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Any lawyers getting an MBA?


Posted Nov 27, 2006 23:25

Hello,

I'm a jr. associate in a firm in NYC that regularly "feeds" associates into all the big I-banks, e.g., GS, MS, ML, etc, and I've already started receiving opportunities from these clients for positions in their firms to be an associate focusing on M&A and LBO deals. I asked them whether it would be beneficial to get an MBA first, and they said it'd be up to me. It would make life easier (and some even suggested that their firm might pay for it), but they assured me that I would learn almost everything I needed to know at their firm. Other than what I've learned at my law firm, I have no other business background. What do you guys think?
Hello,

I'm a jr. associate in a firm in NYC that regularly "feeds" associates into all the big I-banks, e.g., GS, MS, ML, etc, and I've already started receiving opportunities from these clients for positions in their firms to be an associate focusing on M&A and LBO deals. I asked them whether it would be beneficial to get an MBA first, and they said it'd be up to me. It would make life easier (and some even suggested that their firm might pay for it), but they assured me that I would learn almost everything I needed to know at their firm. Other than what I've learned at my law firm, I have no other business background. What do you guys think?
quote

Posted Nov 27, 2006 23:49

Reply, don't lurk :)
Reply, don't lurk :)
quote

Posted Nov 28, 2006 00:14

I am a lawyer and I have a (UK) LLM already. I have thought of doing an MBA but I decided not to. If you have the chance to start working for GS, MS, or ML -- why spend 60k for an MBA? You can still think about that after some years of working experience. Most people doing an MBA at the top B-schools do have substantial work experience and most MBA programs are tailored for people with work experience: Without work experience in business (not law) it will be difficult to choose the right specializations.
If the firms pay for your MBA that would be a different situation, not only because you save your money, but also because they will offer you something after the MBA.
I am a lawyer and I have a (UK) LLM already. I have thought of doing an MBA but I decided not to. If you have the chance to start working for GS, MS, or ML -- why spend 60k for an MBA? You can still think about that after some years of working experience. Most people doing an MBA at the top B-schools do have substantial work experience and most MBA programs are tailored for people with work experience: Without work experience in business (not law) it will be difficult to choose the right specializations.
If the firms pay for your MBA that would be a different situation, not only because you save your money, but also because they will offer you something after the MBA.
quote

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