JEW SCHOOL?!?!?!?!?!

kizzmybutt
kizzmybutt

Is law school worth it if I go to a top 14 school with a full ride? Or should I just continue pursuing a career in IB?

I feel IB salaries aren't what they used to be. I don't hear about anyone making 6 figures in their first year anymore. Big banks know they don't have to pay kids a lot (even if they could -- banks are having a tough time regardless of what their quarterlies say), and botiques rarely paid 6 figures to begin with.

I'm thinking about memeing the system and becoming an M&A lawyer. That way I work less and get paid by the hour, rather than being a slave for 100hr/week for a fixed salary and unknown bonus.

PackManBrainlure
PackManBrainlure

Trump is dismantling Dodd Frank and deregulating the industry. Staying on the IB path may be worth while to ride the new wave of growth.

Emberfire
Emberfire

m&a lawyer
not working 100+ hours a week on weeks when deals are on the table

Pick one.

Also, what'd you make on the LSAT and how many people do you actually know in the investment banking business? Those two answers should dictate what direction you take.

SniperWish
SniperWish

Law school is only worth it if you have family in already in law.

Otherwise, you're going to be working your ass off for peanuts as you pay off your massive debt as you watch the boss at every firm you're in bring in his fresh out of school son on as a partner.

TechHater
TechHater

Work in corporate finance. Cushy as hell, high wage growth, and everyone outside the business community will assume you work in IB anyway. Finance is all the same to women. First year out of college I earned $66k and put $25k in the market. Only worked 35 hours most weeks.

Honest recc to anyone in college is to search for FLDP positions on Google and then spam LinkedIn to get the position.

PurpleCharger
PurpleCharger

Law and banking firms sound like institutionalising cuckery to me, why don't you do something that that contributes positively to society or at least something interesting?

Lunatick
Lunatick

LSAT: 167
People I know in IB: maybe 5 important people, plus 20+ analysts

I feel like each metric is really average. My LSAT is just the bare minimum I need to get into many of the lower-half of the T14. Like I said, I would be doing a full-ride T14 program, so debt's no issue.

happy_sad
happy_sad

That's a laughable LSAT score. You won't be on full-scholarship to a T14 with that. Go for IB, seems like you have better prospects with that lane. Best of luck man!

iluvmen
iluvmen

laughable

It's the median LSAT of Georgetown, and just under the median of the most of the other T14. And I have a GPA that's at median or above the 75th for most of the T14. I also have a middle-eastern background that I cannot wait to exploit for "muh diversity" sympathy.

Do you go on LSN? You'd see a lot of kids with my stats and much worse getting full rides to the lower T14. I sure as shit ain't trying for Harvard with this score hombre.

hairygrape
hairygrape

your middle-eastern background doesn't mean jack shit
you're not a URM. the LSN people getting full rides off of sub-170s are AA, NA, MA

also, M&A lawyers don't get paid by the hour lolll

Playboyize
Playboyize

*Georgetown, Cornell, and above UC Berkeley

Also, not trying to defend it as a good score. It's functional.

Snarelure
Snarelure

I attended Harvard Law. Graduated in 2014. Out of the people I went to law school with, you would have the lowest score. I don't care what your GPA is, undergrad is a fucking joke anyways.

Also, your "middle-eastern background" will hurt you more than help you. T14 programs don't give a good goddamn about diversity quotas.

You may get into the Georgetown or Cornell program with a decent scholarship but not top of the list. By the way, do you look middle-eastern? (like dark thick hair, darker brown skin, noticeable middle-eastern facial features?) If so, that may severely hurt what you can do and where you can go within investment banking unless you plan to work with clients from the middle east.

Burnblaze
Burnblaze

Background can make a small, small impact. Don't think I'm ignorant of the fact that if I was a bean or a nog I'd be in at HYS. Funnily enough, I have a name that could totally pass as a half bean's. But lying about shit like that catches up to you real quick.

Also, pls tell me more about M&A law if you do know how pay structure works. Legit curious.

Flameblow
Flameblow

cosigned, with the caveat that t14s do care about diversity if it's the right kind of diversity
4/167 gets you fully somewhere in t14 if you're black, but middle eastern no chance.
not trying to start a riot here, it's just the truth

SniperGod
SniperGod

I don't look like middle-eastern at all. Most people assume I'm white. My name, however, is pretty Araby. Probably why I've only worked in banks with practically no Jews.

Like I said, don't want Harvard. Not with this score. How would the middle-eastern thing hurt though? Jewy admissions boards?

SniperWish
SniperWish

pay structure is super easy just google big law lockstep
1st years are 180k and 15k bonus rn (cravath scale)
some firms tie bonus to hrs, but most don't, or they'll require you to hit a minimum you'll easily hit in nyc biglaw

WebTool
WebTool

M&A lawyers (at the associate level) make about $500 per billing hour in more reputable firms. Senior partners make around $800 per billing hour, similia omnia.

StonedTime
StonedTime

Jewy admissions boards
If you want to be someone in finance or law then you should start minding your anti-semantic remarks. Saying some shit like this even once in front of the wrong person could fuck you out of countless opportunities later in life.

How would the middle-eastern thing hurt though?
Go look at the 30 under 30 for finance (2017) and tell me if you see any Aladdin looking men in this years catalogue.

I'm not trying to shit on your dreams but you need to learn a few things before applying for jobs either in investment banking or after law school.

DeathDog
DeathDog

Luckily, I'm not brown. If you saw me, you'd see a whitey through and through. Brown hair, green eyes, near pasty white. I sure am a sight.

Funnily enough, the only two Arab bank lawyers I've spoken to both had American sounding names and looked fairly white. Leave it to my dumbass to not notice until now.

