what type of attorney can you be with a finance major

by Jarrett Quigley 10 min read

A financial services lawyer is an attorney who helps people with financial legal issues. This kind of lawyer often specialize in a certain type of finance law. A financial lawyer can help clients with a wide variety of financial matters.

Full Answer

What does a finance lawyer do?

Dec 03, 2018 · Finance lawyers handle all types of financial legal issues, from mortgage loans to corporate acquisitions, small business contracts to company bankruptcies. To become a financial lawyer, you must earn a college degree and complete law school. Once you succeed, you may enjoy a lucrative career.

How do I become a finance lawyer?

Jun 05, 2019 · A finance degree can be a solid foundation for those aspiring to become an attorney. The analytical thinking required in finance transfers well to the legal profession.

Should I hire a financial lawyer?

Mar 15, 2021 · Top 10 Jobs for Finance Majors. Here are some options to consider as you explore careers related to a finance degree. The Balance. 1. Financial Planner. Finance majors learn about a variety of investment vehicles, and this knowledge can help financial planners to advise clients about how to manage their finances.

What can you do with a bachelor's degree in finance?

As an attorney, you can choose to practice in area of law. Other areas of law you may choose to research when making a decision about your future and your career include but are not limited to: Civil Rights Attorney. Environmental Law Attorney. Military Attorney. Charitable or Public Interest Attorney. Toxic Tort Attorney.

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Is finance a good major for law?

A finance degree can be an excellent foundation for a career in corporate law. While you won't go into as deep of a dive into economics, you'll learn about corporate finances work.Apr 8, 2021

Do finance majors get into law school?

Business: Finance-oriented majors are often attracted to the corporate sector, which requires legal oversight. Economics was another very popular major among 2015-2016 law school applicants. Business administration and management, accounting, hospitality and real estate are all majors that fall in this category.Sep 12, 2017

What degree do you need to be a financial lawyer?

You could complete an undergraduate law degree, followed by a one year Legal Practice Course (LPC). After that you'll need to be trained 'on the job' on a two-year training contract with a law firm.

What majors do lawyers most?

The most popular major of law school candidates is political science. There's a reason why many successful politicians are lawyers—the link between law and political theory is very strong. Political science is the study of government systems, political behavior, and how the judicial system works.

How do you go from finance to law?

So what are some concrete steps to move from finance to law? Get a juris doctor degree (JD). Practice reading legal texts to familiarize yourself with the logic and idea structure. Discuss with attorneys in your current job to better understand how they think.

How hard is the LSAT?

The exam itself is less about understanding facts and more about intelligence. It has even been said that the LSAT is closer to an IQ test than a professional exam. It's radically different from any other test you've taken, especially typical standardized tests like the SAT and ACT. So yes, it's difficult to do well.Jun 22, 2020

Can a lawyer be an investment banker?

However, some of the most successful investment bankers in history are lawyers, and lawyers often have an unsaid advantage in this heavily regulated industry. Just to give you an idea, the current CEO of Goldman Sachs, the most well known investment banker ever, is a law graduate.Dec 9, 2016

What do finance and banking lawyers do?

Our banking lawyers have an unrivalled breadth of experience and knowledge, advising prominent financial institutions, borrowers and sponsors across our regional network on the structuring, negotiation and documentation of finance transactions (both conventional and Islamic).

Can you become a banker with a law degree?

4. Jobs for law graduates: investment banking and other 'City' careers. Intellectual rigour, diplomacy, stamina and negotiation skills are all important in City careers and can be demonstrated by law students.

Is economics a good major for law school?

Some majors do much better than others. Of interest to economics faculty, economics majors tend to do very well in both median and mean earnings, and both without and with controls for individual characteristics. Thus, economics is a high paying undergraduate major for those who later practice law.

What is an economics major?

An economics major is a degree option that examines questions related to resource allocation, incentives and wealth, among others. Economics is relevant to graduate and professional study in fields like business management, law and public affairs, as well as undergraduate degrees that are useful for many career paths.Jul 16, 2019

Is Criminology a good major for law school?

Prepare for Law School and Careers in Criminal Justice Criminology is one of the most appropriate majors for those planning to pursue a career handling criminal cases as a lawyer or judge.

