Identify circumstantial c beer goals onwards you spend time and resources trainting a threefold mark.
Welcome to the latest installment of Law Admissions Q&A, a monthly feature of Law Admissions Lowdown in which I go away admissions advice to readers who send in questions and profiles. This month, I focus on individuals who wonder if a legal philosophy degree in combination with some other graduate degree will best help them bring home the bacon their professional goals.
Dear Shawn: Do you foresee a niche for a medical checkup doctor who also has a JD? I am considering such a move after 20 historic period in private practice as an interventional radiologist. While the adroitness set afforded by completing virtue enlighten may be interesting, I am increasingly concerned nigh the job market for such a combination of skills. -Dr. biography Change
Dear Dr. Career Change: Many individuals hold both medical and fair play degrees; in fact, there are several famed schools that offer an MD/JD dual degree (Yale University, for example). It can for certain be useful to obtain both degrees as rightfulness and medicine are intertwined in myriad ways, from medical malpractice to intelligent property issues related to medical research and technologies.
As for specific positions in which you could apply a medical and legal education, there are very few jobs that require an individual to hold an MD and a JD. Most people who hold both law and medical degrees do not practice both professions, alone instead benefit from having these different perspectives while focusing earlier in one field or the other. A equalize examples of locomotes specificly well-suited for those with law and medical degrees include health care, public policy, and hospital administration.
While the legal field, bid so many other professions including medicine, faces sparing disruptions, spending on healthcare and thus the area of healthcare law and policy will probably continue to increase as our population ages.
[Explore other course paths for law school grads.]
In the end, the right choice for you will depend on your erratic goals. If you are considering leaving your private practice, you should ask yourself what other potential gos interest you. I advise identifying a specific career or a couple of intriguing options that you might like to pursue, then speaking with professionals currently in that field before you spend the time and resources to obtain a law degree. Doing so will ensure that the skills you will learn in law school will contri only whene meaningfully to your new career. -Shawn
Hi Shawn: I came across your article on the JD/MBA track and its associated benefits and drawbacks. I've grappled with the idea of applying to dual programs given the time, forgone income, and competitiveness. However, I think as you clearly pointed out, the career trajectory is probably the most practical consideration.
I want to finally pursue judge capital or stay in management consulting. I started off in investment banking but quickly moved over to management consulting, where I've been focused on both merger and acquisitions and intellectual property (from a strategic standpoint). Part of me feels that the JD/MBA would augment both the strategic and legal perspectives decisive to this make water. However, many fields (e.g. private equity and venture capital) realize become highly experiential, I'm not sure a particular degree will do much without practical skills and experience. -Is a JD/MBA Degree Practical?
Dear Is a JD/MBA Degree Practical?: A JD/MBA phrase degree is certainly highly applicable to the career trajectory you are considering. As you clearly understand, to obtain this joint degree you will forgo three to four geezerhood of income—depending on the school and program—while incurring the apostrophize of your education, so you want to make sure the dual degree will enhance your ability to excel in M&A or venture capital.
[Learn the 5 reasons to get a JD/MBA]
To determine how helpful a JD/MBA would be, I would vista at the leaders in these fields and the degrees they hold. Many in M&A have a law or business degree or both, whereas in venture capital, most senior professionals only have an MBA.
Consider the specific work you hope to do within these fields. If you want to focus on investments related to intellectual property or highly regulate fields like healthcare or the environment, a JD/MBA would likely prove especially helpful.
I have never regretted for one sidereal day pursuing my JD/MBA and love my work at the nexus of education, law, and business. nevertheless a JD/MBA is not necessarily the right investment for everyone. -Shawn
Materials taken from US News
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