Date: November 20th, 2017 1:33 PM
Author: sable senate main people
It's a waste unless you have very specific interests. I know a lot of JD-MBAs who end up doing law, consulting, or banking, which makes zero sense since you could have gotten those jobs with just one degree.
Areas where JD-MBA makes sense:
1. Eventual political office, since having connections in both worlds is super helpful.
2. Running your own startup: being knowledgeable of business and the legal issues affecting a growing company will allow you to be a better leader.
3. Distressed debt and special situations investing: there's a reason why certain hedge funds such as Eliott, Paulson, Davidson Kempner, hire mostly JD-MBAs. You really have to understand bankruptcy law and finance to invest in companies in distress, as much of the analysis hinges upon less the modeling and valuation aspect and more the legal fallout from a company entering bankruptcy and needing to meet the demands of shareholders across the capital structure.
One of the most impressive people I know was HUG+Harvard JD-MBA, President of Harvard Law Review. He now works at a fairly well known PE shop. 33 years old, made low seven figures last year.
(http://www.autoadmit.com/thread.php?thread_id=3803606&forum_id=2#34731829)