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Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sat Mar 14, 2015 10:17 pm
by Anonymous User
1L here, I'm working at a decently well known startup this Summer in a mix of a biz dev/corp dev/corp strat role. I understand the whole why'd you go to law school if you had no intention to practice law schtick, but I was a K-JD with a poor gpa at a regional state school and law school was real cheap. I also understand b-school would have been a better choice for these careers but that wasn't an option now, and most likely wouldn't be an option in four-six years.

Since I have a pretty open- ended internship with a decent amount of responsibility, I'm exploring other fields with challenging work. I'm considering skipping OCI this Fall, and I'm wondering where established routes exist to attempt to network into opportunities. (I understand my school is not a target, and I will have to network).

I go to a school thats a bank semi-target for undergrad with a t25 law school(ND/Emory/Wustl/USC/GW/BU/BC/Vandy) and I got a 3.7 my first semester.

For Ibanks, I know CS actively recruits JD's and I was wondering if any of the other Bulge Bracket banks, or MM banks recruit at say schools for example Harvard, Columbia, Penn, or Chicago. I'd also be interested which banks have more formal processes for JD candidates even if they don't actively recruit.

I also understand McKinsey actively recruits JDs while Bain/BCG takes a less active approach to recruitment of JDs. Any other strategy consulting firms have an active process similar to Mckinsey? For example in the Deloitte/ATK/Strategy&/Parthenon/LEK/Mars/OW/BAH group?

I'm also interested in f500 corp strat/corp dev but I understand those processes will be more formal and HR controlled in addition to there being a lack of established paths.

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 15, 2015 5:44 pm
by juzam_djinn
for banking, many BB's recruit at H during finance interview week (and I believe YS and some of the T14). This means CS, GS, Barclay's, UBS etc.

MBB also formally recruit at HYS and many of the T14, but I have heard that w/ Bain law students are less likely to get a foot in the door through any OCI-type process, whereas w/ McKinsey and bcg law students who put in the time and seriously prep for the case interviews have a good shot just by going through on-campus recruiting. Heck, w/ McKinsey, if you have great test scores (GMAT/GRE preferred, but LSAT should work too) and a solid UG gpa you could very well get an invite to the first round aptitude test by going through the online app process alone

I think w/ non-MBB consulting, it will req. a resume drop or just going through their website application

but i think for a T25, you're going to have to do a LOT of networking and resume dropping, b/c I don't think there are any fixed channels for banking/consulting recruiting at those law schools

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 15, 2015 7:13 pm
by KM2016
Anonymous User wrote:I'm considering skipping OCI this Fall
DO NOT SKIP OCI. You have nothing to lose, and everything to gain.

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 15, 2015 7:15 pm
by Anonymous User
Credit Suisse formally recruits from a number of schools.

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 15, 2015 9:49 pm
by Anonymous User
juzam_djinn wrote:for banking, many BB's recruit at H during finance interview week (and I believe YS and some of the T14). This means CS, GS, Barclay's, UBS etc.

MBB also formally recruit at HYS and many of the T14, but I have heard that w/ Bain law students are less likely to get a foot in the door through any OCI-type process, whereas w/ McKinsey and BCG law students who put in the time and seriously prep for the case interviews have a good shot just by going through on-campus recruiting. Heck, w/ McKinsey, if you have great test scores (GMAT/GRE preferred, but LSAT should work too) and a solid UG gpa you could very well get an invite to the first round aptitude test by going through the online app process alone

I think w/ non-MBB consulting, it will req. a resume drop or just going through their website application

but i think for a T25, you're going to have to do a LOT of networking and resume dropping, b/c I don't think there are any fixed channels for banking/consulting recruiting at those law schools
Thanks yeah I realize there is alot of networking involved. I figure its similar to undergrad, trying to break into BBs from a non-target. Thats helpful information. Didn't know that a decent amount of BB's recruited at Harvard Law.
KM2016 wrote:
Anonymous User wrote:I'm considering skipping OCI this Fall
DO NOT SKIP OCI. You have nothing to lose, and everything to gain.

Whats the "everything to gain" from law school OCI for someone who decides they want to do non-legal things? Practice interviewing skills?

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 15, 2015 10:05 pm
by Anonymous User
Anonymous User wrote:
juzam_djinn wrote:for banking, many BB's recruit at H during finance interview week (and I believe YS and some of the T14). This means CS, GS, Barclay's, UBS etc.

