Why law school over MBA? Forum
- crazi4law
- Posts: 71
- Joined: Sat Jul 16, 2011 9:21 am
Why law school over MBA?
I may be generalizing here, but most people on this forum want to go to a top law school and work at a BigLaw firm, mainly because of the money and the prestige.
But going to a top MBA program also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try for a top MBA and get into something like banking instead (somewhat better pay, somewhat more interesting)?
But going to a top MBA program also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try for a top MBA and get into something like banking instead (somewhat better pay, somewhat more interesting)?
- westinghouse60
- Posts: 403
- Joined: Mon Aug 02, 2010 2:27 am
Re: Why law school over MBA?
Getting into a top MBA requires several years of really good WE, which in turn would have required going to a top UG and getting a finance/math/econ etc degree instead of a worthless liberal arts degree. So, for a lot of people (like myself) it's too late to try to go that route.crazi4law wrote:I may be generalizing here, but most people on this forum want to go to a top law school and work at a BigLaw firm, mainly because of the money and the prestige.
But going to a top MBA program also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try for a top MBA and get into something like banking instead (somewhat better pay, somewhat more interesting)?
- sambeber
- Posts: 256
- Joined: Fri Jan 14, 2011 7:05 pm
Re: Why law school over MBA?
Because they want to be lawyers, perhaps?crazi4law wrote:I may be generalizing here, but most people on this forum want to go to a top law school and work at a BigLaw firm, mainly because of the money and the prestige.
But going to a top MBA program also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try for a top MBA and get into something like banking instead (somewhat better pay, somewhat more interesting)?
- BruceWayne
- Posts: 2034
- Joined: Sat Aug 14, 2010 9:36 pm
Re: Why law school over MBA?
And this is so well known that it makes me think that people who ask this don't know anything about top MBA programs; either that or they don't understand that law school admissions only involve having a u-grad degree (from any school) and taking the LSAT.westinghouse60 wrote:
Getting into a top MBA requires several years of really good WE, which in turn would have required going to a top UG and getting a finance/math/econ etc degree instead of a worthless liberal arts degree. So, for a lot of people (like myself) it's too late to try to go that route.
- bazinga!
- Posts: 102
- Joined: Mon Oct 31, 2011 12:14 pm
Re: Why law school over MBA?
sounds like you should apply to get an MBA? i'm confused how the existence of careers that pay more should somehow discourage people from entering other professions. and an MBA is only more flexible, compatible, and interesting if you are skilled to and want to practice in a profession requiring an MBA, in which case see my first statement.crazi4law wrote:I may be generalizing here, but most people on this forum want to go to a top law school and work at a BigLaw firm, mainly because of the money and the prestige.
But going to a top MBA program also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try for a top MBA and get into something like banking instead (somewhat better pay, somewhat more interesting)?
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- dingbat
- Posts: 4974
- Joined: Wed Jan 11, 2012 9:12 pm
Re: Why law school over MBA?
Why not denti$try?
-
- Posts: 50
- Joined: Sun Mar 18, 2012 2:39 pm
Re: Why law school over MBA?
Makes sense to me. I never wanted to be a lawyer, my mom just told me I look good in suits. I tried on scrubs this afternoon though and they make me look sexy af. Mind made upcrazi4law wrote:I may be generalizing here, but most people on this forum want to go to a top law school and work at a BigLaw firm, mainly because of the money and the prestige.
But going to a top Med school also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try to be a doctor and get into something like medicine instead (better pay, saving lives is way more interesting)?
- splitbrain
- Posts: 656
- Joined: Tue Nov 29, 2011 11:38 pm
Re: Why law school over MBA?
sambeber wrote:Because they want to be lawyers, perhaps?crazi4law wrote:I may be generalizing here, but most people on this forum want to go to a top law school and work at a BigLaw firm, mainly because of the money and the prestige.
But going to a top MBA program also offers a plethora of career opportunities, and is much more flexible and compatible than a JD. Everyone knows that BigLaw is boring as hell, so why not just try for a top MBA and get into something like banking instead (somewhat better pay, somewhat more interesting)?
- chem
- Posts: 871
- Joined: Thu Mar 03, 2011 8:14 pm
Re: Why law school over MBA?
Bigteeth is hard to get, its not all models and bottles. No one tells you about denture reviewdingbat wrote:Why not denti$try?
- dingbat
- Posts: 4974
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Re: Why law school over MBA?
180chem wrote:Bigteeth is hard to get, its not all models and bottles. No one tells you about denture reviewdingbat wrote:Why not denti$try?
- JDflowergirl
- Posts: 113
- Joined: Tue May 08, 2012 12:31 pm
Re: Why law school over MBA?
Big law might be boring but I know some people in banking and it doesn't sound any more interesting. Also BigLaw and Banking are not interchangeable. And you forget people may find BigLaw boring but they actually like the law and transition to other law related careers.
Ive heard of JDs getting hired by BigLaw firms and banks but I haven't heard of people wih MBAs (only) frequently getting hired in both industries.
Ive heard of JDs getting hired by BigLaw firms and banks but I haven't heard of people wih MBAs (only) frequently getting hired in both industries.
- dingbat
- Posts: 4974
- Joined: Wed Jan 11, 2012 9:12 pm
Re: Why law school over MBA?
