<p>On the websites of some big corporate law firms for example (Davis and Polk, Cravath) they have pages dedicated to what some of there alumni are doing. On both of those sites, and I assume at other firms as well that have them as managing directors at ibanks (goldman, morgan etc)? How did they switch over to those positions? I was under the impression that you can only get into ibanking right out of undergrad or mba. Also, why would they switch over to those roles in the first place? Is the lifestyle better? Obiously money is, but any other reasons?</p>
<p>they get those jobs just like most people get those jobs - through connections. As a big firm lawyer you'll be schmoozing with lots of those folks. I've never heard of an MBA being an absolute requirement to do anything - hence its inferiority to law and med degrees :)</p>
<p>i can't say for sure but i betcha lifestyle AND money are better. money's not that great (7 figures) in law until you make equity partner.</p>
<p>Some lawyers decide they would rather be the client than be at the client's beck and call. After a few years of corporate work, they say THAT JOB is the one I want. I think opportunities for jumping ship can arise from associations, but many, many lawyers who are not thrilled with practicing do not have that chance and stick with law. My husband went back to get an MBA.</p>