What is finance lawyer?

Financial lawyers handle banking, investment and contract legal matters for all types of clients, from multinational corporations to small businesses to individuals. The path to a finance lawyer career requires many years of education, licensing and experience in the financial industry. When you succeed, you can expect good job prospects ...

What is the law school curriculum?

Law school coursework includes practical studies such as legal writing and contracts, along with civil procedure, constitutional law and property law. Many schools allow you to choose a specialty such as corporate or financial law. Most employers seek financial lawyers with some type of finance experience.

What is the bar?

The term “bar” refers to the American Bar association (ABA), a national organization of lawyers and law students. Passing the bar examinations entitles you admission to the bar, which means you can legally practice law. Every state has an ABA chapter and bar examination guidelines.

How long does it take to get into law school?

Some aspiring lawyer earn bachelor’s and master’s degrees before applying to law school. Typically, law school programs take three years to complete. Getting into law school is no easy task, due to stringent admission standards and competition with other applicants.

Does the BLS publish data specific to banking and finance lawyers?

The BLS does not publish data specific to banking and finance lawyers. However, the Bureau expects job opportunities for all lawyers to grow by about 8 percent, through 2026. The largest growth for finance and banking lawyers may occur at in-house counsel jobs, as corporations reduce legal costs by expanding their legal staffs, while moving away from retaining law firms.

What is the closest thing to law school?

Political Science. Of all majors, this may be the closest to a "law school" curriculum as you can get. In this major, you'll study political systems, public policy, international relations and the relationship between government, the law, and individual rights, among other things.

What do philosophy majors study?

Philosophy majors delve deep into the study of logic, ethics, and morality —areas of thought that also happen to be the cornerstones of law. You'll debate with classmates, present arguments and do a lot of research to support your case, which is not all that different from what lawyers do to prepare for court.

What do history majors learn?

From a practical standpoint, history majors are also tasked with lots of research and writing and must learn to draw conclusions based on historical documents, a great precursor to the work you'll do in law school.

What is an economics major?

Not only are economics majors trained to think logically and analytically, but economic policies and procedures, as well as how resources are distributed and managed, are topics closely connected to the legal issues you'll encounter as a lawyer.

Is business a good major?

A business major is a good option for those who plan to go into corporate law. That said, be sure to supplement business fundamentals with humanities and liberal arts electives so you can train your analytical and critical thinking muscles, as well as practice research and writing, too.

What degree do I need to become a finance attorney?

To become a licensed attorney, finance graduates will need to earn a law degree and be admitted to the bar in the state (s) in which they which to practice.

What can I do with a finance major?

A finance major can provide an excellent way to launch your career in accounting. Depending upon the path you choose to take, you might require some additional course work and might consider obtaining your CPA certificate.

Why do we need a financial analyst?

Financial Analyst. Businesses of all types need financial analysts to help analyze the financial results at the business unit, product and corporate level. Financial analysts might support a product group or business unit, or they might work at the corporate level.

How are finance and accounting related?

Accountant. Finance and accounting are closely related in that accounting and financial statement data is used frequently in financial analysis. Some finance curriculums may include a number of credit hours in accounting, this will vary by school and program.

What is investment analyst?

Investment analysts work for a variety of firms, including mutual fund companies, other types of investment management firms such as those offering separate accounts to institutional investors, large institutions such as endowments and public pension funds, brokerage firms, banks and a host of others.

How to become an actuary?

In order to become fully certified as an actuary, you will need to take a number of courses in preparation for a series of exams. These are just a few of the career paths available to those with a finance degree. The combination of a finance degree and your ambitions can take you in many directions over the course of your working life.

What degree do I need to become an investment analyst?

A finance degree provides an excellent foundation for a career as an investment analyst. Again, this is a career path that often requires an advanced degree and often the CFA designation.

What can a corporate lawyer do for you?

A corporate lawyer will be able to help you with issues related to the formation of your corporation, general corporate governance issues and corporate compliance issues.

What is an estate planning lawyer?

The estate planning lawyer specializes in wills and trusts, and can help you to draw up a will to pass on your assets. Among other estate planning legal services, this type of lawyer can help you set up a trust which will help take care of your children’s financial needs.

