What do you think about going lawschool? Got promoted to senior manager ( audit) but would like to change the career. ( early 30s) Any benefits of cpa+ jd?

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I too am interested in law and law school. However, I am not interested in paying back $100-200k in student loans for the rest of my life

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Not sure it’s worth it if you are already a sm. I am a jd/llm senior 2 and make 155k - if i could do it over dont think i would go back

Don't go to law school unless you really want to be a lawyer. And it will be very hard to go from senior manager to junior associate. Your experience in B4 will mean basically nothing to Biglaw partners as for your ability to do substantive work.

FYI I'm a tax lawyer in Biglaw who worked in accounting prior to moving to a law firm.

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You also have to factor in which market and practice group you're talking about at B4. The M&A guys will have a different experience than Int'l or SALT.

Tax attorney.

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Law school is a major major investment both in dollars (tuition and lost salary) and time. Before thinking about it, consider what you want out of a career. CPA and JD will help with both tax and Corp work in a law firm setting, but the JD won’t help out if you want to do investment banking or PE (unless you go to a top 14). Happy to discuss more.

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BigLaw requires a JD from a top tier school. LLM while nice is not required. Most NYC and DC firms will send their people part time as part of joining tax. I’ve seen firms also send their people for a year in exchange for committing to three years at the firm.

You will still need to be top of your class as incoming classes are shrinking. If you go to a local or non target school, you will have to be in top of your class and law review. You are never too old to apply and be admitted, but interviewing firms might discriminate (even if it’s illegal).

I’ll be honest, as a senior manager with audit experience, there are other opportunities including treasury management, FP&A, transaction due diligence, and risk management beyond what the law offers. Consider getting an MBA or sit for the CFA. Both of those will offer more opportunities in the long run, especially if either one is subsidized.

I’ve been struggling with the same lately. I want to go into securities law but I’m terrified of the time and money commitment

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Same here- I am married and my wife is also senior manager in audit ( no kids for now) so it won’t be crazy hard to go back to school but still bit hesitant for opportunity costs vs career change for the long term goal

What what was your undergrad GPA? If 3.7+ and you’re really serious about it, I would recommend taking the LSAT and seeing what you get. If you score in the 170s it *might* make sense if you really want it. I did this but only after a year in B4 not 6.

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I think your CPA+CFA is a great combo already! I’m sure some industry roles would look favorably on that. But I guess it depends on where you want you career to go.

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Do the JD if you plan to exit Big4. Don’t waste your time if you plan to boomerang.

Related question. Is there any point whatsoever in doing a CFA with a tax background and wanting to stay in tax? I’ve thought of doing that, but more out of interest than wanting to be an analyst or anything. What was your experience with obtaining that designation, OP?

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