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Law School --> Business?

Posted: Sun Jul 19, 2015 2:31 pm
by CoolerThanCooley
Background: I graduated in 2014 with a degree in anthropology (~3.8 GPA) from a decent public university. Since then, I've landed a cushy government job (low-level data analyst position); the job offers great security and solid benefits--and given my weak background and level of experience, I'm honestly pretty fortunate to have it.

Now here's the issue: I have a very strong interest in business, and I want to have a long-term career in the private sector. Deep down, I know that's where I belong and that's where I would thrive. My dream would be to eventually move up the corporate ladder or to start my own successful business venture and to become a CEO/CFO. Unfortunately, I don't have an academic background in business (or STEM) and I have no personal or professional connections in the corporate world.

Given my background, I don't think I can make the switch into business without a graduate education. And I can't get the corporate work experience needed to get an MBA from a selective, prestigious program. I've heard that some people who finish law school (and focus on corporate law coursework) are able to make the switch into corporate work. I know it's a three-year, $200K+ investment.... but I also know, given my timed practice test performance, that I can perform very well on the LSAT (170+.)

Do you guys think it's a good idea to go to a T14 law school in order to get a job in the (non-legal) corporate world? If not, what other options do I have?

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 2:34 pm
by CanadianWolf
Consider enrolling in a part-time MBA program while continuing to work at your current position.

Otherwise, take the LSAT and/or GMAT to determine realistic options if you choose to study full-time.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 2:35 pm
by thesealocust
A law degree is a terrible choice if your goal isn't to be a lawyer.

While it is true that people with law degrees often go on to do other things, that doesn't make it a good choice if you never intend to practice law (or at least seek a job for which a JD is all but necessary). The waste of time, the debt, and the lost income all but scream find another path - no matter how well you can put together an application.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 2:40 pm
by Mack.Hambleton
Don't go

Are you sure your WE would exclude you from good MBA programs? I'm pretty sure it wouldn't

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 2:46 pm
by CoolerThanCooley
Mack.Hambleton wrote:Don't go

Are you sure your WE would exclude you from good MBA programs? I'm pretty sure it wouldn't
From what I hear, MBA admissions committees at competitive business schools look for work experience in the private sector. :cry:

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 2:50 pm
by hoos89
Why not at least see what you can swing on the GMAT and go from there? While your w/e might not help as much as some other options, I doubt it will exclude you from every good business school.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 3:03 pm
by DJ JD
From what I know, the people who've managed to make the switch to a business role after doing corporate law are those who've done it before going to law school (i.e. CPA at Big 4, analyst for a bank, etc.). And even then, those that I know made the switch have expressed the difficulty of options in returning back to the business side once you've been on the legal one.

My advice is, if you want to do business, do business. Like someone else suggested, go ahead and study for and take the GMAT.

Also, if you have no personal and professional connections to the corporate world, CHANGE THAT. Talk to people who do what you want to do. Networking isn't just something you do in the legal profession. They're out there. Believe me, you know someone that knows someone. Hit the pavement and get better insight into how to make the transition you want.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 5:09 pm
by CoolerThanCooley
DJ JD wrote:From what I know, the people who've managed to make the switch to a business role after doing corporate law are those who've done it before going to law school (i.e. CPA at Big 4, analyst for a bank, etc.). And even then, those that I know made the switch have expressed the difficulty of options in returning back to the business side once you've been on the legal one.

My advice is, if you want to do business, do business. Like someone else suggested, go ahead and study for and take the GMAT.

Also, if you have no personal and professional connections to the corporate world, CHANGE THAT. Talk to people who do what you want to do. Networking isn't just something you do in the legal profession. They're out there. Believe me, you know someone that knows someone. Hit the pavement and get better insight into how to make the transition you want.
That makes sense. Thanks for the great advice, DJ JD!

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 6:52 pm
by iamgeorgebush
Don't go to law school unless you want to become a lawyer. Some people transition from law to business, but from what I hear, it is not easy.

