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taking a year off during law school?

Posted: Tue Feb 22, 2011 5:53 pm
by modmx
A bit of an odd question and I am not even sure if it is completely possible, but can anyone comment on possibly taking a year off between 1L and 2L years? I know this may sound a bit naive but I know that it is possible during one's undergrad education

The reason I ask is because of a crazy idea that has popped up into my head. I am considering the one year masters of finance program at MIT Sloan and have missed Fall 2011's deadline and have some very nice offers from law schools on the table. Would anyone suggest taking a year off after my 1L to pursue this MS in Finance and combine it with my JD to pursue a career in investment banking?

thanks for the insight

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 5:54 pm
by pokerlaw
Going to law school is not going to help you get into investment banking.

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 6:04 pm
by modmx
pokerlaw wrote:Going to law school is not going to help you get into investment banking.
I personally know two attorneys who broke into i-banking after law school. They are the reason for my "crazy idea"

Although its extremely difficult, its not impossible. Getting into i-banking in general is extremely difficult, but a combination of a JD and MS in Finance helped those two individuals secure positions as associates

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 6:57 pm
by istara
I'm actually also curious of this answer, but for a different reason (potential health issues). I know it would not be ideal by any stretch of the imagination, but when things do come up do others just drop out of law school or is a year off feasible?

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 6:59 pm
by bk1
Why not get work experience and then get an MBA? Seems like a much better idea.

That being said, if you are curious about taking a year off it seems unlikely but you would probably be best advised to actually ask the schools themselves for a definitive answer.

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 10:15 pm
by icpb
Why not just pursue a MS in financial engineering? Getting into investment banking isn't that difficult, as long as you are smart and as long as the managing director interviewing you feel that you are confident yet would do what ever he/she tells you to do (including pulling back-to-back all-nighters) without asking a question.
modmx wrote:
pokerlaw wrote:Going to law school is not going to help you get into investment banking.
I personally know two attorneys who broke into i-banking after law school. They are the reason for my "crazy idea"

Although its extremely difficult, its not impossible. Getting into i-banking in general is extremely difficult, but a combination of a JD and MS in Finance helped those two individuals secure positions as associates

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 10:17 pm
by prezidentv8
icpb wrote:comments
modmx wrote:
pokerlaw wrote:this guy's quote
that guy's quote
HEY Y U NO COMMENT AFTER THE QUOTE BOX?

Re: taking a year off during law school?

Posted: Tue Feb 22, 2011 10:18 pm
by Veyron
Yes, you CAN do it, is it a good idea, who knows?

Re: taking a year off during law school?

Posted: Wed Feb 23, 2011 12:07 am
by modmx
Veyron, any advice on how to go about requesting the year off?

Re: taking a year off during law school?

Posted: Wed Feb 23, 2011 12:09 am
by Veyron
modmx wrote:Veyron, any advice on how to go about requesting the year off?
If its like Penn talk to the Dean of Students in person.

Re: taking a year off during law school?

Posted: Wed Feb 23, 2011 12:11 am
by modmx
Veyron wrote:
modmx wrote:Veyron, any advice on how to go about requesting the year off?
If its like Penn talk to the Dean of Students in person.
Thanks for the quick reply, I'll see if I can arrange something like this in the future. If the office of career development suggests against it, then forget it...but if they recommend it then I'll my full efforts towards MIT

Re: taking a year off during law school?

Posted: Wed Feb 23, 2011 1:18 am
by CanadianWolf
Be careful since many law schools only allow three years in which to complete the law degree program. (The guidelines actually use the word "must" as in "law degree requirements must be completed within three years".) Some allow five years. Law schools offering both full & part-time law programs should be the most flexible.