26, Finance & Marketing Degrees+T30 Law Degree.UNEMPLOYED!!! Forum

[Patriot1208]

People on tls are so unrealistic about other industries.

OP contact alumni and apply broadly. Your chances at consulting or banking is about none. But you may be able to find a finance gig in a corporation or insurance company or the like. Just get in contact with everyone you know. The longer you atte unemployed the harder it will be.

[robotclubmember]

I actually wish I would have gone into i-banking. My GPA was a 3.44, solid state school but at the time during UG I did not think I had much of a chance and did not actively pursue a position or internship in banking.

At this point, I am open to anything. I am just unsure as to which route to go. I plan on taking to the bar but I think continuing the legal route may not be my best option.

A 3.44 would not have gotten you into i-banking unless you had solid connections. I-banking usually recruits from only elite schools.Of the people I know from my ugrad (top 20 business ugrad) who got offers in i-banking, one had a 4.00 and the other had a 3.9-something. All of the firms that interviewed for consulting on campus had a 3.5 cutoff. I-banking didn't formally recruit from the campus though people could get interviews, but again I imagine the cutoffs were at least 3.5. It's safe to say i-banking is probably out.

After dumping 3 years into your education, the legal route is probably your best bet. It will pay more than anything you can get that's entry-level in finance or marketing. If you do in-house maybe you can shift into the finance function later, finance undergrad + JD isn't a bad combo for CFO path. The first mistake though is posting this in "law school admissions". There is an employment board here. You'll get better advice there. You'll also see people discussing what they did to find a job, which involved sending out dozens or hundreds of resumes. If you're not doing that, that's why you don't have a job.

[Patriot1208]

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

[danquayle]

I actually wish I would have gone into i-banking. My GPA was a 3.44, solid state school but at the time during UG I did not think I had much of a chance and did not actively pursue a position or internship in banking.

At this point, I am open to anything. I am just unsure as to which route to go. I plan on taking to the bar but I think continuing the legal route may not be my best option.

A 3.44 would not have gotten you into i-banking unless you had solid connections. I-banking usually recruits from only elite schools.Of the people I know from my ugrad (top 20 business ugrad) who got offers in i-banking, one had a 4.00 and the other had a 3.9-something. All of the firms that interviewed for consulting on campus had a 3.5 cutoff. I-banking didn't formally recruit from the campus though people could get interviews, but again I imagine the cutoffs were at least 3.5. It's safe to say i-banking is probably out.

After dumping 3 years into your education, the legal route is probably your best bet. It will pay more than anything you can get that's entry-level in finance or marketing. If you do in-house maybe you can shift into the finance function later, finance undergrad + JD isn't a bad combo for CFO path. The first mistake though is posting this in "law school admissions". There is an employment board here. You'll get better advice there. You'll also see people discussing what they did to find a job, which involved sending out dozens or hundreds of resumes. If you're not doing that, that's why you don't have a job.

Yeah, definitely agree. You can start off at a higher function than if you just went straight into a lower entry-level business gig. If you did that, you'd essentially have nothing to show at all for that investment, and you might have to explain it.

Working in law and transitioning to business is a much more natural progression. If you can stomach it, you might want to consider going the the tax law route. Get your GPA if you can, or consider a LLM or even a MACC. It's a niche market, and I'd say it has stronger demand than the overall legal market. There are plenty of people who started out with Big 4 type firms in tax policy positions and transitioned into more a more general business function.

I personally know several people who were in your position, got their Macc and successfully got in at a Big 4 position at a higher salary and responsibility level than other entry-level hires. Not to mention their job hunt as a JD/CPA was MUCH MUCH easier than it had been as merely a JD.

I'd also concur that, unless you're prepared to get work experience and try to go back to business school, I'd write off i-banking or consulting.

[flcath]

Okay, I feel bad saying this as it refers to clearly identifiable people, but dude: my roommate--I would be willing to bet money on this--has what is almost definitely THE LOWEST gpa (well under a 3.0) in the 3L class at NDLS.

Even he's lined up a $45K/yr. job back in his home area. I really, honestly don't say this to be mean-spirited, but you need to try harder.

[Unemployeddd]

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

I was actually just offered a job this morning at a local investment advising firm. Anyway some experience with this + the degrees can possibly get me into a larger market in the future? This group manages are 500 million so it has some large clients.

