Is It Worth Getting the Third Degree?

more+
less-

Nobody goes to law school without having an undergraduate degree. And most lawyers still enter law school with an undergraduate degree in the liberal arts rather than any business-related field (except for the many IP lawyers with undergrad training in chemistry, engineering or a similar field). Law school curricula have little business focus and few Bar Associations give MCLE credit for any courses that hint of marketing or finance, leaving lawyers illequipped to deal with business clients on the client's level of understanding. This raises the question, would more lawyers benefit from getting a third degree, a Master's in Business Administration?

Having both a J.D. (formerly an LL.B) and an M.B.A., I think I'm qualified to give a reasoned assessment... and my answer is, no. I received my law degree first and entered law practice. Seven years later, with some time on my hands, I went to night school to obtain an M.B.A. The latter degree did me no good in marketing my law practice (other than the knowledge I gained) while practicing law. When I became a law practice management coach and consultant, suddenly people took notice of my M.B.A. degree, thinking I knew what I was talking about because of the degree.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ed Poll, LawBiz | Attorney Advertising

Written by:

more+
less-

LawBiz on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×