Business school definitely sounds like the better choice for you, and I would not rule you out of a good MBA program so easily. Top MBA programs do accept people who worked at nonprofits and government. Indeed, 9% of HBS comes from gov't/nonprofit/education. See http://www.hbs.edu/mba/admissions/class ... fault.aspx. And unlike law schools, there are good b-schools outside the top tier. See http://poetsandquants.com/2013/12/06/be ... acement/4/. There are almost 30 b-schools where graduates have >90% employment and a median BASE salary of $100k or more (which does not even include signing bonus and year-end bonus---once you take those into account, they earn even more).

Head over to GMAT Club (the b-school version of TLS). Those people will be more knowledgeable about MBA admissions.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 8:16 pm
by omegaweapon
iamgeorgebush wrote:Don't go to law school unless you want to become a lawyer. Some people transition from law to business, but from what I hear, it is not easy.

Business school definitely sounds like the better choice for you, and I would not rule you out of a good MBA program so easily. Top MBA programs do accept people who worked at nonprofits and government. Indeed, 9% of HBS comes from gov't/nonprofit/education. See http://www.hbs.edu/mba/admissions/class ... fault.aspx. And unlike law schools, there are good b-schools outside the top tier. See http://poetsandquants.com/2013/12/06/be ... acement/4/. There are almost 30 b-schools where graduates have >90% employment and a median BASE salary of $100k or more (which does not even include signing bonus and year-end bonus---once you take those into account, they earn even more).

Head over to GMAT Club (the b-school version of TLS). Those people will be more knowledgeable about MBA admissions.
I feel like the metrics of lower ranked business schools are skewed due to the people who already have jobs and are paid by their employers to get MBAs.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 8:18 pm
by iamgeorgebush
omegaweapon wrote:
iamgeorgebush wrote:Don't go to law school unless you want to become a lawyer. Some people transition from law to business, but from what I hear, it is not easy.

Business school definitely sounds like the better choice for you, and I would not rule you out of a good MBA program so easily. Top MBA programs do accept people who worked at nonprofits and government. Indeed, 9% of HBS comes from gov't/nonprofit/education. See http://www.hbs.edu/mba/admissions/class ... fault.aspx. And unlike law schools, there are good b-schools outside the top tier. See http://poetsandquants.com/2013/12/06/be ... acement/4/. There are almost 30 b-schools where graduates have >90% employment and a median BASE salary of $100k or more (which does not even include signing bonus and year-end bonus---once you take those into account, they earn even more).

Head over to GMAT Club (the b-school version of TLS). Those people will be more knowledgeable about MBA admissions.
I feel like the metrics of lower ranked business schools are skewed due to the people who already have jobs and are paid by their employers to get MBAs.
That might be true. I do not claim to be knowledgeable about b-school stuff.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 9:11 pm
by Hornet2011
As a former graduate student at Dartmouth with many friends and close ties to Tuck as well as numerous other friends who have went to Top 10 business schools, this whole "private sector experience is necessary" line is wholly untrue. Is it generally beneficial to have private sector experience? Yes as B School Adcomms can most easily relate and quantify / qualify that experience into the class.

However, the most concerning element of your post is not the government experience (had a friend at Tuck who just had gov't experience) is that you say you have a "cushy, low level data entry job". Now also you just graduated a year ago, so give yourself some slack. You should however be looking to get a promotion in the next year or so, as B Schools want demonstrated leadership experience and a strong career progression / trajectory. You don't have to be into I Banking or McKinsey consulting to get into a top business school, another buddy of mine is going to U of Chi with two year working at a non-prestigious non profit and two years in two roles at a boutique (but again, not particularly prestigious) marketing consulting firm (I never did ask, but this guy also had a 3.9+ GPA from UG and I am sure got a 760ish GMAT) . What you need is work experience, demonstrable career progression, leadership potential, and a bomb GMAT (720+ seem to be the magic-isn number these days).

Again PM me with more questions.

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 9:17 pm
by Mack.Hambleton
^this was my understanding as well, non profit, govnt etc should be fine (as long as you wait long enough)

Re: Law School --> Business?

Posted: Sun Jul 19, 2015 10:02 pm
by CoolerThanCooley
Thanks for all of the help, guys! I'm going to take this advice and figure out my next steps.