MBA? Current big law
Worth grttting into ib 3rd year big law associate worth getting mba and pivoting to ib
Worth grttting into ib 3rd year big law associate worth getting mba and pivoting to ib
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Career Resources
Based on the most helpful WSO content, pursuing an MBA as a 3rd-year Big Law associate can be a strategic move if you're aiming to pivot into investment banking (IB). Here’s why it might be worth considering:
Skill Gap Bridging: While your legal experience provides valuable skills like execution ability, risk assessment, and client interaction, an MBA can help you build the technical finance knowledge and methodologies that are crucial in IB.
Networking Opportunities: MBA programs, especially top-tier ones, offer unparalleled networking opportunities. You'll connect with classmates, alumni, and professors who have strong ties to the finance world, which can be instrumental in breaking into IB.
Recruitment Advantage: Many MBA programs have structured recruiting processes for IB roles, making it easier to transition. Additionally, your Big Law experience combined with an MBA can make you a competitive candidate, as you'll bring a unique perspective to the table.
Potential to Skip Steps: With an MBA, you might be able to enter IB at the Associate level directly, bypassing the Analyst stage. This is particularly appealing given your existing professional experience.
Exit Opportunities: An MBA not only facilitates a move into IB but also opens doors to other high-paying roles with better work-life balance, such as private equity, corporate strategy, or tech product management.
Key Considerations:
In summary, an MBA can be a worthwhile investment for a Big Law associate looking to pivot into IB, especially if you target top programs and leverage the networking and recruiting opportunities they provide.
Sources: Big Law (M&A) to IBD Associate, Banking to Law?, Struggling between applying to t14 law schools and t15 mBA Programs, Post MBA-Associate Roles: As bad as People Say?
Can’t you pivot directly?
why would you do that
with AI law is a safer career than finance
Lmao. One of the dumbest things I’ve ever read on this site
are you sure you're not the dumb one?
"wOoOoAh AI will replace lawyers" meanwhile law firms are posting record revenues and PPP... lmao... good luck walking into court with AI because can't wait to see another retard get fucked by their overconfidence in AI.
But I mean, how would you know all of this if you never stepped inside a law firm... you're just an ignorant kid without any critical thinking echoing what you hear other retards say... sheep behavior... you should start reading and form your own views... stimulate your mind a bit... which I see is not doing great...
Not reading all that but congrats on big law dude, ur 8th year associate comp was my AS1 comp at my EB lmao
Agree with this.
The last two deals I have papered up, the commercial terms are so obtuse and difficult to follow that I needed to call the law firm post-execution to understand the commercial terms I supposedly contrived.
bumping
Not worth an MBA, you can just pivot directly. Have a bunch of ex big law associates on my team.
Usually 3-5 YOE in law will come in as an Asso1/Asso2 in IB
Could I ask what kind of bank you're in? bb / eb? coverage? product? etc
There is a zero chance any lawyer is coming in an associate without an MBA, lol. You know zero about finance or running a sell side process from a bankers seat. Iterating on our NDAs don’t make you credible to skip 2-3 analyst years buddy lol keep copeing
If that's true why are there countless examples to contradict you directly, all in the last 10 years?
This is highly inaccurate, plenty of M&A lawyers have lateraled across. Excel is not rocket science. Further, an MBA doesn’t make you a better banker than someone without one.
Seen a couple of juniors and MDs alike in my bank starting out as lawyers and pivoting without an MBA.
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