an MA in Economics or pursuing a law degree from a decent school, ie) Cardozo School of Law? Considering factors such as the excess supply of lawyers in this day and age, of course.
Higher Education (University +) - 3 Answers
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1
I would recommend the MA in Econ unless money is not an issue. Benjamin Cordozo is a a solid law school but pricey (as all law schools seem to be). An economics degree is highly respected and I don't think you can go wrong with an MA in Econ, especially from a reputable institution. Good luck!
2
Both are great paths - I would choose based on what you want to be doing for the rest of your life, rather than job prospect. You never know how markets and circumstances will change over the years ahead. A law degree seems more practical (traditional school to job path - I'm sure a firm will hire you out of school). With M.A. in economics, you will need to carve your own plan a little more clearly - what kind of job exactly would you want to get after graduating? I would choose what you have the most passion for; the other details will work themselves out. ownpool - when I say that a firm would hire, I just meant that would be the easiest/quickest way to become employed out of school - by all means, having your own practice would be ideal as a lawyer, I would think (One could always work at a firm, then start own practice later)
3
I would only choose the masters in economics if it were from a top ten university. A Cardozo graduate can open his or her own office as soon as he or she passes the bar if he or she cannot find employment in a compatible firm. If a new attorney chooses a neighborhood business district where there are few or no lawyers, clients will soon be coming in the door. It is a matter of entrepreneurship and promotion of the legal services. Lawyers are independent professionals and can practice anywhere in a state where they are admitted to the bar. They do not need to work for a law firm.
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