Which practice area most quantitative Forum

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PriOSkyVXS

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Which practice area most quantitative

Post by PriOSkyVXS » Wed Jun 19, 2013 9:13 pm

Which practice area require the highest level of quantitative aptitude? Tax? Antitrust?

Jimbo_Jones

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Re: Which practice area most quantitative

Post by Jimbo_Jones » Wed Jun 19, 2013 9:57 pm

Math law

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stillwater

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Re: Which practice area most quantitative

Post by stillwater » Wed Jun 19, 2013 9:58 pm

the law of physics

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dr123

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Re: Which practice area most quantitative

Post by dr123 » Wed Jun 19, 2013 10:00 pm

international space law

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holdencaulfield

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Re: Which practice area most quantitative

Post by holdencaulfield » Wed Jun 19, 2013 10:08 pm

Tax doesn't require as much quantitative aptitude as you'd think. Ligation involving complex trust or corp accountings would be my bet.

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rad lulz

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Re: Which practice area most quantitative

Post by rad lulz » Thu Jun 20, 2013 9:48 am

Be one of those people that works for the feds doing nothing but calculating Sentencing Guidelines ranges

gnuwheels

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Re: Which practice area most quantitative

Post by gnuwheels » Thu Jun 20, 2013 9:51 am

I think antitrust is tcr. Most antitrust practice groups look for associates with significant Econ or math backgrounds.

anonymous2012

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Re: Which practice area most quantitative

Post by anonymous2012 » Thu Jun 20, 2013 4:14 pm

I honestly don't see it in antitrust. Maybe practice is way different, but the class only touches on some economic concepts and isn't all that quantitative.

I don't know any area of law that requires more quantitative skill than a good knowledge of statistics, in terms of what studies mean and don't mean, etc.

Reorg/Bankruptcy requires a lot of math and accounting day to day, especially at the decision making level.

And bump for a better response than I can give.

Edited to add that I know that executive compensation and estate planning are all about valuation, so to the extent that any of that work is offered in house instead of by a separate consultant there are some basic but involved calculations.

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Bronte

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Re: Which practice area most quantitative

Post by Bronte » Thu Jun 20, 2013 4:18 pm

As mentioned, bankruptcy and reorganization is animated by finance theory and frequently involves in-court valuation battles. But of course ultimately most of the actual number-crunching will be done by restructuring consultants and investment banks. A quantitative-ish background, especially in accounting, finance, or economics, can be helpful in fields like tax, antitrust, restructuring, and even general transactional practice, but you're unlikely to actually do much serious quantitative work in any legal field.

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