what jobs can you get as a lawyer with an mba

by Elinor Will 4 min read

  • Managing Partner. One career option for individuals with a JD/MBA degree is to ascend the ranks at a law firm to work as a managing partner.
  • Business Law. Business law is a natural field of practice for anyone with a JD/MBA degree. Business lawyers typically handle complex transactional matters involving business mergers, acquisitions and corporate restructuring.
  • Management Consulting. Management consulting is considered one of the major career fields that values individuals with a dual JD/MBA degree.
  • In House Counsel. In-house counsel positions are an obvious choice for anyone with a JD/MBA degree. ...

Here are 15 jobs you can pursue with a dual J.D./MBA degree that provide a high salary and opportunities to use both legal and business knowledge:
  • Auditor. ...
  • Financial analyst. ...
  • Business development manager. ...
  • Business intelligence analyst. ...
  • Attorney. ...
  • Controller. ...
  • Director of finance. ...
  • Risk manager.
•
Jun 3, 2021

Full Answer

Does an MBA help lawyers get corporate jobs?

Jun 03, 2021 · They may get involved in various legal processes for a corporate client including business negotiations, documentation and representation. They ensure contracts are clear and pose no liabilities for a business. Corporate lawyers are also involved in monetary transactions regarding business operations for large companies. 14.

What jobs can you get with an MBA degree?

Answer (1 of 2): Depends on your specialization in MBA.Generally law degree does not help MBA grads from Indian B-Schools. However, you stand a decent chance in consulting.But if you choose to go for finance or Marketing, your law does not give you any advantage.

What is an example of an MBA in business law?

Feb 22, 2021 · Earning an MBA usually provides an opportunity for a higher salary, more responsibility and increased employment opportunities. Jobs you can get with an MBA degree. If you are earning an MBA or interested in pursuing one, consider these common career options for MBA graduates: Accountant. Investment banker. Logistics manager. Operations research analyst

What can you do with a JD/MBA degree?

While an MBA may enhance a lawyer’s chances of getting a corporate job, there’s not a great deal of evidence supporting that idea. However, you definitely have a great deal more flexibility with...

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Is an MBA helpful for lawyers?

In addition to helping a lawyer understand how a business operates, having an MBA carries some other advantages. For example, a lawyer with an MBA is far better suited to participate in, and make meaningful contributions to, a broader range of strategic planning.

What pays more JD or MBA?

According to The Economist, MBA graduates can more than double their salary and enjoy the lowest debt-to-income ratio of all professional degrees. Salary figures vary by geography, experience, and area of practice, but graduates of JD programs can expect a high earning potential.

Can I get a JD after an MBA?

The joint JD/MBA is an accelerated JD and MBA program that allows students to simultaneously pursue a law degree and master's degree in business administration. Students are allowed to count twelve credits from either program to expedite completion of the other.

Who makes more MBA or lawyer?

On the other hand, JDs from the best schools who go into private practice start with median salaries of $160,000–considerably more than most MBAs.Sep 17, 2013

Which is good MBA or law?

If you are really interested in becoming a lawyer or a judge and the different IPCs fascinate you, then go for law course. If you love business administration and can handle business well and are interested in becoming CEO of any company and work for someone, then go for MBA.Oct 14, 2019

Which is better MBA or law degree?

If you've always wanted to be a lawyer, then you should do an LLB. An MBA gives you the tools to do your job better, with higher pay and a competitive edge. An MBA is proof on your CV that you've been well-versed in the business world as a whole.Sep 28, 2016

Can MBA graduate become lawyer?

Yes, you can surely pursue 3 year LLB even after completing your MBA. There are various colleges such as Delhi University, ILS, Pune and Bharati Vidyapeeth Deemed University's New Law College, Pune which offers 3 years course.

Is law and MBA a good combination?

The combination of law and management studies gives an upper hand to candidates and improves and their proficiency in both areas dramatically. An MBA after law is one of the dual degrees that are especially needed in light of the globalising economy in which the demand for both is at its peak.Sep 26, 2020

Can I do MBA and law together?

Hi, Yes, you can pursue a career in law after MBA. But it will be on the basis of your graduation. The eligibility criteria for pursuing LLB is that you have to get a minimum of 50% marks in your ...Oct 1, 2009

Should I get JD MBA?

If you want to practice law, you need a JD. Otherwise, an MBA will impart a broader skill set and most likely open more doors for you. Ultimately, however, it's not just which degree you get—it's how you leverage your experience, contacts, and knowledge.Jul 29, 2015

Should I do a JD MBA?

