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Donald11
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Joined: 14 Sep 2009
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Posted: 22 Jan 2010 at 21:08 \| IP Logged

"and the education given there along with how exams are given are quite different as opposed to undergrad."

In law school, I believe your entire grade for a class is based on the final exam. I thought about law school, but I am not a big fan of this type of environment since your going to be under a huge amount of pressure when you take that final since it will make or break you.

Sec704b
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Joined: 29 Jan 2010
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Posted: 30 Jan 2010 at 09:56 \| IP Logged

Law School job market is really bad. Basically now even if you go to a top ten school there is a good chance you will be jobless.

In a good economy, you are guaranteed for a solid opportunity from a T14 school, good shot from a T25, some shot from a top 60, no shot beyond that unless you transfer or are like top 5%. Your better off at a big4 or midsize accounting firm if you screw up, because entry level law jobs can be 35K-55K, if you miss out on the 100-160Kers...

I know plenty of big4 alumni at my school (TTT in NJ) that are unemployed.

And yes its all based on one exam per class, often on a concept that you covered one random october/February class for like 15 minutes.

DRED
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Posted: 18 Feb 2010 at 20:00 \| IP Logged

With all this talk about getting into a top law school, does it really matter that much for a tax specialist? I know it matters if you do other law, which is flooded with lawyers.

But if your a CPA in tax and decide to get a law degree, your going to make a killing no matter what law school you go to. Its just that you can now go to court and your a lawyer. People don't care what law school you go to in tax.

Please give your opinion on this.

allegro-cpa
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Joined: 28 Dec 2009
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Posted: 19 Feb 2010 at 07:55 \| IP Logged

Law school sounds overrated and overpriced. CPA is only a couple thousand dollars. A bachelors and a masters in accounting is still far less than a law school degree. Yeah, you always need lawyers, but we have too many already. Maybe there is a demand for CPA+Law Degree? That is extra competitive there.

BS in accounting
MS in accounting
CPA
JD, specialize in tax/audit.

Become a lawyer for a fortune 500 company specializing in tax and accounting for them and handle all corporate issues.

That would probably be a good career, but is it in demand?

DRED, I have no idea about the whole going to a low level law school as being just all you need for a CPA lawyer focus. You might be right, if someone knows anything about this that would be great. Law is broad and covers sooo many subjects out there, but if you focus on tax, then why go through all the pain? I really have no clue on this subject, i probably need to talk to an individual that has this job/and creditials to really find out the truth

allegro-cpa
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Posted: 19 Feb 2010 at 09:26 \| IP Logged

I just have one more question for you guys.

Why and what happened to all the entry level accounting jobs????

You see millions of senior/manager jobs out there, that nobody can fill because they don't have enough experience. What is going on?

Was there such a huge boom in the accounting field for a few years that all these jobs are filled? Or did the firms just lay off all the staff to keep seniors?

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