7 Comments
 

There are a few bankers in my group who practiced law prior to banking. They’ve said that there is some benefit around reviewing NDAs when managing a sell-side process or having discussions around representations and warranties, but ultimately, most firms will always error on the side of caution in utilizing internal or external counsel, regardless of a banker’s degree or past experience.

 
 
Most Helpful

JD / MBA in finance here.

Working at a MM boutique. Never practiced law full time. Went straight into IB.

No doubt that it helped me get into the industry.

The legal education helped me get up to speed quickly with: - Analyzing and issue spotting various points in business models and growth plans. - Reading / writing intelligently and concise. - Interacting with business owners and understanding what keeps them up at night. - Negotiating purchase agreements (reps / warranties, indemnifications, etc.).

Agree with the above - All firms will defer to their in-house or outsourced attorneys. I am never considered the attorney on a deal. The education generally helps in IB though.

 

Eum maxime modi omnis eius. Architecto eligendi omnis nobis quo. Eligendi at recusandae non fugit facilis corporis nulla.

Quis doloribus rem soluta cupiditate nam blanditiis deleniti numquam. Quibusdam vel et ab commodi illo. Sunt qui consequatur quibusdam pariatur. Similique nobis quaerat explicabo beatae. Est voluptatem velit voluptas. Incidunt magnam nam facilis totam hic.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”