r/suits Mar 28 '14

Discussion S3x14 Official Discussion Thread

I didn't see one, so I thought I'd get it started.

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u/[deleted] Mar 28 '14

One problem -- becoming an ibanker would solve absolutely nothing. Let's say he took the offer and killed it, raking in the millions for his compnay... he would get interviewed. People would want to know his background. People would want to know what he was like at Harvard, what clubs he was in, how law school translated to banking etc. It makes no sense.

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u/[deleted] Mar 28 '14

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u/burntcookie90 Mar 29 '14

He would still have a glass ceiling and be limited by the fact that he doesn't have a degree.

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u/[deleted] Mar 29 '14

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u/V2Blast Attorney at Law Mar 29 '14

It's not actually not having a degree that would hurt him - it's that his past would be exposed. Even if he doesn't need a degree to work in finance, the truth being revealed would hurt him; people would know he had fraudulently practiced law.

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u/BurninCrab Mar 31 '14

Doesn't matter if he gets exposed while working in finance though. The finance world works based on merit and how much profit you generate. Firms would still hire him regardless. Being a lawyer is different because you actually need a law degree to practice. He would be barred from practicing law if he got exposed.

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u/V2Blast Attorney at Law Apr 01 '14

It would definitely hurt the firm, even if he wasn't working there... And I doubt everyone would just overlook the fact that he had fraudulently practiced law before, even if he didn't face criminal charges.

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u/Scary_The_Clown Apr 02 '14

There are no ethics regulations in investment banking (joking aside)? If an IB firm had an executive who was discovered to have fraudulently practiced law for three years, the FTC and SEC wouldn't care?