JD/MBA Program vs. JD

Answer

Adding an MBA to your list of academic accomplishments can only benefit you in the long run, no matter what you eventually choose to do with your life or legal career. Since you seem to have decided that joining a law firm is what you want to do in the near future, there are several benefits to having an MBA when entering law firm life.

First, given the type of training that occurs, in our opinion it would be quite wise if an MBA were an actual requirement for getting a law degree. This is due to the fact that the practice of law is so closely related to business and few attorneys appear to realize this. In fact, attorneys traditionally are known in the business community as some of the worst businessmen. Being an attorney has numerous components that involve business such as marketing, the value of your time, hiring and firing, renting office space, managing payroll and numerous cost-benefit type calculations. While traditionally law was portrayed as something that was not a business, you should make no mistake about one central fact: The law is a business.

If you start your career in a law firm position, you may one day become a partner and be responsible for many of the day-to-day business decisions associated with the running of the law firm. Even if you do not choose to remain with a law firm, you may one day open your own practice. The training an MBA provides will help you navigate the waters in terms of running your own law firm. Your own law firm, incidentally, would be a small business.

A second aspect to consider in getting an MBA is how it could teach you to think in a different way. MBAs are known as "bean counters" for a reason. As a general rule, MBAs tend to be very risk averse and good at pointing out the risks inherent in any business situation. In fact, many entrepreneurs that have hired MBAs report that they are continually told by MBAs to simply shut down their businesses! This type of risk averse behavior is exactly what most lawyers do with clients on a daily basis. While we are, in fact, having some fun with the above statements, the generalities they express are on point and some of the better attorneys we have known have been MBAs.

Third, you may consider getting an MBA if you are interested in corporate work. Beyond the practical training and the training in the "MBA thought process", an MBA will also teach you a great deal about the inner workings of the financial system and about many of the types of companies you are likely to do work for as a corporate attorney.

Fourth, even if you decide not to do corporate work, an MBA is not a liability. Since the majority of law schools with joint programs heavily favor the JD degree when constructing the curriculum, the amount of legal education will be on par with that of any other student who is just focusing on the law. Additionally, any extra knowledge that you can bring to the table, even if it is not directly applicable, is going to make you a more attractive candidate.

Fifth, if you eventually decide that practicing law is not for you, having an MBA is probably the only other degree that instantly grants you access to the kind of high-paying professional jobs that lawyers enjoy. Make no mistake about it: numerous attorneys leave the practice of law each year. You may be dead-set on being an attorney right now, but things change and many people who go into the law eventually come to rethink their decision. An MBA is a great thing to be able to fall back on.

The only con - and it potentially is a big one - is that some law firms may interpret getting these two degrees, which really represent two diverse career paths, as indecision in what you want out of your future. If a firm thinks that you are applying to them simply to get a feel for what working in a law firm is like before you make the jump to corporate life, they may be less willing to hire you. If there is one thing that law firms value, perhaps above all else, it is a singleness of purpose when it comes to careers and what attorneys are willing to give back to the firm. With that said, there are many firms who are not nearly as concerned with this, but the stodgier, more traditional firms may not understand your motivations.
 


About Harrison Barnes

Harrison Barnes is a prominent figure in the legal placement industry, known for his expertise in attorney placements and his extensive knowledge of the legal profession.

With over 25 years of experience, he has established himself as a leading voice in the field and has helped thousands of lawyers and law students find their ideal career paths.

Barnes is a former federal law clerk and associate at Quinn Emanuel and a graduate of the University of Chicago College and the University of Virginia Law School. He was a Rhodes Scholar Finalist at the University of Chicago and a member of the University of Virginia Law Review. Early in his legal career, he enrolled in Stanford Business School but dropped out because he missed legal recruiting too much.

Barnes' approach to the legal industry is rooted in his commitment to helping lawyers achieve their full potential. He believes that the key to success in the legal profession is to be proactive, persistent, and disciplined in one's approach to work and life. He encourages lawyers to take ownership of their careers and to focus on developing their skills and expertise in a way that aligns with their passions and interests.

One of how Barnes provides support to lawyers is through his writing. On his blog, HarrisonBarnes.com, and BCGSearch.com, he regularly shares his insights and advice on a range of topics related to the legal profession. Through his writing, he aims to empower lawyers to control their careers and make informed decisions about their professional development.

One of Barnes's fundamental philosophies in his writing is the importance of networking. He believes that networking is a critical component of career success and that it is essential for lawyers to establish relationships with others in their field. He encourages lawyers to attend events, join organizations, and connect with others in the legal community to build their professional networks.

Another central theme in Barnes' writing is the importance of personal and professional development. He believes that lawyers should continuously strive to improve themselves and develop their skills to succeed in their careers. He encourages lawyers to pursue ongoing education and training actively, read widely, and seek new opportunities for growth and development.

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Finally, Barnes is a strong advocate for community service and giving back. He volunteers for the University of Chicago, where he is the former area chair of Los Angeles for the University of Chicago Admissions Office. He also serves as the President of the Young Presidents Organization's Century City Los Angeles Chapter, where he works to support and connect young business leaders.

In conclusion, Harrison Barnes is a visionary legal industry leader committed to helping lawyers achieve their full potential. Through his work at BCG Attorney Search, writing, and community involvement, he empowers lawyers to take control of their careers, develop their skills continuously, and lead fulfilling and successful lives. His philosophy of being proactive, persistent, and disciplined, combined with his focus on personal and professional development, makes him a valuable resource for anyone looking to succeed in the legal profession.

About BCG Attorney Search

BCG Attorney Search matches attorneys and law firms with unparalleled expertise and drive, while achieving results. Known globally for its success in locating and placing attorneys in law firms of all sizes, BCG Attorney Search has placed thousands of attorneys in law firms in thousands of different law firms around the country. Unlike other legal placement firms, BCG Attorney Search brings massive resources of over 150 employees to its placement efforts locating positions and opportunities its competitors simply cannot. Every legal recruiter at BCG Attorney Search is a former successful attorney who attended a top law school, worked in top law firms and brought massive drive and commitment to their work. BCG Attorney Search legal recruiters take your legal career seriously and understand attorneys. For more information, please visit www.BCGSearch.com.