Go to B-school to move from Lawyer --> IB?
Looking for some thoughts on this one.
I'm a current lawyer, 6 years out of school, working at a biglaw firm in litigation. The money is good enough (market paying so 300k+), but I'm not sure about future prospects here (partnership is possible but not likely). I'm also not sure I can work in this industry for the rest of my life... it can get pretty boring and monotonous.
I've considered IB or consulting as alternate career paths for a while. Was decent at finance/math in undergrad but went for the law degree instead. I'm already in at two top-15 bschools that should at least give me the opportunity to make the transition.
So the question is, am I crazy for considering giving up my current job for an entry level finance position? My goal would be to end eventually in a role that pays similarly or higher. The risk of staying is that I'm pretty specialized so if I get fired there's not a huge market for my services elsewhere. But I'm also concerned that I'm overselling the idea of IB to myself and I'll be miserable there/won't ever reach the same income level.
I would go M&A restructuring over IB, please note this is coming from someone w/ relatively no real world exposure to either field, but I believe that route would be more applicable to your skillset
Just curious, why M&A restructuring? I don't have any particular experience with M&A. My work is more focused on general litigation.
Can't speak to making the switch (no experience in either field), but have you looked into activism defense? Seems like a good opportunity to apply your law background to the M&A process, albeit not very modeling-intensive from what I've read.
Voluptatem laborum eveniet repellat est non quam molestias. Quisquam aut esse sit ut tempore. Vel eum distinctio et. Ipsam omnis ut culpa.
Sequi deserunt possimus quia quo ducimus velit. Nulla amet quasi illo fuga voluptates ipsum aut. Ut eaque repellendus ea distinctio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...