All Things Advisory
I've seen plenty of threads about xx firm advisory vs. other opportunity, but nothing dedicated specifically to advisory roles at professional services firms. I also know there has been endless debate about which firm is worth a crap, which ones suck, etc. - valid discussions, but not what I'm looking for here.
Would love to hear about all things advisory Big 4, Grant Thornton, McGladrey, etc: *how you came into the role *industries worked in (would especially love to hear about energy related work) *travel, work/life balance *likes? dislikes? *if you've moved on, what you're doing now *any other thoughts, advice, etc. you'd like to share
About myself: 3 years out of law school, pretty much done being a lawyer, looking to get into consulting (realistically, I know MBB aint happening). Think my legal background gives me a similar skill set as that required in consulting - though feel free to rip that statement apart...
Thanks in advance to all.
Was law school a terrible idea?
Pretty damn bad...
Have you tried looking at the company research tab and the different reviews they have on the companies you've listed? I've done that and there are a few that describe exactly what you're looking for thinks like IT, transaction services, management, and other types of consulting.
P.S. were you able to get some scholarships for law?
Are you referring to risk management/consulting? i.e internal controls, security/privacy, technology audits?
All of the above. I know 'advisory' at these firms ecompasses a vast array of work; would love to learn more about the different areas/industries/etc.
I can speak to the more "risk and controls" aspects. In a general sense (like very general) in risk advisory for Deloitte at least, you'll be doing mostly controls testing. like systems and business processes. while many people dont know this, they do engage in some strategy work above just testings. i have friends who work in Deloitte's advisory practice who meet with company's head of information security to plan out new systems and give advice on how to better mitigate any found risks
Thanks for all of your responses. I figured risk & controls would be my best fit with my background, though not necessarily my first choice. Change management would be interesting, but all job postings I look at want some sort of HR experience - something I definitely dont have. Will also look more into 'deals' advisory; I did a lot of M&A work in law school/interships.
A few more questions for you guys/gals: *How easy is it to move around within advisory - i.e. starting in risk & controls and moving to strategy, etc.? *Is there a fair amount of travel involved? International? *Anyone have any experience working with the energy industry?
Again, thanks to all for yall's informative responses.
Remember that it depends on the firm. Kingjuice mentioned "Deloitte Advisory", which falls under Deloitte and Touche, which is the audit branch of the company. As he said, your work there will be mostly controls testing and other not so thrilling stuff (unless that's your thing, of course).
Deloitte also has Deloitte Consulting, which is more of their pure consulting (S&O, Human Capital stuff, Tech implementations). At the other B ig 4 firms, it all kind of falls under one branch (Advisory), but at Deloitte they are very different, and very difficult to move between. Just something to be careful with.
I can tell you plenty about Deloitte and another equivalent firm (non-Big 4). Feel free to send me a PM
Thanks BGP - pm headed your way.
Once again, thanks TT. Very informative post.
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