MBB also formally recruit at HYS and many of the T14, but I have heard that w/ Bain law students are less likely to get a foot in the door through any OCI-type process, whereas w/ McKinsey and BCG law students who put in the time and seriously prep for the case interviews have a good shot just by going through on-campus recruiting. Heck, w/ McKinsey, if you have great test scores (GMAT/GRE preferred, but LSAT should work too) and a solid UG gpa you could very well get an invite to the first round aptitude test by going through the online app process alone

I think w/ non-MBB consulting, it will req. a resume drop or just going through their website application

but i think for a T25, you're going to have to do a LOT of networking and resume dropping, b/c I don't think there are any fixed channels for banking/consulting recruiting at those law schools
Thanks yeah I realize there is alot of networking involved. I figure its similar to undergrad, trying to break into BBs from a non-target. Thats helpful information. Didn't know that a decent amount of BB's recruited at Harvard Law.
KM2016 wrote:
Anonymous User wrote:I'm considering skipping OCI this Fall
DO NOT SKIP OCI. You have nothing to lose, and everything to gain.

Whats the "everything to gain" from law school OCI for someone who decides they want to do non-legal things? Practice interviewing skills?
A back up plan, when reality hits you hard. Of course you could be independently rich already, then pass OCI by all means.

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 15, 2015 11:15 pm
by Anonymous User
Anonymous User wrote:
A back up plan, when reality hits you hard. Of course you could be independently rich already, then pass OCI by all means.
1. Great use of anon.

2. You mean the hard hard reality of, not making six figures out of law school? Or just missing the biglaw train? I mean I understand theres a low chance I get the above summer employment, but getting quality non-legal internships beyond white shoe finance/consulting isn't exactly difficult coming from law school. I mean with one semester of law school grades, a sub 2.7 in undergrad, and just talking to people, I received a few decent non-legal offers. As long as you get by Taleo(by applying through referrals/direct emailing recruiters), interviews run fine. I don't understand the obsession with biglaw or #lifeisover at my school or on this board.

3. Wouldn't potential BL offers expire anyways if I went through with interviewing for non-legal opps(beyond the ones that directly focus on law school)?

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Mon Mar 16, 2015 2:37 pm
by iliketurtles123
Anonymous User wrote:
Anonymous User wrote:
A back up plan, when reality hits you hard. Of course you could be independently rich already, then pass OCI by all means.
1. Great use of anon.

2. You mean the hard hard reality of, not making six figures out of law school? Or just missing the biglaw train? I mean I understand theres a low chance I get the above summer employment, but getting quality non-legal internships beyond white shoe finance/consulting isn't exactly difficult coming from law school. I mean with one semester of law school grades, a sub 2.7 in undergrad, and just talking to people, I received a few decent non-legal offers. As long as you get by Taleo(by applying through referrals/direct emailing recruiters), interviews run fine. I don't understand the obsession with biglaw or #lifeisover at my school or on this board.

3. Wouldn't potential BL offers expire anyways if I went through with interviewing for non-legal opps(beyond the ones that directly focus on law school)?
Most banks and consulting shops are on the same timeline as law firm offers for JD students

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Mon Mar 16, 2015 3:24 pm
by Anonymous User
iliketurtles123 wrote:
Anonymous User wrote:
Anonymous User wrote:
A back up plan, when reality hits you hard. Of course you could be independently rich already, then pass OCI by all means.
1. Great use of anon.

2. You mean the hard hard reality of, not making six figures out of law school? Or just missing the biglaw train? I mean I understand theres a low chance I get the above summer employment, but getting quality non-legal internships beyond white shoe finance/consulting isn't exactly difficult coming from law school. I mean with one semester of law school grades, a sub 2.7 in undergrad, and just talking to people, I received a few decent non-legal offers. As long as you get by Taleo(by applying through referrals/direct emailing recruiters), interviews run fine. I don't understand the obsession with biglaw or #lifeisover at my school or on this board.

3. Wouldn't potential BL offers expire anyways if I went through with interviewing for non-legal opps(beyond the ones that directly focus on law school)?
Most banks and consulting shops are on the same timeline as law firm offers for JD students
not really, at HLS at least JD recruiting (EIP) happens much sooner. McK usually offers a few weeks after biglaw earliest and the BBs only come on campus separately and later (but OCS claims that offers are made before biglaw offers explode).

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Fri Mar 20, 2015 9:23 pm
by Anonymous User
Hi there,

I had offers at multiple of the places you mentioned.