What is an IP lawyer?

Also known as an IP attorney, an intellectual property lawyer can advise you with regard to issues relating to intellectual property, such as copyrights, trademarks, patents, industrial design and trade secrets.

What is an employment lawyer?

Employment Lawyer. Whether you’re a company that’s having a problem with an employee, or an individual who’s having problems with the company you work for, an employment lawyer can generally provide advice about legal issues which arise from an employment contract or within an employment relationship.

What is a worker's compensation lawyer?

If you’ve been injured while on the job, or have had to face the death of a loved one as a result of a workplace accident or occupational disease, a lawyer who specializes in workers compensation law can help you navigate the issues you face, such as the extent of the employer’s fault and the amount of benefits to which you are entitled.

What is general practice law?

Unlike lawyers who specialize in a particular area of law, a general practice lawyer has a practice that handles a wide range of legal issues. Different general practice attorneys will have different areas of law with which they are most comfortable, so if you consult with a general practice lawyer, it’s always prudent to discuss his or her experience in handling the type of legal issue you’re facing.

What is a disability attorney?

The Social Security Disability system can be a particularly complex system in which to navigate. An attorney who specializes in Social Security Disability issues can help you with any step in the Social Security Disability process, including assisting you with eligibility issues, launching an appeal of a decision to deny you benefits and dealing with the reduction or termination of your benefits.

What do finance majors do?

Finance majors develop analytical skills in order to dissect financial statements and appraise the financial standing of companies, municipalities, and other entities. They can assess the quantitative and qualitative dimensions of business problems and evaluate the financial implications of corporate and individual actions.

What do financial analysts do?

Financial analysts research stocks, bonds, companies, and industries to assist bankers, investors, and corporate finance officers with mergers, acquisitions, and stock/bond offerings, as well as corporate expansions and restructuring. They can capitalize on their finance major training as they dissect financial statements and other financial data.

What is a budget analyst?

Budget Analyst. Budget analysts apply principles of finance to projects and proposals in the business, educational, governmental, and not-for-profit sectors. They analyze budgets and evaluate the financial impact of continuing ventures and new ventures.

What is the role of an actuary?

Actuaries play a leadership role in financially oriented businesses such as insurance, banking, rating agencies, and accounting firms. The finance graduate with strong mathematical skills is ideally positioned to calculate the likelihood of various events and to assess the financial consequences for those outcomes.

What is the role of a lawyer in a civil case?

Lawyers in civil cases need the skills to estimate appropriate compensation for settlements.

What is the importance of finance in teaching?

Finance majors hone the communication and presentation skills that are essential to the teaching profession. Business teachers tap a broad knowledge of business as they instruct high school students about the fundamentals of accounting, management, marketing, and investments.

What is the role of investor relations?

Investor relations professionals prepare and present financial information about their company or corporate clients to investors, analysts, and business media.

What are the different types of attorneys?

As an attorney, you can choose to practice in area of law. Other areas of law you may choose to research when making a decision about your future and your career include but are not limited to: 1 Civil Rights Attorney 2 Environmental Law Attorney 3 Military Attorney 4 Charitable or Public Interest Attorney 5 Toxic Tort Attorney 6 Finance & Securities Attorney 7 Mergers & Acquisitions Attorney 8 Intellectual Property Attorney 9 Traffic Attorney 10 Digital Media & Internet Attorney 11 Entertainment Attorney 12 Legal Malpractice or Professional Responsibility Attorney 13 Health and Insurance Law 14 International Law

What is a family law attorney?

A family law attorney handles cases involving marriage, divorce, adoption, child custody, domestic support obligations, property division, paternity, and reproductive rights. Family law attorneys must deal with extremely emotional situations; therefore, this area of law is not for anyone who has a difficult time remaining calm when everyone around him is falling to pieces.

What is business law?

A business law attorney concentrates on laws that impact businesses such as forming new businesses; business tax issues; acquisitions and mergers; drafting contracts and other legal documents; employer-employee issues; and business litigation. A business law attorney can choose to specialize in a specific area such as business tax law, business litigation, debt collections, or corporate law or the attorney can choose to handle a broad range of issues related to business law.

Can a criminal lawyer represent both sides?