If you're good with numbers, go into bankingJDflowergirl wrote:Big law might be boring but I know some people in banking and it doesn't sound any more interesting. Also BigLaw and Banking are not interchangeable. And you forget people may find BigLaw boring but they actually like the law and transition to other law related careers.
Ive heard of JDs getting hired by BigLaw firms and banks but I haven't heard of people wih MBAs (only) frequently getting hired in both industries.
If you're good with words go into law
If you're too dumb to figure that out, go into retail
- El_Sol
- Posts: 46
- Joined: Tue Jul 10, 2012 1:00 pm
Re: Why law school over MBA?
A lot of people get a JD from top-14, work in big law for several years, then MBA from Top Program, and appointed to leadership positions like CEO, or work in private equity/consulting/investment banking. Obviously, this takes a lot of time and money. So, it might not be worth it to most.
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- dingbat
- Posts: 4974
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Re: Why law school over MBA?
Define "a lot"El_Sol wrote:A lot of people get a JD from top-14, work in big law for several years, then MBA from Top Program, and appointed to leadership positions like CEO, or work in private equity/consulting/investment banking. Obviously, this takes a lot of time and money. So, it might not be worth it to most.
- El_Sol
- Posts: 46
- Joined: Tue Jul 10, 2012 1:00 pm
Re: Why law school over MBA?
Yeah, should not have used "a lot." Some.
-
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Re: Why law school over MBA?
Yeah, I'd be willing to bet that less than 1% of JD grads follow this career path.dingbat wrote:Define "a lot"El_Sol wrote:A lot of people get a JD from top-14, work in big law for several years, then MBA from Top Program, and appointed to leadership positions like CEO, or work in private equity/consulting/investment banking. Obviously, this takes a lot of time and money. So, it might not be worth it to most.
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Re: Why law school over MBA?
+1dingbat wrote:If you're good with numbers, go into bankingJDflowergirl wrote:Big law might be boring but I know some people in banking and it doesn't sound any more interesting. Also BigLaw and Banking are not interchangeable. And you forget people may find BigLaw boring but they actually like the law and transition to other law related careers.
Ive heard of JDs getting hired by BigLaw firms and banks but I haven't heard of people wih MBAs (only) frequently getting hired in both industries.
If you're good with words go into law
If you're too dumb to figure that out, go into retail
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- crazi4law
- Posts: 71
- Joined: Sat Jul 16, 2011 9:21 am
Re: Why law school over MBA?
I used to think that too, but actually the numbers work that analysts do is quite simple, you don't need to be great at math to be able to get it done.dingbat wrote: If you're good with numbers, go into banking
If you're good with words go into law
If you're too dumb to figure that out, go into retail
All things considered, an average day for an ibanker is definitely more lively than that of a biglaw lawyer.
- rayiner
- Posts: 6145
- Joined: Thu Dec 11, 2008 11:43 am
Re: Why law school over MBA?
I'm curious as to what you think "banking" entails circa 2012.
- dingbat
- Posts: 4974
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Re: Why law school over MBA?
crazi4law wrote:All things considered, an average day for an ibanker is definitely more lively than that of a biglaw lawyer.
rayiner wrote:I'm curious as to what you think "banking" entails circa 2012.
- rayiner
- Posts: 6145
- Joined: Thu Dec 11, 2008 11:43 am
Re: Why law school over MBA?
Lively in the sense of what? My brother is a trading analyst. He sits in front of a computer screen all day. The compensation is great, though, don't get me wrong, but the bankers I've met get worked about valuations and cash flow the same way law geeks get worked up about circuit splits.dingbat wrote:crazi4law wrote:All things considered, an average day for an ibanker is definitely more lively than that of a biglaw lawyer.rayiner wrote:I'm curious as to what you think "banking" entails circa 2012.
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- dingbat
- Posts: 4974
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Re: Why law school over MBA?
I've been thinking about this and I have to say it really depends on the person (what you consider "lively"), the job and the department. If you're analyzing equities, you're staring at numbers all day long. If you're involved with repackaging debt, it's mostly doc review. Banking is a very broad term, broader than "lawyer" and there's a lot of variation in the fieldcrazi4law wrote:I used to think that too, but actually the numbers work that analysts do is quite simple, you don't need to be great at math to be able to get it done.dingbat wrote: If you're good with numbers, go into banking
If you're good with words go into law
If you're too dumb to figure that out, go into retail
All things considered, an average day for an ibanker is definitely more lively than that of a biglaw lawyer.
-
- Posts: 279
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Re: Why law school over MBA?
This only applies to people who get into law for all the wrong reasons.
Also, banking is 'somewhat more interesting'? I couldn't think of a faster route to suicide for me.
Also, banking is 'somewhat more interesting'? I couldn't think of a faster route to suicide for me.
- dingbat
- Posts: 4974
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Re: Why law school over MBA?
Having to deal with bankers on a daily basisJohnV wrote:This only applies to people who get into law for all the wrong reasons.
Also, banking is 'somewhat more interesting'? I couldn't think of a faster route to suicide for me.
- tyler.durden
- Posts: 287
- Joined: Wed Jun 13, 2012 1:12 pm
Re: Why law school over MBA?
+1dingbat wrote:180chem wrote:Bigteeth is hard to get, its not all models and bottles. No one tells you about denture reviewdingbat wrote:Why not denti$try?
Seriously? What are you waiting for?
Now there's a charge.
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