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  1. Mar 7, 2024 · Investment banking and law require many of the same skills, such as a strong work ethic. Rookies in either field can expect to face long hours and demanding superiors during their first few years.

    • Greg Depersio
  2. Aug 21, 2024 · The starting salary of most investment bankers in Chicago ranges from $70,000 to $120,000, which goes up to as high as a million dollars per year, including the bonus for a managing director and above. Below is a chart that depicts the average salary of a few investment banks in Chicago. Source: indeed.com.

  3. Nov 21, 2014 · If you want to geek out on math, be a quant. I've done both lawyer and banker. I did both advice law (tax) and execution law (M&A and ECM). I prefer banking. You see the underwear of the economy more in banking. london-monkey - Investment Banking Associate: You should only go into law if you want to be a trial lawyer (i.e. arguing in court).

  4. Jun 22, 2022 · Difference #1: Industry Focus. Investment banking industry groups tend to be “headquartered” in different cities: New York – Generalist. Chicago – Industrials and some Consumer/Retail and Business Services. San Francisco – Tech and Healthcare, along with some Financial Sponsors Groups. Los Angeles – Real Estate (“Gaming & Lodging ...

  5. Jul 26, 2024 · Investment Banking vs. Law: An Overview Investment banking and law arepopular career paths for ambitious young people who want the chance to pull in a good salary right out of university. Because these career paths draw from the same broad talent pool, many students face initial difficulty choosing...

  6. Jun 12, 2024 · Corporate law is usually easier to break into than investment banking, but you need a firm foundation first. Corporate law requires a strong command of the English language, while investment banking is based on math and finance. Corporate law can be more stable, but investment banking can be much more lucrative.

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  8. Aug 9, 2023 · Investment banking is a financial service that helps corporations, governments, and institutional investors raise capital. Investment bankers advise on investments, mergers and acquisitions (M&A), and corporate restructuring. They underwrite new equity and debt securities for their clients, provide asset management, and assist companies in ...