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All of them do understand law. Lawyers are just for paper work, glorified stenographers.
Paperwork is done by juniors. Let’s broaden the scope of β€˜Lawyers’ beyond just associates :)
IMO investment banking pays almost double but the work hours are similar in both professiosn
FALSE. Law firms don’t charge transaction commission. It’s deemed as success fee and is prohibited for lawyers. We charge a fixed fee / hourly rates.
IBs are deal makers and Lawyers are deal breakers!
Corporate law is as similar to investment banking as a German shepherd is to a German salad. Same holds true for the pay.

Bottom line: if you wanna be a Wall Street bro, then study what Wall Street bros study, ie STEM and MBA.
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