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Getting firm to pay for LLM

Posted: Thu Feb 05, 2015 7:51 pm
by Anonymous User
Spring 2014 grad, starting at a Big 4 in a major market next week. I'm in the tax practice, even though I have no tax experience. I have no intention of asking about it now, but I would eventually want to get an LLM in tax part time while working full time as long as I don't hate the practice area. I would only do this if I could get it paid for, since dropping 55k is just a little bit out of my budget at this point.

How should I go about doing that, and how long should I wait before bringing it up? Is this something that a big 4 would commonly pay for?

Re: Getting firm to pay for LLM

Posted: Thu Feb 05, 2015 7:59 pm
by Anonymous User
I interned at a Big 4 my 2L summer and was also given a full-time offer when I graduate. I was told the only way they would pay for it is if I could convince a partner that it would beneficial to the firm. If you don't mind, what salary are you starting at?

Re: Getting firm to pay for LLM

Posted: Thu Feb 05, 2015 8:37 pm
by Anonymous User
Starting at 92k. Did you get the impression that getting a partner to agree to that is next to impossible?

Re: Getting firm to pay for LLM

Posted: Thu Feb 05, 2015 10:00 pm
by Anonymous User
Mind sharing what specialty group?

Re: Getting firm to pay for LLM

Posted: Thu Feb 05, 2015 10:32 pm
by Anonymous User
Its M&A

Re: Getting firm to pay for LLM

Posted: Fri Feb 06, 2015 3:55 pm
by JD2013Tax
.

Re: Getting firm to pay for LLM

Posted: Fri Feb 06, 2015 4:05 pm
by BrazilBandit
Would you guys mind sharing school and class rank? feel free to PM

Re: Getting firm to pay for LLM

Posted: Fri Feb 06, 2015 4:07 pm
by bjsesq
Could I also get a PM with your school and class rank? Also, your full name, DOB, SSN, and account and routing numbers for all of your bank accounts? Thanks in advance.

Re: Getting firm to pay for LLM

Posted: Fri Feb 06, 2015 4:09 pm
by lawschoolftw
bjsesq wrote:Could I also get a PM with your school and class rank? Also, your full name, DOB, SSN, and account and routing numbers for all of your bank accounts? Thanks in advance.
lol, awesome.

Re: Getting firm to pay for LLM

Posted: Fri Feb 06, 2015 4:13 pm
by Desert Fox
How could anyone who has been to law school think an LLM has any value at all

Re: Getting firm to pay for LLM

Posted: Sat Feb 07, 2015 9:36 pm
by jokema
Desert Fox wrote:How could anyone who has been to law school think an LLM has any value at all
only people who has been to law school can get an LLM

Re: Getting firm to pay for LLM

Posted: Sat Feb 07, 2015 9:56 pm
by Johann
Desert Fox wrote:How could anyone who has been to law school think an LLM has any value at all
Mine was well worth it. But that's because without it I'd be making like 50k. If you already have a job it has less value but still some value. If it's free like the op is tryna get, hey

Re: Getting firm to pay for LLM

Posted: Sun Feb 08, 2015 4:29 pm
by Anonymous User
OP here. First responder was useful, the rest of you suck

Re: Getting firm to pay for LLM

Posted: Sun Feb 08, 2015 4:34 pm
by dabigchina
Big4 guy here (although I'm not M&A or a JD). At my firm you need to be top rated (1 or 5 depending on the firm) 2 years in a row in order to qualify for tuition assistance for LLM/masters of accounting. Of course, if a partner with a decent amount of units likes you there can be a little wiggle room in what rating you need.

That said, LLMs are useless once you start practice in accounting so why bother?

ETA: it's not hard to get partners to like you. there's so much turnover at the big4 (like over 50% in 2 years in many large markets) that if you stay for more than 3 years at the same firm you are bascially guaranteed to be a high performer.

Re: Getting firm to pay for LLM

Posted: Sun Feb 08, 2015 4:36 pm
by A. Nony Mouse
But tax isn't accounting. And only law students are allowed to comment in Legal Employment.

Re: Getting firm to pay for LLM

Posted: Sun Feb 08, 2015 4:37 pm
by dabigchina
A. Nony Mouse wrote:But tax isn't accounting. And only law students are allowed to comment in Legal Employment.
K I guess my 4 years at a big4 as a tax senior associate are worthless to OP then. We'll take the intern's word for it.

Re: Getting firm to pay for LLM

Posted: Sun Feb 08, 2015 4:42 pm
by Desert Fox
dabigchina wrote:
A. Nony Mouse wrote:But tax isn't accounting. And only law students are allowed to comment in Legal Employment.
K I guess my 4 years at a big4 as a tax senior associate are worthless to OP then. We'll take the intern's word for it.
Anony = done here

Re: Getting firm to pay for LLM

Posted: Sun Feb 08, 2015 4:58 pm
by Anonymous User
OP here. Thanks dabigchina!