Here is my career:
I'm a CPA and I work at PricewaterhouseCoopers LLP in the New York City office. My title is Senior Associate, I have a couple of people under me and I make in the mid 60's (although I am probably worth 75 -80k in the market right now). I do a lot of tax compliance work although there is opportunity to work in consulting. My clients are all hedge funds and private equity and I am involved in structuring and international tax. I'm almost done getting my Master's in Taxation and will graduate this summer.
In about three years I can make manager and be making six figures or I can drop everything and go to law school. If I go to law school I know I can get a great job in the tax consulting field with the CPA, MST and JD. However, if I decide not to go I've already got a pretty good career underway.
Also, I'm extremely into real estate and use my tax and structuring knowledge to invest in properties out of state with joint venture partners. Currently I have four of these deals going on through LLCs which I've formed and eventually this is something I hope I can make my full time job. I'm thinking the law degree will help me in this area and also give me the option to one day teach Tax at a local university which I would like to do.
I know this post is scatterbrained and all over the place, but any thoughts are extremely helpful as I am very confused and will have to make a decision soon. THANKS!!!!
Yes, yes and double yes. It is a big investment in time and money, but you'll be making twice as much when you come out of school and have a ton more options than you had before. I say pull the trigger.
(By the way, I'm a current E&Y guy.)