Ty user. Will change my name.

eGremlin
eGremlin

Don't take what I said about Georgetown or Cornell to heart. We both know Harvard law is better but if you can go to Cornell on with a full-scholarship then do so and do your best to network while you're there (both with current students and alumni).

If you decide on investment banking then don't wear any fucking suspenders while you're an analyst or associate. Do everything you're asked to do and when your boss asks, "user can you do this too?" then answer truthfully even if that means saying "no sir, I'm swamped at the moment." People like you to be yourself and be truthful (most of the time) as long as those two things lead to you being charismatic, confident, and calculated.

Best of luck man.

GoogleCat
GoogleCat

Ty amigo. Your background is intriguing. Law grad, but you know a lot about IB inner-workings. Can you give me a quick rundown on yourself?

Ignoramus
Ignoramus

honestly from the way he talks he sounds like a finance guy not a law guy
i know he said he went to hls but still

Illusionz
Illusionz

Well I'd be a finance guy who went to law school. About 10% of law students did some form of finance or accounting. Not stunned, but still curious.

Raving_Cute
Raving_Cute

yea idk
not adding up for me
maybe he really is a lawyer & former hls grad, in which case i'll stfu
but he's said a shitload of things itt that don't sound like they come from a lawyer
sounds like they come from someone in finance w familiarity w law but no experience

Lunatick
Lunatick

Sure. Worked in DCM at JPM after finishing undergrad at Columbia. Was very interesting and fulfilling work however I felt myself burning out by my fourth year. The workload was not impossible but it's appropriate to state that you will earn your paycheck. I was always interesting in the legal side of what we did and liked the lot of our legal staff at JPM so I sat for the LSAT. My GPA and LSAT going into law school were 3.8 and 177, respectively. As you might guess I had a penchant for securities law and the rest is history.
If you'd like to know anything else then feel free to ask. There are no stupid questions and all of that.

Crazy_Nice
Crazy_Nice

Nice.

How are you finding legal work vs banking? It's weird for me to think about forgetting everything I know about IB culture.

Lord_Tryzalot
Lord_Tryzalot

Did I say I no longer work in investment banking? Plenty of securities lawyers get hired by investment banks for various reasons (a large one being that they previously worked at said bank).

Evil_kitten
Evil_kitten

this was an entertaining performance thanks

fake law guy giving law advice

encore encore

viagrandad
viagrandad

LSAT of only 167

kys

cum2soon
cum2soon

Yeah man, you got me. Congrats.

iluvmen
iluvmen

lol dude you can't blame me for being skeptical
your finance advice sounds credible but what you've said about the law side has been marginal at best

idontknow
idontknow

I work in legal consultation for credit derivative products at an investment bank. The advice I give here isn't going to be traditional because I did not take a traditional path in life and do not currently do traditional "law work."

Poker_Star
Poker_Star

Being a lawyer at a bank is different than working as an analyst at said bank. You should know that.

Playboyize
Playboyize

I don't represent the firm in any court of law. Learn to read:

Techpill
Techpill

I never said you did. Take your own advice.

Is your office with the bankers?

PackManBrainlure
PackManBrainlure

To somewhat answer this question though, the work I do now is less stressful. It's more meetings and explaining rather large packets of prospectus documents to management. I work closely with the guys on the credit derivatives desk and the risk mgmt cats. I don't regularly come into contact with anyone at the firm below the MDs so that's a nice aspect. The culture is very much still there, if you're wondering.

Sharpcharm
Sharpcharm

Neato.

Chicago I assume? There was some other weeb who said he did credit derivatives there at JP a few months back.

Snarelure
Snarelure

fair enough

in any event, op:
i will ignore your anti-semitism and general obliviousness and will do you a solid

go to top-law-schools.com
spend one week lurking: lsat prep, admissions, choosing, chances, ask a law student/graduate, law school faq, and legal employment
then after a week (lurk at least a week before posting) if your question isn't answered, post it on the ask a law student/graduate board

i'm not on tls anymore but it certainly changed my life
you need to educate yourself, and Veeky Forums isn't the place to do it

SniperWish
SniperWish

I told you the firm and department I work in, I obviously can't tell you which city I work in.
I wouldn't doubt that some kids from the credit derivatives desk browse Veeky Forums, they're all a special mix of nerdy and charismatic douchebag. If one of them is reading this and he ever posts his name or any information about the firm then I promise I'll have Jamie plant his head on a goddamn stake in the front lobby right by reception so everyone who walks in can see it, laugh, and take a few fucking swings at his ugly mug.

VisualMaster
VisualMaster

I'm taking sec reg in law school right now. Any advice on learning this shit?

eGremlin
eGremlin

Tangentially, anyone know if going to law school as a CPA is worth it? I want to do tax law and estate planning.

RavySnake
RavySnake

Biz fag seriously thinking about going to Law here as well

Thing is, lawyers make more dough than finance guys cause muh socialism

CouchChiller
CouchChiller

Get into a good school or don't go. Then realize that it's three years of your life.

whereismyname
whereismyname

You are such a blowhard faggot.

JunkTop
JunkTop

You're a walking meme buddy

sandnigger

Don't worry we already knew

New_Cliche
New_Cliche

God this board is fucking hopeless

girlDog
girlDog

bamp!

AwesomeTucker
AwesomeTucker

Until the American people rebound from this Republican swing and elect to have a Democratic super majority again, which will then pass even harsher legislation compared to what Dodd-Frank did.

IB is nearing the end of its reign.

Burnblaze
Burnblaze

Because not everybody can become and engineer or a scientist. Hell, most people struggle with differential calculus, imagine if they took a differential equations class. The suicide rate in america would be high as fuck.

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