[thexfactor]

this is why i tell people to go to a t14 vs full scholarship from t30.

you are fucked no matter what if you dont have a job regardless of debt. Might as well increase your chances as much as you can in law school.

[danquayle]

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

I was actually just offered a job this morning at a local investment advising firm. Anyway some experience with this + the degrees can possibly get me into a larger market in the future? This group manages are 500 million so it has some large clients.

Generally, yes.

But that's a broad question. You certainly won't get the same type of work had you gone into investment banking right out of business school. That's not necessarily a bad thing.

[robotclubmember]

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

I was actually just offered a job this morning at a local investment advising firm. Anyway some experience with this + the degrees can possibly get me into a larger market in the future? This group manages are 500 million so it has some large clients.

investment advising firms (not the same as investment banking) can do many things, including tax, estate and financial planning, selecting and managing investments, due diligence, basic accounting and finance functions, etc. what is the position they offered you? and how much are they offering?

(0L here, right now i work at a small-ish trust fund that manages $3B in assets. PM with specific details to me if you want an appraisal of the position without spilling too many details online)

[sanpiero]

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

Bolded is absolutely wrong. See http://kelley.iu.edu/ibn/IBW/council.cfm.

[johnnyutah]

What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.

[fundamentallybroken]

What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.

Yes, I know. That would be the joke.

[Patriot1208]

^ actually investment banks care less about grades than consulting firms. Now from indiana he probably had no shot but I know multiple kids going into investment banks with lower gpa's but things like athletes, bilingual, great internships, etc

Bolded is absolutely wrong. See http://kelley.iu.edu/ibn/IBW/council.cfm.

I meant from indiana with that gpa, my bad.

[johnnyutah]

What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.

Yes, I know. That would be the joke.

Whoops. Guess I've got a tin ear for jokes today.

[fundamentallybroken]

What exactly is the major personality flaw you have that is preventing you from finding employment?

Unwarranted assumption.

Yes, I know. That would be the joke.

Whoops. Guess I've got a tin ear for jokes today.

Admittedly, it was only funny in my head. Seeing it on screen, not so much.

[flcath]

this is why i tell people to go to a t14 vs full scholarship from t30.

you are fucked no matter what if you dont have a job regardless of debt. Might as well increase your chances as much as you can in law school.

Except that you're actually not fucked at all if you're debt-free, while you still may end up debt-fucked even if you do get your 3 years in Biglaw, if you went $150K in debt.

Plus the savings can be huge just a few ranks down. No one contends that Vandy/UT/GULC/UCLA are as good as the T13 on pure placement, but if you're looking at a 50% CoA difference (which is not uncommon)...

[tittsburghfeelers]

this is why i tell people to go to a t14 vs full scholarship from t30.

you are fucked no matter what if you dont have a job regardless of debt. Might as well increase your chances as much as you can in law school.

Except that you're actually not fucked at all if you're debt-free, while you still may end up debt-fucked even if you do get your 3 years in Biglaw, if you went $150K in debt.

Plus the savings can be huge just a few ranks down. No one contends that Vandy/UT/GULC/UCLA are as good as the T13 on pure placement, but if you're looking at a 50% CoA difference (which is not uncommon)...

Agreed..... As far as placement goes, they may not be up to par with the T14 (I caught the anti-GULC trolling lol), but graduating debt free doesn't force students into biglaw in order to pay off loans.

I also agreed when you said that it sounds like the OP needs to try harder. I mean, and I'm not trying to be a dick here, but OP said that he hasn't and isn't necessarily planning on taking the BAR.

[nphsbuckeye]

Idk why TLS has it in its collective mind that consulting is some kind of fallback if you strike out in law but it most definitely is not.

You mean liberal arts prestige whores?

[schooner]

OP - I think your combination of law (policy) + finance (fundraising)+ marketing (communications) would make you a great candidate for political campaign jobs. There are plenty of local, state, and federal campaigns gearing up, if you look. That could lead to work in a legislative office, although campaign work in itself is interesting too. And if you're successful and patient, you can cash out to become a highly paid lobbyist years from now.

Good luck.

[dr123]

If you dont wanna practice law, go back to doing whatever the fuck you did before going to Law school

[flcath]

If you dont wanna practice law, go back to doing whatever the fuck you did before going to Law school

College?

I wish man, I wish, but those days are gone. Damn shame, too.