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Discussion

Big 4 to Law
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Acatolaw
Posted - 06 July 2016 16:04
Hi all,

Thought that I'd get some more realistic answers here than pestering grad recruitment people. I work at the Big 4, in Audit (Banks specifically). And as many others look to do, I'm considering my options for when my three year TC at my firm finishes.

Could anyone enlighten me on how law firms would look upon my B4 experience? Has anyone done the transition (or knows if anyone who has?). I'm torn between thinking that firms will love the commercial experience/ACA qualification, but obviously there are a lot of negative connotations associated with auditors.

Any advice on what kind of firms I could target? Is MC/SC possible? Ive got a mid 2:1 from a decent Russel Group, but I guess that work experience becomes more important. FWIW I've partially completed the CFA as well.

Additionally, I'll be 25 when I finish my B4 contract - could this be a (negative) factor?

Apologies for the rambling message - happy to hear any thoughts on whether the transition is possible/realistic etc.

Thanks.
Ash89
Posted - 08 July 2016 12:00
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Your age won't be a negative factor.

Your lack of commitment to a career will be. You were with an accounting firm then qualified; and then left to go into law to qualify...

Why would a law firm want to invest in you?

Also, Audit =/= commercial experience
Laguna
Posted - 18 July 2016 14:36
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As long as you can clearly and persuasively set out in your applications & interviews why law is a better fit for you than audit, I would not worry too much about Ash89's commitment point. More money is, obviously, not a good reason.

It is pretty common for people to spend a few years in a career and then decide it is not right for them - most sizeable trainee intakes include a few people who are beginning their second careers.

Having a Big 4 brand name on your CV should only help, but your likelihood of getting a TC at a SC/MC firm will depend on luck, how well you interview and, to a lesser extent, how 'good' the Russell Group uni is you got the 2.1 from. MC/SC (and top-tier US) should all be possible, though.
Kinga89
Posted - 22 July 2016 22:57
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I am in a slightly different position to the original poster, I work in tax in a big 4 firm, specialising in employee incentives. About a year after completing the CTA qualification (which is harder than both the LPC and the ACA) things are getting a bit stale. I have a mid 2.1 russell group law degree albeit with pretty limited legal work experience. Would it be harder to justify on a training contract application why law is a better fit as employee incentives are pretty common practices in law firms?
I dont think any questions regarding my motivation for changing career would that difficult to deal with as the pay differential from post qualified to trainee would be pretty significant.