Sam Zell: Get a Law Degree

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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[tls]

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.

[katie_otoole]

Agree 100%- cool to hear someone at the top strategize their law degree from rationality

[enzolopez]

I am enrolling to law school tomorrow!!!

[owenlewis]

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.

[bernardo]

I took a shit dregree and half assed.
My partner took law and she's becoming a judge. She's miles away from me in terms of overall competency. She could honestly do anything and do it well. I'm so proud of her.
She inspires me, and I too have a desire of proving myself I could get a ''good'' degree. Get a better job and provide for the family I want to create with her.
If your going to college graduate in something that will make you good at anything you end up doing. Or at the very least, something that will alllow you to have a good income in that field.

[cesarpanzo]

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..

[criminallaw]

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!

[m.k.s.]

I wander, how Italian:
FOOTball ("Soccer"/FOOTie/"Calcio"); could: get more: Investment/investor's??
-(M.K.S.).

[henlohenlo]

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.

[jjsansano]

Both Zell and Rubenstein both tgot their law degrees but didn’t end up in Law as their careers. 🧐🥴

[qundraygray]

"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.

[billballer]

'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.

[snittsel]

Law degree? Do something useful like engineering.

[dassa]

You are not a real lawyer until you serve time as a public defender.