Investment banking careers are explored in this interview from the perspective of leaving law for alternative jobs to do with a law degree. We discuss roles from investment banking analyst to managing director.
Eric Klar, a Big Law finance attorney who switched careers to investment banking, rose to the level of managing director and recently returned to the practice of law, talks about the paths of investment banking careers.
Eric compares and contrasts being a lawyer to investment banking jobs. He tells JD Careers Out There host Marc Luber where young lawyers leaving law firm jobs for alternative law careers can expect to start in investment banking careers.
I'm glad he mentioned the important fact that when you're making a career change from law to investment banking, your prior experience is considered added value. Too often, lawyers fear making a career change and transitioning from law to an alternative career because they think they would be throwing away all of their hard work from law school and law practice.
More often than not, the prior experience and skills from law school and law practice pay off. That may not be true on day 1 or when it comes to breaking into the new path, but the odds are that it will be an asset over time.
In the full interview at JDCOT, Eric tells us how to break in to investment banking and explains a typical day, what skills and personality types best fit the investment banking path, and how to succeed once you've broken in. He shares great advice for anyone wondering what to do with a law degree. Whether you're in law school or considering leaving law practice, you can benefit from Eric's perspective due to his experience working in both career paths.
