Is JD-MBA really better? Forum

[jrwhitedog]

It sounds really powerful, but is it really worth the money and time?

[General Tso]

most people on TLS say no.

I don't think an MBA is useful at all unless you already have a career with a large company, and they are footing the bill for your tuition. Anything other than a top 10 or so MBA is not going to get you very far unless you already have a preexisting career.

[reasonable_man]

It sounds really powerful, but is it really worth the money and time?

I think it sounds like a douche with a side of fries, but that's just me.

[jrwhitedog]

Would it help if you become a in house counsel after several years of biglaw practice?

[General Tso]

Would it help if you become a in house counsel after several years of biglaw practice?

Get the JD, get biglaw experience, get an in-house job, and THEN decide if an MBA either (a) is encouraged by your employer [ie they will PAY FOR IT] or (b) it would lead to some kind of promotion or other tangible benefit that your JD alone won't provide.

As it currently stands, you are ladeling calculation upon conjecture.

[r6_philly]

Generally what's required to get an in-house counsel position?

[miobrien]

Generally what's required to get an in-house counsel position?

JD + work experience + luck

[bk1]

It sounds really powerful

What is it, a power up in a video game?

[jrwhitedog]

Maybe I should change that word to "blusterous"?

[reasonable_man]

It sounds really powerful

What is it, a power up in a video game?

JD:





JD/MBA:

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Clearly, if you intend to rescue princess toadstool, you had better go for the JD/MBA power-up.

[bdubs]

It sounds really powerful, but is it really worth the money and time?

Do you have a significant amount of work experience?

If you are a candidate for a top program there are advantages, but you really have to be competitive for both schools. I would say the ones that could be, depending on personal circumstances, worth the time and money are Northwestern, UPenn, Stanford, and Harvard.

[r6_philly]

Generally what's required to get an in-house counsel position?

JD + work experience + luck

So do you have to practice in a firm first? If one wants to look for such a position, one would have to look/apply on his own right?

[the_kidult]

I know two 3Ls at UCLA pursuing JD/MBAs. Both have ibanking jobs secured, but had good work experience before entering law/business school.

Their general rule was that a JD is valuable for a career in business, but an MBA isn't special for a career in law.

[bdubs]

I know two 3Ls at UCLA pursuing JD/MBAs. Both have ibanking jobs secured, but had good work experience before entering law/business school.

Their general rule was that a JD is valuable for a career in business, but an MBA isn't special for a career in law.

I think you have that backwards.

[reasonable_man]

I know two 3Ls at UCLA pursuing JD/MBAs. Both have ibanking jobs secured, but had good work experience before entering law/business school.

Their general rule was that a JD is valuable for a career in business, but an MBA isn't special for a career in law.

Thank you for providing us with this general rule. Now when you find some place where this rule applies (perhaps a place where unicorns are the primary method of transportation), please let us know.

[Patriot1208]

I met an alumni of my school who did JD/MBA (both programs in the top twenty) and he seemed to think it was really valuable. He is currently a 3rd year biglaw associate in Chicago and doing corporate transactional stuff, some M&A too I think. He said he certainly thinks having corporate WE and/or MBA definitely helps in that type of work and he said he wouldn't suggest anyone going straight through. But a lot of people will be doing things that don't make Ibanking useful and you can use ibanking experience to help out without needing an MBA.

[the_kidult]

I know two 3Ls at UCLA pursuing JD/MBAs. Both have ibanking jobs secured, but had good work experience before entering law/business school.

Their general rule was that a JD is valuable for a career in business, but an MBA isn't special for a career in law.

Thank you for providing us with this general rule. Now when you find some place where this rule applies (perhaps a place where unicorns are the primary method of transportation), please let us know.

Like I said in my first post, their general rule, not mine. I know (and care) little about the benefits of a JD/MBA. I was just providing insight from people who are actually pursuing the JD/MBA. You're being awfully... unreasonable.

[AreJay711]

I know two 3Ls at UCLA pursuing JD/MBAs. Both have ibanking jobs secured, but had good work experience before entering law/business school.

Their general rule was that a JD is valuable for a career in business, but an MBA isn't special for a career in law.

I think you have that backwards.

lol

[chadwick218]

If you are already pursuing a JD, an MBA is really only useful if received from a half a dozen schools or so.

[nphsbuckeye]

If you are already pursuing a JD, an MBA is really only useful if received from a half a dozen schools or so.

In which case that won't help, but after law school...

[Noval]

Generally what's required to get an in-house counsel position?

JD + work experience + luck

So do you have to practice in a firm first? If one wants to look for such a position, one would have to look/apply on his own right?

Be careful when going in-house, there's almost no turning back.

Pros: Balanced salary/benefits, very nice working hours.

Cons:
After you get that in-house job, you face a salary cut, company bankrupt(If they decide to close the Legal Department or lay off people with a "last in first out" mentallity, you're screwed.) and almost no chances to join a Law firm again in your career (Firms HATE people who go in-house and come back).

[r6_philly]

Be careful when going in-house, there's almost no turning back.

Pros: Balanced salary/benefits, very nice working hours.

Cons:
After you get that in-house job, you face a salary cut, company bankrupt(If they decide to close the Legal Department or lay off people with a "last in first out" mentallity, you're screwed.) and almost no chances to join a Law firm again in your career (Firms HATE people who go in-house and come back).

Thanks, I will have to investigate more once in school. I am fairly tired of working for other people anyway, so my situation is unique I suppose. I'd give up some money just to have a better time. But maybe practice for a time then solo/consult is still the way to go. I could always get back to the public sector and consult too. Really appreciate the info you have given on the forum.

[Noval]

Be careful when going in-house, there's almost no turning back.

Pros: Balanced salary/benefits, very nice working hours.

Cons:
After you get that in-house job, you face a salary cut, company bankrupt(If they decide to close the Legal Department or lay off people with a "last in first out" mentallity, you're screwed.) and almost no chances to join a Law firm again in your career (Firms HATE people who go in-house and come back).

Thanks, I will have to investigate more once in school. I am fairly tired of working for other people anyway, so my situation is unique I suppose. I'd give up some money just to have a better time. But maybe practice for a time then solo/consult is still the way to go. I could always get back to the public sector and consult too. Really appreciate the info you have given on the forum.

You're welcome, PM me if you need more informations.

[JurisDoctorate]

JD:

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JD/MBA:

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JD/PhD:

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However, I'd like to think of it more as:

[jrwhitedog]

Hmm, thank you for answering so vividly. So u r saying JD/Phd is the best?