Having a JD and an MBA also opens up greater job opportunities as you can more easily transition between the business and legal worlds. Your business knowledge and relationships would also make you an attractive hire for law firms and also may help to you better understand and represent any future business clients.Jan 13, 2017

Is the JD MBA dual degree worth it?

“The benefit of the JD-MBA is that you're able to launch your career within a corporate environment with a credential that's well-recognized and highly valued. That is going to give you a level up in terms of higher ability, but it will also yield higher salaries.”Dec 6, 2021

1. Auditor

Primary duties: Auditors monitor and investigate the financial records and processes of a business to ensure the company is working efficiently. Auditors also make sure a company reports all financial information correctly to any governing organizations including state and federal tax agencies.

2. Financial analyst

Primary duties: Financial analysts analyze investments like stocks, bonds and securities to determine their performance and predict possible outcomes in the future. A financial analyst may also recommend certain investments based on their history and projections of future success.

3. Business development manager

Primary duties: It's the responsibility of the business development manager to increase sales and grow company influence and market share by initiating relationships with prospective leads.

4. Business intelligence analyst

Primary duties: A business intelligence analyst scrutinizes data to identify the ways a company can improve their processes in various areas or departments. They also work to develop new ways of collecting and interpreting data.

5. Attorney

Primary duties: Attorneys represent the legal interests of clients in both criminal and civil court cases. Attorneys prepare legal documentation and advise clients on their rights. They also prepare arguments to deliver in court on behalf of a client. Attorneys typically work for a legal firm, though some start their own private practices.

6. Controller

Primary duties: A controller provides insight and strategies for the financial development of a company. They create detailed plans for company resources and investments by analyzing the financial state of a business. A controller may be responsible for preparing budgets and managing company payroll.

7. Director of finance

Primary duties: A director of finance oversees the daily financial operations of a business. They are responsible for training and managing financial staff. They provide reports of financial activities and make predictions about the future of a company's financial plans. They also work with other leaders to establish funds for capitol projects.

How long does it take to get an MBA?

It can help people get jobs in many different fields. It usually takes two years to earn this master's degree after graduating with a bachelor's degree.

What is the job of an accountant?

Primary duties: An accountant, also called a CPA or certified public accountant (if certified), prepares financial records for companies and individuals. They make sure that all financial records are accurate and file tax statements and returns for businesses and people accurately and on time.

What is the job of a financial analyst?

Primary duties: A financial analyst or securities analyst offers advice and guidance on securities and other investments for businesses. They assess how stocks, bonds and similar investments perform. Then, they make predictions about the future performances of those investments and give their clients detailed advice.

What is the primary job of a marketing manager?

Primary duties: A marketing manager plans marketing programs to attract new customers and encourage new purchases from existing customers. Marketing managers also provide demand estimates and find new markets for companies.

Why do lawyers need MBA?

For example, a lawyer with an MBA is far better suited to participate in, and make meaningful contributions to, a broader range of strategic planning.

What is the benefit of having an MBA?

In addition, from the perspective of a lawyer looking for a corporate job, having the MBA also gives access to a much larger alumni network -- an invaluable tool when job-hunting.

Is an MBA higher than a JD?

Starting salaries for lawyers with an MBA are not appreciably higher than those with just the JD.

Can a corporation look at an MBA applicant with a JD?

There’s no evidence suggesting that a corporation will look less favorably on an applicant who has both a JD and an MBA. There is, however, anecdotal evidence that many corporate employers won’t attach much importance to the second degree, either in terms of job offers or starting salary. Starting salaries for lawyers with an MBA are not appreciably higher than those with just the JD.

Is an MBA good for a corporation?

The intuitive answer is yes – the MBA, by giving the candidate a better understanding of how business operates, should make her more attractive to the corporation. In many cases, though, corporations hiring counsel are more concerned with the applicant’s legal skills and will focus instead on the candidate’s law school accomplishments.

Do business schools require time and money?

All will require a significant investment of time and money. In addition, competition for the better business schools is strong, and their admissions committees are said to be reluctant to admit students who appear to be more interested in earning another degree than in committing themselves to that discipline.

Is B school as important as law school?

Practicing attorneys must also keep in mind that B-school grades are as important as law school grades to prospective employers. A too-ambitious course load might have an adverse effect on grades. Students who have not yet started on their law degrees can explore the dual JD/MBA programs offered by many schools.

What does an attorney do for a company?

Attorneys in this field ensure that product and service ads comply with legal prohibitions against defrauding, deceiving or misleading consumers. Lawyers who specialize in advertising law also advise companies about how to make persuasive sales pitches that obey consumer protection laws and regulations. They also have expertise in preventing and managing advertising-related lawsuits.

