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NorthQuebec
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JD/MBA opinions 29 Jul 2009, 21:20
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I think it really is a personal choice, I have heard/seen the value of the combo degree going to work in both the law industry and the business world. BigLaw is very much intertwined with BigCorp and having exposure to both is valuable. It might just open doors that each degree alone could not. The 3 year combo is a good bang for the buck, if you can get admitted into a top school.
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jallenmorris
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JD/MBA opinions 29 Jul 2009, 23:46
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As someone that teaches both the LSAT and GMAT, I can tell you that the LSAT is way harder to prepare for than the GMAT. The LSAT has the "games" section that is absolutely nuts compared to any other standardized tests I've seen, other than some high-end IQ tests.

As for the use of the JD/MBA, I'm not qualified to say anything about that, so take anything after this for what you're paying for the advice. I have a JD, but not an MBA. Took the GMAT last year, got the 720, 80/80 split.

I started reading a book by George Ross, (Donald Trump's right hand man). He has a JD but not an MBA. He had the best explanation of how lawyers think compared to business people and I think it's a very important observation. As an attorney in real estate deals in a firm, he always analyzed the deals in terms of problems to be avoided. His clients that were working the real estate deals approached the problems from the perspective of "Will this be a deal-breaker?" or "How much will this cost me?" Those are two totally different persepctives. As a lawyer, we think very different than business people. If you want to do business, being a JD will most likely give you some instant credibility with people, but in the end, you still have to produce in any environment be it business or legal.

If you're interested in this book, find it here:

https://www.amazon.com/Trump-Strategies- ... 471718351#

It's a fascinating book and a quick read.
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JD/MBA opinions 30 Jul 2009, 19:55
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jallenmorris

I started reading a book by George Ross, (Donald Trump's right hand man). He has a JD but not an MBA. He had the best explanation of how lawyers think compared to business people and I think it's a very important observation. As an attorney in real estate deals in a firm, he always analyzed the deals in terms of problems to be avoided. His clients that were working the real estate deals approached the problems from the perspective of "Will this be a deal-breaker?" or "How much will this cost me?" Those are two totally different persepctives. As a lawyer, we think very different than business people. If you want to do business, being a JD will most likely give you some instant credibility with people, but in the end, you still have to produce in any environment be it business or legal.
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Good insight!
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gregarious
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JD/MBA opinions 09 Aug 2009, 12:49
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Here's an interesting blog article that I came across. I don't know if the author, a lawyer w/ MBA from Stern really answers the question he poses, but it raises a few interesting JD/MBA issues: https://www.adamsmithesq.com/archives/2009/08/mba-jd-or-phd.html
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MBAgirl2010
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JD/MBA opinions 28 Aug 2009, 20:37
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JD graduates are hit even harder than MBAs this year with 50% cut in recruiting from top law firms. The market is becoming more and more saturated with lower returns every year. Law is also in threat of moving away from the hourly billings model so revenues may go down further. The most JD/MBAs or JDs I have seen in a corporate environment go up to the executive ranks (VP, SVP), though unless you have a direct input in the revenue generation for the business, its hard to get to the CEO post. Both Business and Legal will be extremely demanding on your time in order to stay current, so its natural to transition to one or the other. jallenmorris's input above is very true - if you focus on the legal standpoint your thinking becomes very focused on what-ifs, which eventually makes it difficult to progress on the business side. If you focus on the business side, you may loose your edge in legal over a couple of years. So far I have been told its better to focus on one and be better at it, than spend the money and extra time, and eventually focus on one area one way or another.
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JD/MBA opinions 12 Jul 2015, 20:10
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Hello from the GMAT Club MBAbot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
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