Some thoughts:

1) If you're not in the T14, you're almost definitely SOL. I'm assuming you're transferring after 1L, and trying to get into the T14 (and preferably T6).

2) Goldman for sure also recruits along with CS, but I think only at T6 judging from what I saw.

3) Re: consulting - McK and BCG are very open to (T-14) JD's, and Bain much less so. BCG's problem is with the timeline though - for 2L summer, their recruiting timeline is way too late (Decemberish) to be helpful for a 2L. I think for full-time their timeline makes more sense.
I got the impression that if you're at an acceptable school, it's not hard to get the McK first round interview. However, of course, it is incredibly incredibly hard to go through and make it to an offer, it's 3 rounds and attrition after the 2nd and 3rd round is ridiculous (and you're talking about all ambitious people from t14 schools here, not slouches).

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Fri Mar 20, 2015 9:52 pm
by lawlorbust
...

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sat Mar 21, 2015 1:24 am
by juzam_djinn
Anonymous User wrote:Hi there,

I had offers at multiple of the places you mentioned.

Some thoughts:

1) If you're not in the T14, you're almost definitely SOL. I'm assuming you're transferring after 1L, and trying to get into the T14 (and preferably T6).

2) Goldman for sure also recruits along with CS, but I think only at T6 judging from what I saw.

3) Re: consulting - McK and BCG are very open to (T-14) JD's, and Bain much less so. BCG's problem is with the timeline though - for 2L summer, their recruiting timeline is way too late (Decemberish) to be helpful for a 2L. I think for full-time their timeline makes more sense.
I got the impression that if you're at an acceptable school, it's not hard to get the McK first round interview. However, of course, it is incredibly incredibly hard to go through and make it to an offer, it's 3 rounds and attrition after the 2nd and 3rd round is ridiculous (and you're talking about all ambitious people from t14 schools here, not slouches).
mind pm'ing me too? tyia

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Sun Mar 22, 2015 12:23 pm
by Anonymous User
Anonymous User wrote:
iliketurtles123 wrote:
Anonymous User wrote:
Anonymous User wrote:
A back up plan, when reality hits you hard. Of course you could be independently rich already, then pass OCI by all means.
1. Great use of anon.

2. You mean the hard hard reality of, not making six figures out of law school? Or just missing the biglaw train? I mean I understand theres a low chance I get the above summer employment, but getting quality non-legal internships beyond white shoe finance/consulting isn't exactly difficult coming from law school. I mean with one semester of law school grades, a sub 2.7 in undergrad, and just talking to people, I received a few decent non-legal offers. As long as you get by Taleo(by applying through referrals/direct emailing recruiters), interviews run fine. I don't understand the obsession with biglaw or #lifeisover at my school or on this board.

3. Wouldn't potential BL offers expire anyways if I went through with interviewing for non-legal opps(beyond the ones that directly focus on law school)?
Most banks and consulting shops are on the same timeline as law firm offers for JD students
not really, at HLS at least JD recruiting (EIP) happens much sooner. McK usually offers a few weeks after biglaw earliest and the BBs only come on campus separately and later (but OCS claims that offers are made before biglaw offers explode).
I'm above anon. You may be right that the timelines aren't 100% aligned, but from experience it really isn't an issue at all since BigLaw offers are very flexible on deadlines if you ask to extend.

Re: Which ibanks/consulting shops recruit JD's from top schools?

Posted: Tue Mar 24, 2015 12:53 pm
by lhanvt13
Anonymous User wrote:Hi there,

I had offers at multiple of the places you mentioned.

Some thoughts:

1) If you're not in the T14, you're almost definitely SOL. I'm assuming you're transferring after 1L, and trying to get into the T14 (and preferably T6).

2) Goldman for sure also recruits along with CS, but I think only at T6 judging from what I saw.

3) Re: consulting - McK and BCG are very open to (T-14) JD's, and Bain much less so. BCG's problem is with the timeline though - for 2L summer, their recruiting timeline is way too late (Decemberish) to be helpful for a 2L. I think for full-time their timeline makes more sense.
I got the impression that if you're at an acceptable school, it's not hard to get the McK first round interview. However, of course, it is incredibly incredibly hard to go through and make it to an offer, it's 3 rounds and attrition after the 2nd and 3rd round is ridiculous (and you're talking about all ambitious people from t14 schools here, not slouches).
Could I get a pm too? Thanks!