« on: February 11, 2010, 10:26:20 AM »
I am a 30 year old CPA going to law school this upcoming fall.
Back in college when I told one of my accounting professors that I was thinking about going to law school ,she said if I would combine JD and CPA I could be a consultant and make an unbelievable ton of money. I heard the same thing from a new friend of mine, who just graduated from a T2 law school. I heard another unrelated guy saying that his father's friend who got a JD after CPA is an independent consultant earning almost $1,000 an hour.
This is my anecdotal evidence. Basically it looks like JD/CPAs are highly valued, I think mainly because JD/CPAs understand both sides of an issue - economical and legal. It is kind of like the three blind men with the elephant. You can see a lawyer or an accountant as a blind man with an ability to touch. Lawyer touches elephhant's leg and says that the elephant is a tree. Accountant touches the elephant's trunk and says it is a snake. But JD/CPA is more like a person with only one eye blind. And in the land of the blind a one eyed man is the king.
I am going to law school because I love law, but it appears that JD/CPA is a great combination, especially when demand for highly qualified professionals starts to go up with massive baby boomer retirements.