All Things Advisory

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.

If you're interested in Change Management, you might be able to get in based on your interpersonal skills, interviewing experience etc. Change Readiness Assessments (inc. stakeholder assessments) are built almost entirely from qualitative interviewing / surveys against proprietary frameworks. Scope of Change follows, and after that tends to fall the strategy (communication, training, pulse checks, governance, decision making recommendations etc.).

On the other hand you can pretty much write off Financial Strategy I would think.

For Deals M&A, or Trustee positions would be options. Hope this adds to my previous post - and good luck.

Once again, thanks TT. Very informative post.