What is the job of a media lawyer?

A media lawyer might protect a reporter from a subpoena that asks him or her to reveal an anonymous source while entertainment lawyers may negotiate recording contracts. Political lawyer or policy attorney. Law school can prepare graduates for a range of policy careers and political positions.

What is a human rights lawyer?

Human rights or civil rights lawyer. Some lawyers specialize in representing clients with human rights or civil rights cases. Attorneys who represent clients whose rights have been violated by employers or other organizations say this work can be highly stressful but emotionally rewarding. Immigration attorney.

What does an immigration lawyer do?

Immigration lawyers help their clients navigate the many rules of the immigration process. They also occasionally provide legal advice to employers affected by immigration laws. Some immigration lawyers help the government interpret and enforce immigration law. Intellectual property lawyer.

What is an environmental lawyer?

An environmental attorney has legal expertise in interpreting environmental laws and regulations. A lawyer who specializes in environmental law can work for environment-related government agencies, environment nonprofit organizations or companies affected by environmental laws.

What degree do tax lawyers need?

Because tax codes are intricate and often difficult to understand, it is common for tax lawyers to pursue an LL.M. degree in tax law, which supplements the knowledge gained via a J.D. degree. Trial lawyer.

What is the job of a judicial clerk?

Though becoming a judge typically requires extensive and impressive legal work experience, recent law grads may serve as judicial clerks who assist judges by conducting legal research and submitting legal writing. Labor and employment lawyer.

What are the careers that MBA students can do?

A brief overview of six popular MBA careers and industries: consulting, finance, marketing, operations, healthcare, and human resources. Most prospective MBA students are looking to business school to make some sort of career transition. But if you’re new to the b-school search process, you might not know which careers are common jobs ...

What is the job of an MBA?

The marketing field offers a lot of MBA job opportunities. Many companies recruit MBAs for brand management (ensuring that a brands’ products are well-marketed and successful) or product management (helping to develop technology products and services). Other marketing MBA jobs include joining an agency on the account management side ...

What is an MBA consultant?

Usually, firms will recruit for a general management position, so most MBA consultants work across multiple industries and project types. However, some firms do hire specifically for consulting areas like human capital, supply chain, and healthcare if candidates have the right experience.

What is the job of marketing MBA?

Other marketing MBA jobs include joining an agency on the account management side or becoming a marketing manager at a corporation in a variety of industries. While marketing does involve some creative talent, the work is becoming more focused on data analysis, and it requires strong quantitative skills as well.

What is the job of finance in MBA?

There are two main functions for MBA careers in finance: corporate finance (financing, capital structuring, investment) and financial services (usually investment banking). Jobs in financial services can have extremely long hours, but the fast pace and competitive environment — not to mention the lucrative salaries and big-name clients — bring a sense of accomplishment. On the other hand, internal roles in corporate finance support the business by gathering and analyzing financial data; these roles tend to have more flexibility than financial services jobs. Other more niche jobs are available in fields such as private wealth management and equity research, but they are usually found in smaller businesses that don’t actively recruit from b-school graduates, so they take more independent work to pursue. To learn more, read this article about switching to a career in finance.

How do consulting firms help companies?

Consulting firms help companies increase their efficiency and profits by addressing various challenges, from implementing new enterprise software to acquiring the right talent. These firms seek people who look at problems from a unique perspective and can explain their solutions clearly to the clients. Presentation skills and teamwork are also valued in this industry. Usually, firms will recruit for a general management position, so most MBA consultants work across multiple industries and project types. However, some firms do hire specifically for consulting areas like human capital, supply chain, and healthcare if candidates have the right experience. To learn more, read this article about switching into a career in consulting.

What is the job of an MBA consultant?

Executives at those firms may be struggling to resolve problems and desire an outsider's perspective, and a management consultant's job is to assess the situation and suggest a solution. Such a consultant may work independently or work under the auspices of a management consulting firm.

How much do marketing managers make?

Because every business has a product or service it wants to sell, marketing managers are needed in nearly every industry. They typically earn six-figure salaries. The median annual wage among U.S. marketing managers in May 2019 was $136,850, according to the federal Bureau of Labor Statistics, or BLS. [.

Do MBA consultants get bonuses?

They often receive a significant signing bonus on top of that and usually are eligible for performance-based bonuses and other benefits. Starting salaries for MBA-trained consultants at the Big Three consulting firms increased in mid-2019, but entry pay has stayed flat since then, according to the salary report.

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