Criminal law attorneys, just like bankruptcy attorneys, can choose to represent one side or the other side but very rarely choose to represent both. You have criminal defense lawyers and prosecutors. Prosecutors work for local, state, and federal agencies charged with representing the government in criminal cases. Criminal defense lawyers can choose private practice or they can work for the public defender’s office.

What is probate law?

Estate planning and probate law covers a broad area of the practice of law related to protecting assets, planning for your death or incapacitation, and protecting dependents who are incapacitated. Some attorneys choose to specialize in estate planning — preparing for your death or incapacitation by executing documents including a will, trust agreements, powers of attorney, health care directives, and a living will.

Can I practice law as an attorney?

As an attorney, you can choose to practice in area of law. Other areas of law you may choose to research when making a decision about your future and your career include but are not limited to:

What is a real estate attorney?

A real estate attorney typically handles transactions related to real property including transfers of property, foreclosure, landlord-tenant law, evictions, title insurance, defects in the title to property, rights-of-ways, and property disputes. Some real estate attorneys choose to focus on residential property while others focus on high-end commercial transactions. Lawyers can choose to specialize in very exclusive issues related to real estate such as mineral rights, zoning issues, or eminent domain.

What do finance majors learn?

While studying for your degree, finance courses will provide you with a solid knowledge of financial insight, technology, and interpersonal skills that are essential for success in the job market.

What is a bachelor's degree in finance?

A bachelor's degree will prepare you with the basic foundation you will need in order to succeed in a finance career. Obtaining your bachelor's degree in finance also allows you to further your education to advance your career later on if you choose to do so.

What are the different types of finance?

In the field of finance, there are three main categories of the industry: public, corporate, and personal. From financial planning to investment banking to insurance, people who pursue careers in finance power ...

How long does it take to get a bachelors in finance?

This degree takes four years to complete and prepares you with the basic fundamentals you will need as a finance professional. While a bachelors degree in finance will build upon your finance skills, you will also be taught leadership and communication skills to fully round out your abilities.

What is the difference between a bachelor's degree and a master's degree in finance?

A bachelor's degree in finance will prepare you for entry-level work in the finance field, whereas a master's degree in finance or a doctorate degree in finance will make you better suited for management or instructor roles in this field. Listed below are the three main types of finance degrees you can pursue:

What is the advantage of a masters in finance?

A master's degree in finance will better prepare you specific areas within the finance field such as trading, investments or risk management positions.

What is the most popular aspect of finance?

One of the most popular aspects about entering into the finance world is the ability to obtain a job quickly, depending on your degree, and receiving a high-paying salary. Depending on the position within the finance field you choose, your salary will differ.

What is a business lawyer?

Also known as corporate lawyers, business lawyers are legal eagles who cover a more full range of expertise in building, managing, maintaining, transferring and dissolving a business. Lawyers in this area of practice deal with the formation of the company, employment contracts, tax compliance, acquisitions, and mergers.

What do lawyers do?

Different types of lawyers specialize in different areas of law. Some lawyers mostly do the work outside of the courtroom, such as drafting contracts and wills, preparing documents to comply with a process, negotiating deals, and advising clients on a legal problem. There are also lawyers who present cases in court or litigations ...

Why do we need malpractice lawyers?

Since these are professions that ascribe to a set of standards , they have greater professional responsibilities that may be challenged in the courtroom or in litigation.

What is IP law?

1. Intellectual Property (IP) Lawyers. Any original creative, scientific, or technical invention which may benefit the public has to be protected ...

What is an intellectual property lawyer?

Any original creative, scientific, or technical invention which may benefit the public has to be protected from copycats and duplicates. If you've created an art design, a unique product, a novel, a song or a computer program, you can consult with an intellectual property lawyer for securing copyright, patents, trademarks, and licensing agreements.

What is a family lawyer?

Family Lawyers. These are lawyers who handle all kinds of domestic cases, such as divorce, legal separation, child custody, adoption, paternity, alimony, prenuptial or postnuptial agreements, and emancipation. But family attorneys may also handle reproductive rights cases, and their work may intersect with other areas of the law.

What is a personal injury lawyer?

This lawyer is an expert in tort law, which deals with civil legal liabilities and damages.

