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JD2B Blog

 
Get a JD/ MBA without ever having to get an actual MBA
By Brendon Buthello


Most law students are willing to distinguish themselves from their peers as it is a competitive market. 

Here is how to get a joint JD/ MBA...


The upside: one can network effectively, become a business person, and get a good group of contacts. The worst part here is that it is expensive and time-consuming.  Also, some are irrelevant for a young lawyer. So, if you are a law student who wants to get further from the crowd, get yourself some MBA skills. If you don’t want to spend the time and money on the degree itself, this is where you should get trained on:


Accounting

“If you can’t read a balance sheet, you might as well not be able to read.”  Accounting can be repulsive for a lot of law students, especially those who are wary of numbers and liken them to big scary beasts which are to be avoided at all times.  However, the above quote is spot on.  A corporate attorney should be mostly at home while reading, and understanding financial statements.


Corporate Valuation

The math is mostly over the head.  Regardless of that, if one wants to be a complete lawyer, then it is good to know how the role of finance in a deal. Corporate valuation is useful in knowing in this aspect. 


Negotiations

A “soft skills” class is hat you need now which can overlap with a negotiations class maybe taught at your law school.  It has been found out that business students negotiate differently than law students.  Taking and creating value is the main difference.  Take this class to ensure you understand both. 


Spreadsheets

Did you know the difference between a lawyer and a business-person?  When making a list, business-people tend to use Excel, while  Lawyers use Word. You should know Excel as it is a powerful program that can do almost anything!



Posted on: 04/07/2010 03:39 PM | Number of feedback 6


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