Business school right after law school

You're in law school presumably so that you can become a lawyer.

So by applying to b-school while you're still in law school, it suggests that you have no intention of practicing law. So it begs the question: why are you in law school?

And if it's really as a "back up plan" - then it also begs the question: why are you spending 3 years on a backup plan rather than focusing your efforts on going after your main plan? And to add to it, you have a business undergrad degree on top of that. And very limited work experience. No adcom is going to buy whatever story you'll try to spin.

Again, if you're really interested in a career in business, you have to seriously ask yourself why you're in law school at this point.

It's sort of like expecting to attract the girl you really want while still being in a relationship with your current girlfriend you're not really interested in anyways, but willing to settle for.

You really have two choices at this point:

(1) Finish up law school, and get a job (either pass the bar and practice law, or do something else).

(2) Drop out of law school now, and find a job -- you have a business undergrad degree, you're probably a pretty smart guy, so you're still in the running for a lot of entry-level type jobs out there in the business/corporate world (be it consulting, marketing, finance, etc.) - it may not be McKinsey or Goldman, but with patience and hustle you'll find a good job. If you really don't like the law, then losing one year to gain two is certainly better than losing all three years.

Either way, it won't involve getting an MBA for a while. And yes, I understand that either choice isn't going to be easy, but it's certainly more feasible and sensible than going for yet another degree at this point when you've sort of started your current program.

Or even if you did get an MBA, what makes you think that you'll all of a sudden be more employable with your resume (a biz undergrad degree, a law degree and an MBA and next to no work experience?). What makes you think you'll be competing for the same kinds of jobs as your more experienced MBA classmates with 3-6 years of solid pre-MBA experience? If anything, you'll likely be going after the same jobs as you would now with a biz undergrad degree. Piling on one degree credential after another isn't going to make you more employable - it can in fact backfire and make you seem less prepared for the real world.

This may be tough medicine to swallow, but you're going to have to face the music sooner or later (pardon the string of cliches).

One more thing.

You're not the first person in this position -- over the years, there's enough folks out there like you who are in similar circumstances as you, and think in a similar way as you do. It may be another graduate program they're currently in, or they're currently college juniors/seniors who have convinced themselves that they need the MBA now rather than later.

And almost always, it comes down to one thing (whether spoken or unspoken): the unwillingness, for whatever reason, to face the job market now. It could be fear, it could be a sense of entitlement (feeling that the entry level jobs are beneath them), or it could be lack of confidence that they can get any job.

It's hard to sound glib by saying "get a job" -- and when that is the refrain they hear, the knee jerk reaction usually is "well, it's hard" or "they're not the jobs I want".

Of course it's hard. Especially in this economy. But there's no way around it. Just know that there's plenty of other people who have felt the same way you do -- feeling that you can't get the job you want (or any job) without getting an MBA.

Thanks for the advice. I really appreciate it. One other thing. What advice (if any) can you give me for entering finance or consulting with a JD degree?

I've considered dopping out and searching for a job instead of finishing law school, but that approach seems very risky considering that I won't have the fallback of practicing law if I hate working in finance or consulting.

Also, from my understanding, JD's tend to pursue careers in these fields, albeit not in large numbers. So wouldn't I be more marketable with a JD and hence be able to obtain a higher salary than I would with just an undergraduate degree?

It couldn't hurt to study for the GMAT, then just take it from there.

Keep in mind that entry level positions have pretty standardized pay packages within most organizations -- the pay is determined by the job title. So if you're hired as a financial analyst for a company, you're going to be paid according to what that company sets the salary package to be for that job within that company - every person that gets hired for that job will get more or less the same pay package. The only difference could be that one person gets hired at a more senior position than another (so the pay is different) -- but in your case, why would anyone hire you to be in a higher position compared to a fresh-faced college grad just because you have one more degree?

Employers (in any industry) structure their compensation based on *relevant experience* more than anything else, not credentials, because more often than not, the more relevant experience you have, the more you can contribute to the bottom line right away. That's why entry level positions in just about any industry are so low compared to their mid to upper level counterparts. The more experience the job requires, the more the pay (generally speaking).

A JD on its own is pretty useless. All a JD does is put you in a position to pass the state bar -- and then, once you get *experience* as a lawyer, you become more marketable.

And if you are worried about hating finance/consulting, what makes you assume that your "fallback" option of law is going to be that much less miserable?

You have a lot to contemplate and ruminate on.

I'm in a similar position. I graduated law school in 2009 and passed the bar, and now I simply have zero job prospects as a lawyer. I've been practicing on my own, but the legal job market is beyond grim. It's not a question of not getting the type of job I want, it's that any job for lawyers is going to have dozens of applicants with 3+ years of experience, especially here in Ohio. One job for $35k had 100 applicants.

I'm genuinely not sure what to do. If I could find a job, I wouldn't need to go to school. I'm taking accounting classes at a local community college while I practice essentially part time, so maybe I'll be more marketable for standard business jobs, but being a lawyer right now is pretty much being unemployable.