How to become a lawyer in the US?

1. Earn your bachelor's degree. You will need to earn your bachelor's degree before being able to earn a law degree. Choose a college or university that offers a Bachelor of Science in Legal Studies or a comparable program, make sure it's accredited and earn competitive grades in your courses. Consider completing internships ...

What are the different types of law degrees?

Depending on your end goal, there are different types of law degrees you can consider, including: 1 Bachelor of Science in Legal Studies (BSLS) 2 Master degree options 3 Juris Doctor (J.D.) 4 Doctor of Juridical Science (S.J.D.)

What is a masters in legal studies?

Master of Legal Studies (MLS) An MLS is designed for people who want to work in the legal field in a larger capacity than a bachelor's degree can provide, yet do not want to be a practicing attorney. This degree will provide you with legal knowledge so you can work in compliance, federal regulations or as a consultant.

How much does a probation officer make?

1. Probation officer. National average salary: $48,679 per year . Primary duties: A probation officer works closely with individuals on probation to monitor their progress, make sure they don't commit new crimes and connect them with helpful resources and rehabilitation programs. 2.

What is a JD?

Juris Doctor (J.D.) A Juris Doctor degree is a professional graduate-level law degree and one of the most popular options for those who want to practice law. Those who want to pursue a higher-level degree will typically earn a Juris Doctor first.

How much does a law enforcement officer make?

Law enforcement officer. National average salary: $51,876 per year. Primary duties: A law enforcement officer keeps a community and its citizens safe from crime. They may do this by patrolling certain public areas, issuing tickets and warnings to those who are breaking the law and responding to emergency calls.

Do I need a law degree to practice law?

Once you have graduated from law school, you'll have a law degree, but you must pass the bar exam in your jurisdiction to practice law and provide legal representation. The bar exam differs by jurisdiction, and the difficulty level can depend on how complicated the laws of the jurisdiction are. The purpose of the bar exam is to assess if an individual is knowledgeable about laws and therefore able to practice in the field.

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History

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Examining how the past has helped to shape and define our present—here in the United States and around the world—will help you put into context our current justice system and laws. From a practical standpoint, history majors are also tasked with lots of research and writing and must learn to draw conclusions base…
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English

  • Having a strong command of written and verbal skills will take you far as an attorney whether you're writing, researching or speaking in court. Analyzing great works of literature and historical texts from various cultures and time periods is great practice for the hours you'll spend in the law library.
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Philosophy

  • Philosophy majors delve deep into the study of logic, ethics, and morality—areas of thought that also happen to be the cornerstones of law. You'll debate with classmates, present arguments and do a lot of research to support your case, which is not all that different from what lawyers do to prepare for court.
See more on discover.com

Political Science

  • Of all majors, this may be the closest to a "law school" curriculum as you can get. In this major, you'll study political systems, public policy, international relations and the relationship between government, the law, and individual rights, among other things. You're required to analyze various written documents and data sets (think ancient texts to social media posts) and will learn to thin…
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Economics

  • Not only are economics majors trained to think logically and analytically, but economic policies and procedures, as well as how resources are distributed and managed, are topics closely connected to the legal issues you'll encounter as a lawyer. Any major that has you summarizing qualitative and quantitative data to solve problems is good training for your brain to seek out evi…
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Business

  • General business knowledge can be applied in almost any industry, and that holds true for aspiring attorneys as well. A business major is a good option for those who plan to go into corporate law. That said, be sure to supplement business fundamentals with humanities and liberal arts electives so you can train your analytical and critical thinking muscles, as well as pra…
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General Tips

  1. Consider majoring in a discipline that is related to the type of law you want to practice. Since you don't have to declare a specialty during law school, building a background as an undergraduate i...
  2. Choose a major or take electives that are heavy on research and writing. As mentioned earlier, those are the critical skills that will help you most in law school.
  1. Consider majoring in a discipline that is related to the type of law you want to practice. Since you don't have to declare a specialty during law school, building a background as an undergraduate i...
  2. Choose a major or take electives that are heavy on research and writing. As mentioned earlier, those are the critical skills that will help you most in law school.
  3. Whichever academic route you take, maintaining a strong GPA is essential if you aim to attend a selective law school program.