Non Legal Is
The world of finance is attractive to some law graduates, usually those with a business background, strong quantitative skills, and no fear of long working hours. Financial areas for which SLS alumni are particularly attractive include investment banking, venture capital, private equity and hedge funds. A practical guide to authentic job satisfaction by Michael Melcher Investment bankers subscribe to new securities from bank clients and help raise funds on the capital markets. In addition to underwriting securities, investment bankers can guide companies through complex processes such as IPOs or mergers and acquisitions. While entry-level positions as an investment banking analyst only require a bachelor`s degree in a field such as accounting, finance, or math, many investment bankers pursue college education. MBAs are most common among investment bankers, but other university degrees, such as law degrees, can also be helpful. Successful candidates must be very numbers and business oriented and have good financial modeling skills. The vast majority of our students choose to practice in a variety of different settings after graduation. Some students will find during their time at SLS that practicing law is not their first career choice and will begin a non-legal job search. This is not an easy task. Venture capital funds manage the money of investors looking for private equity investments in start-ups and small and medium-sized companies with high growth potential. These investments are generally characterized as high-risk/high-return opportunities.
Venture capital firms tend to be receptive to the skills of JDs/MBAs and MBAs, but are not convinced that JDs have the business background to be viable. They hire very little, but when they do, they tend to hire analysts who have spent a year or two at a strategy consulting firm, or people with technical or technical degrees who can evaluate the technologies of potential holding companies. They have also hired more MBA graduates in recent years, usually those with some industry experience, before returning to top business schools. Venture capital jobs are extremely competitive; Networking is key. While a JD can be useful in some non-legal careers, the job search requires significant effort to learn more about the desired job and network over time to learn what it takes to get that job. Students who can benefit from their work experience, education, and previous background could be attractive to non-legal employers. A joint degree in a field related to the desired profession can be a step in acquiring the skills and qualifications required for that occupation. The following sections briefly discuss some of the most popular business careers for SLS students/alumni, including consulting and various financial positions. Private equity funds invest in a troubled company in the hope of improving that company`s performance, and then sell the fund`s stake in that company at a profit. Private equity funds don`t employ many people and when they do, they usually need prior experience as an investment banking analyst or as a management consultant with a financial background. Competition for these jobs (including MBAs from top schools) is fierce.
As with other finance jobs, networking is key to getting a job. (See-nay kwah nahn) Preparation. Latin for “without which it could not be”, an indispensable action or condition. Example: If Charlie Careless hadn`t left the keys in the ignition, his 10-year-old son wouldn`t have been able to start the car and secure it with Polly Playmate. Charlie`s act was therefore the sine qua non of Playmate`s injury. A Lawyer`s Guide to Career Satisfaction Inside, Outside & Around the Law by Larry Richard et al. Typically, several SLS students embark on a job search in the business world each year; the majority of them are JD/MBA candidates. We also see former students decide to go into business after practicing law for a while.
Business opportunities range from consulting and finance to business development and sales and marketing positions in private and public companies. Students are encouraged to speak to an OCS consultant about the types of business roles they are most interested in and work on developing a job search strategy specific to those particular industries and roles. Consultants are consultants hired for companies. They address a variety of business problems and provide solutions to their clients. Client companies hire consultants when faced with issues that require expertise beyond what their employees can offer, or when they need the new perspective of an external base. Consulting firms are generally willing to hire non-MBAs, and some are actively recruiting JDs. Consultants work in various industries, such as banking, healthcare, engineering, retail, etc. So if you have a degree related to any of these fields, this could be helpful. Competition for these positions is intense; Candidates should enjoy working under a lot of pressure and be willing to travel.
A lot! Qualifications include teamwork, strong interpersonal skills, creative problem solving, flexibility, business acumen and business acumen.