Law and Economics Career Prospects

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AP-375
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Law and Economics Career Prospects

Postby AP-375 » Tue Oct 05, 2010 8:22 pm

What is a JD/MA in Economics useful for, other than academia? Can it be useful to get into corporate law, perhaps as a substitute for a JD/MBA? Would that be enough to work in M&A?

green
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Re: Law and Economics Career Prospects

Postby green » Tue Oct 05, 2010 9:00 pm

Law and economics is really academic. I doubt it would be a substitute for a JD/MBA. If you really want something like a JD/MBA, just get a JD/MBA.

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Veyron
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Re: Law and Economics Career Prospects

Postby Veyron » Tue Oct 05, 2010 9:05 pm

AP-375 wrote:What is a JD/MA in Economics useful for, other than academia? Can it be useful to get into corporate law, perhaps as a substitute for a JD/MBA? Would that be enough to work in M&A?


A JD is enough to work in M + A

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MartianManhunter
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Re: Law and Economics Career Prospects

Postby MartianManhunter » Tue Oct 05, 2010 9:30 pm

Your question assumes you need a JD/MBA to get into corporate law. You don't, your JD will do just fine.

AP-375
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Re: Law and Economics Career Prospects

Postby AP-375 » Tue Oct 05, 2010 9:38 pm

My question merely assumes that a JD/MBA is useful for corporate, not necessary.

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Noval
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Re: Law and Economics Career Prospects

Postby Noval » Thu Oct 07, 2010 5:24 pm

If you already know you will be buried in debts just for your J.D., don't subject yourself to more risks by doing an M.B.A. that you can still complete long after you begun working.

Your J.D. will work just fine to get jobs, all you need with it is going to a good Law School and do well from there.

Let the magic do the rest.

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hellojd
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Re: Law and Economics Career Prospects

Postby hellojd » Mon Oct 11, 2010 11:38 am

Noval wrote:If you already know you will be buried in debts just for your J.D., don't subject yourself to more risks by doing an M.B.A. that you can still complete long after you begun working.

Your J.D. will work just fine to get jobs, all you need with it is going to a good Law School and do well from there.

Let the magic do the rest.


Must respectfully disagree here. Very very few MBA programs would want a JD to matriculate. There would have to be some seriously compelling reason. Not to mention, big banks and consultancies (McKinsey may be an exception here) typically don't care much for lawyers, as if they're trying to cross over they're often viewed as damaged goods - besides, these top firms have several young, extremely intelligent individuals coming from the best MBA programs.

A JD/MBA is different, as people do that commonly, but a top MBA program would be very hesitant to let in someone who PREVIOUSLY has gotten a JD and worked for a law firm.

This comes from my experience in corporate US, and from my research of b-schools, but if you need a citation, check out Montauk's how to get into the top law schools.

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jwaters
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Re: Law and Economics Career Prospects

Postby jwaters » Mon Oct 11, 2010 1:13 pm

.
Last edited by jwaters on Tue Nov 02, 2010 11:52 am, edited 1 time in total.

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Noval
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Re: Law and Economics Career Prospects

Postby Noval » Wed Oct 13, 2010 6:40 pm

hellojd wrote:
Noval wrote:If you already know you will be buried in debts just for your J.D., don't subject yourself to more risks by doing an M.B.A. that you can still complete long after you begun working.

Your J.D. will work just fine to get jobs, all you need with it is going to a good Law School and do well from there.

Let the magic do the rest.


Must respectfully disagree here. Very very few MBA programs would want a JD to matriculate. There would have to be some seriously compelling reason. Not to mention, big banks and consultancies (McKinsey may be an exception here) typically don't care much for lawyers, as if they're trying to cross over they're often viewed as damaged goods - besides, these top firms have several young, extremely intelligent individuals coming from the best MBA programs.

A JD/MBA is different, as people do that commonly, but a top MBA program would be very hesitant to let in someone who PREVIOUSLY has gotten a JD and worked for a law firm.

This comes from my experience in corporate US, and from my research of b-schools, but if you need a citation, check out Montauk's how to get into the top law schools.



Some of what you said is true, but Investment Banks and Consulting Firms love the way Lawyers think, they look at them for Associate positions and they mostly don't care for the MBA, the law degree is enough, go ask any Bank recruiter or Consultant, you'll only have to prove one thing, that you can count.

Coming from a Corporate Law background, no one will doubt that you have the stamina and qualities required to do IB or Consulting.The math needed for Finance is really simple, addition, substraction, multiplication and division if you get really fancy.If you are one of those fancy boys, might as well work for a CFA title, it gives a leg up to most Lawyers wanting Business & Administration spots, even Investment Banking as you won't have to prove anything.




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