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.
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