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If you want to practice in Tax it is a very nice to have… especially, if you did a more generalist or bar-focused curriculum in law school.
Other than that, I think the only LLM that is broadly recognized is for foreign lawyers that only have their LLB.
LLMs could be beneficial for practice areas that are heavily regulatory based (healthcare, IP) — but their benefit is still quite limited as you can learn the law through practice as most of us do or did. The only thing i have learned from law school (related to the areas of the law i ended practicing for over 20+ years) is how to be lawyer. But, if you are trying to break into a new practice area, LLM could be marginally beneficial.
I appreciate your input. That makes sense.
Personally, OP, if you already have a JD and want to go back to school other than a tax LLM, an MBA would be more useful.
Thank you, I had thought about that as well.
Sometimes an LLM from a top school can wash off the stink of a lower-ranked JD so to speak. While not truly useful for big law, it can help for government, PI, international law, etc…
That’s helpful to know, thank you.
What’s it for? My understanding is that they’re worth it for tax lawyers. Not sure about any other fields. I could see a world where it’s helpful for privacy lawyers.
Probably tax but I’ve heard that tax LLMs are useless if not from NYU or Georgetown. I’m not sure if that means useless for big law or useless full stop.
Traditionally tax is a good one. That said, for a free degree, I don’t think it can hurt.
I went to NYU. Gtown is great too. I’ve worked in biglaw with some who went to Florida and more recently from UC Irvine, but those are rare. Florida seemed alright for HNW and regional work in the southeast. Outside of those schools, the education is valuable but I don’t see it getting you to biglaw if you’re not already able to get there with your JD.