Finance and the Law

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Finance and the Law

Postby itsfine » Thu Aug 05, 2010 1:57 am

So I'm not posting this in the employment section because this is a much more general question than I think deserves to be in the employment forum...anyway...

I'm an 0L and know that I want to go to law school, but I'm a little unclear as to what career I would like to pursue, and I know this is something that would most likely come to me within the next year, but theres no reason not to think about it now...

I was a finance major in undergrad and enjoyed that line of work, and I was wondering, what type of careers/jobs exist that bring finance and a JD together? What type of employment brings those two areas together, and by finance, I mean securities, corporation finance, m&A, and the sort. I know this is a really general question, but any input would be appreciated because aside from my desire to pursue a law degree, I really do not have much of an idea about THIS question in particular.

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Joined: Wed Aug 04, 2010 5:30 pm

Re: Finance and the Law

Postby Pip » Fri Aug 06, 2010 11:30 pm

Frankly what you describe sounds more like you should be working on your MBA and not getting a JD. If you expect to be doing transaction work for financial transaction or papering mergers and acquisitions you will quickly find that you lawyers do this type of work don't have any input on the numbers side. The banks or businesses will be doing all the number work and the lawyers will be little more than errand boys after the fact. I worked for 6 years in an holding company that involved m&a or joint ventures... the deals were done with minimal involvement of lawyers.... Both sides would meet, write up a memo of understanding for the deal and then call in the lawyers to paper the transaction. The only lawyers that were involved prior to the deal being negotiated would be some tax lawyers for the more complicated cross border JVs... otherwise the lawyers were just turning the MOU into a detailed contract or putting together the SEC forms...

You sound like you are more interested in the numbers side. If that's the case go get your MBA and get a job on the business side. The legal side will not make you happy.

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