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Attorney Considering MBA- Insights?

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Attorney Considering MBA- Insights? [#permalink] New post 07 Jul 2008, 04:49
Hi,

I am a "biglaw" associate (commercial real estate) considering jump to business. Right now, I am trying to determine (i) would an MBA be helpful, and (ii) would part time or full time be better?

I am considering NYU for part time and mostly schools ranked between 3-8 for full time. Part time is very attractive because I currently make about 180K a year in a mid size city so two years off has quite an opportunity cost on top of the tuition. I would be able to transfer and work in NYC to attend the NYU's part time program, but my firm doesn't have offices in Chicago or Berkley so those part time programs are out.

I would like to work in the same field (RE development). A lot of attorney's in my firm jump to clients, but they are always treated as quasi-attorneys. I would like to avoid that.

Does anyone know of any attorney's going to NYU's part time program? Have any insight on whether an MBA will be helpful in such a switch? Any other tips/comments? Thank you everyone!
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Re: Attorney Considering MBA- Insights? [#permalink] New post 08 Jul 2008, 06:13
More education is never wasted....but sometimes the cost can be too high. I'm an attorney also, but have always wanted to go into business, so for me it's not a matter of changing what I want to do. I went to law school first because I knew I would need work experience to get into an MBA program and I could work while going to law school part-time, rather than work, then MBA+JD at the same time which would have added a few years onto the process. Plus, I was able to work in politics while going to school. Degrees from different schools appealed to me to get a broad perspective.

As for your situation, I would not give up that $180k a year job. It will not be easy with your work load + part-time school, but when you're done at Stern, you'll have your big firm experience + top MAB. If you went to one of the clients at that point, I don't see how anyone could look down on you as "he's a law guy that is trying to be one of us." You'd be poised to run the company someday.

Just my 2 cents.
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J Allen Morris
**I'm pretty sure I'm right, but then again, I'm just a guy with his head up his a$$.

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Re: Attorney Considering MBA- Insights?   [#permalink] 08 Jul 2008, 06:13
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