Sam Zell: Get a Law Degree
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- Опубликовано: 11 июл 2022
- Sam Zell, Equity Group Investments founder and chairman, says his best career advice is to go and get a law degree, even if you have no interest in practicing law. He's on "Bloomberg Wealth with David Rubenstein." This was recorded June 22 in Chicago.
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He's right. Getting my law degree (even though I didn't have the passion) was probably one of the best strategic decisions I made to benefit my career long term. The skills and knowledge you gain are adaptable and useful in areas of business, investment and politics.
Agree 100%- cool to hear someone at the top strategize their law degree from rationality
The point sam’s making: you are not going to be an entrepreneur without a knowledge of the rules of the game. Law school teaches you that.
Also you don’t need to go into debt, do well on the LSAT go to a 50-100 school in the night program on a 75% scholarship and keep your day job.
law school and a day job is a nightmare...!
Read his comment and think about what you do during the day, other than working at say, Target.
Excuses. 🤣. I ran a shipping agency and got my MBA. Stop bitching and just make it happen.
@@nunya973MBA student here, also working full time. You cannot work during your first year of law school. It’s much like medical school. Just fyi. An MBA is not on par with a law degree. Whatsoever.
Technical, financial and data engineering these are valuable however, I would not deny that by studying law your start to understand much better how the institutions in a given country works and what you need to do to have access to these institutions without wait long time.. know the rules first and how to apply them in your favour however, a lawyer only needs to know the exceptions within any given legislation.. only the exceptions and with that help your clients achieving what they want..
I wander, how Italian:
FOOTball ("Soccer"/FOOTie/"Calcio"); could: get more: Investment/investor's??
-(M.K.S.).
Absolutely! It is, in fact, barely possible to get a law degree--tuition, books, and living expenses--for only a quarter-million dollars and three years of your life! Lawyers then hustle to get jobs paying $22.00 per hour doing "Temporary Document Review Projects" while trying to repay hundreds of thousands of dollars in student debt! It's a fantastic ROI!
Learn how to sale professionally stop complaining. Leverage the law degree to your advantage.
Also don’t pay money to go to law school. They give out rides like crazy.
@@youMatterItDoesGetBetter No. . .predatory law schools like to give "conditional scholarships". This means that the scholarship lasts for the first year, and then most recipients are told "your GPA is too low to keep your scholarship, now you can spend 200,000 in tuition, books, and living expenses for your next two years of Law School. People get burned on these predatory "scholarships" all the time.
studying law is good. but law degree itself is bad. the colleges are no longer good and self education improved alot. u could be MORE educated in less time and save ALOT of money if you self educate on law.
"Go to law school with no interest in practicing law." is by far the worst advice I have ever heard. Everybody can't be a SAM ZELLE or DVAID RUBENSTEIN. That advice will lead you down a dark road of DEBT.
It does not seem like a financially wise way to handle your career. However, there are plenty of people who go to law school without intending to practice law. For example, many of the top sports agents in the U.S. attended law school but did not actually practice law.
@@damonmoorepage I agree. But definitely a risk not worth taking.
Oh, absolutely. Go to law school and you will be a rocking Sports Agent Like Tom Cruise in Show Me the Money! I am amazed and people's stupidity. . .you would have a much better chance of winning the lottery than becoming one of "the top sports agents in the U.S." with a law degree. . .or ever getting into the field in the first place.@@damonmoorepage
@@qundraygray thats subjective though
Both Zell and Rubenstein both tgot their law degrees but didn’t end up in Law as their careers. 🧐🥴
Well they know how to navigate the business landscape with our getting taking advantage in deals.
Because law opens many opportunities
ترجمة إلى العربية
Lol
Comical
'even if you have no interest'
so you want students to lie to university admissions en-mass about being passionate in a subject they don't want to do, just to end up unemployed because it wasn't an ivy league that accepted them? 🤣this boomer's advice is out-dated.
Don't need to go to the IVY league. That's a misconception. IVY league give the prestige and higher starting salary but it's not necessary. Most lawyers gets 6 figures within 5 years or less.
He did not say students should lie to university admissions. Law school admissions committees know students will attend law school and never actually practice law. It really is okay to say you want to be a state legislator, activist, sports agent, Human Resources director, real estate investor, entrepreneur, or any number of other things that people do after graduation. It is also okay (but not necessarily advisable) to apply to law school without having any idea of what you are going to do when you leave.
it's called strategic thinking and tbh you have no idea how beneficial a law degree is until you launch your career. law has definitely helped him navigate through real estate investment very well.
@@maestro1168 You are so wildly out of touch with reality that you should go into stand-up comedy. I am a six-figure earning lawyer, and was 10Y ago before the dollar collapsed, back when 10 figures a year was actually good money. It was VERY difficult to get there and took more like 15Y, and a lot of hard work, and a fair amount of luck. A modern US law school grad is far more likely to earn $22.00 per hour doing "Temporary Document Review Projects" than six figures, ever, in his or her lifetime.
Law degree? Do something useful like engineering.
You are an arrogant fool.
Masters in Biotechnology
Not everyone loves math or is good at it. Law degrees are great for liberal art students.
Yea because I’m good at math and physics 😂
a degree in engineering is not as useful unless you want to become an engineer. If you want to learn how to think, strategize, and write critically, then a law degree is the way to go. Those skills are highly sought after and transferable.
You are not a real lawyer until you serve time as a public defender.
disagree lol