Does McKinsey pay for law school?

Asked by: Esperanza Gutmann  |  Last update: August 24, 2025
Score: 4.1/5 (72 votes)

The Firm will subsidize post-BA education to the equivalent of a two year MBA, so a big US law school will mean you'll have to pay for the third year pretty much on your own. You also have to agree to come back after your JD and continue at the Firm (or pay back the school loan).

Do law firms ever pay for law school?

Many firms also offer tuition reimbursement programs, with the expectation that the funded paralegals will become their next practicing attorneys after graduation. However, not all firms will have the capacity to fund your studies.

Does McKinsey pay for business school?

Near term, McKinsey also provides a 50% tuition reimbursement to returning interns. Long term, Bain opens up profit sharing after three years. Since base pay and sign-on bonuses are rarely negotiable, firms dangle unique perks to distinguish themselves among MBA or PhD graduate.

Does McKinsey sponsor JD?

We consider APD candidates those who are PhDs, Postdocs, JDs and non-MBA Master's students finishing programs in 2025 (with at least 4 years in between the completion of your undergrad degree and graduate degree) and medical students, interns, residents or fellows finishing programs in 2025.

Can I work at McKinsey with a law degree?

Our team is comprised of approximately 200 lawyers and legal professionals across nearly 50 countries who come to McKinsey from leading law firms and corporations.

How I Lost My Job at McKinsey

22 related questions found

How much do McKinsey lawyers make?

The median yearly total compensation reported at McKinsey for the Legal role in United States is $204,850.

Do legal consultants go to law school?

Legal consultancy is a wide-ranging field that includes lawyers, but a law degree isn't always necessary to work in the field. What skilled consultants have in common is extensive knowledge of the law, whether in general or within a specialty.

Does McKinsey pay well?

McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000.

Which McKinsey office is hardest to get into?

Like all the MBB firms, McKinsey has offices worldwide, but its presence in Germany, Dubai, and China overpowers competitors both in numbers and in the range of expertise offered. Some of the most competitive offices to break into include McKinsey New York, McKinsey Chicago, and McKinsey Boston.

What is the lowest position at McKinsey?

The McKinsey hierarchy structure progresses through a range of roles:
  • Business Analyst (post-undergrad)
  • Associate (experienced hires or post-MBA)
  • Engagement Manager (experienced hires with 10+ years of experience)
  • Partner (including Associate Partner, Partner, and Senior Partner).

What is the lowest salary in McKinsey?

The lowest-paying job at McKinsey & Company is a Design Director with a salary of ₹2,99,041 per year (estimate). McKinsey & Company employees attributed a compensation and benefits rating of 4.3/5 stars to their company. Read what they think about their salaries on our Compensation FAQ page for ​McKinsey & Company​​.

Which university does McKinsey hire from?

Now back to what McKinsey is looking for. They recruit at elite schools like Harvard, Cornell, Dartmouth, Yale et. al.

Is it prestigious to work at McKinsey?

McKinsey is one of the most, if not the most, prestigious consulting firms in the world. McKinsey creates immeasurable value for its clients, influences how the business world operates, and produces many of the world's business and political leaders.

Do law firms pay for law school UK?

Many firms offer to pay their future trainees' PGDL and SQE fees if they've been recruited at undergraduate level. Some will even retrospectively pay those fees if a recruit has already started one of the courses. In addition, several firms also pay a maintenance grant to students while they're studying the course(s).

Who will pay for law school?

The primary funding options are Scholarships and grants—the “free” money this is either funded by your law school or funded by private organizations, civic groups, etc.; Loans which can be federal loans or private/alternative/institutional loans.

Who gets paid the most at a law firm?

  • Intellectual Property (IP) Lawyer. One reason IP lawyers are some of the highest-paid types of lawyers is that they require very specialized knowledge in distinct fields. ...
  • Tax Attorneys. Tax codes are complex. ...
  • Trial Attorney. ...
  • Medical Lawyer. ...
  • Patent Attorney. ...
  • Corporate Lawyer. ...
  • Real Estate Lawyer. ...
  • Family Lawyer.

Is McKinsey more prestigious than Big 4?

The most prestigious firms are McKinsey, Bain, and BCG. Next most prestigious are "Tier 2" firms such as Kearney, Accenture, and LEK. This tier also includes the strategy consulting arms of the Big 4 firms, including Deloitte Monitor, EY Parthenon, and PwC's Strategy&.

Is it stressful to work in McKinsey?

McKinsey consultants are known to be amongst the hardest working in the consulting industry, which is saying a lot. If you're looking for a chill 40-hour workweek with no weekend work, McKinsey is not for you.

What is the best degree to get into McKinsey?

McKinsey is among the biggest employers of MBA graduates, hiring over a thousand MBAs globally each year. Brian Rolfes, McKinsey's global head of recruitment, says MBA hiring is integral to McKinsey's recruitment strategy.

What are the odds of getting hired at McKinsey?

While it's difficult to provide an exact acceptance rate for McKinsey job offers, it is estimated to be around 1-2% of applicants. However, the acceptance rate can vary significantly based on individual performance and the specific office and role being applied for.

How much do McKinsey consultants make UK?

How much does a Consultant make at McKinsey & Company in London, England? Average McKinsey & Company Consultant yearly pay in London, England is approximately £69,754, which is 21% above the national average.

How many hours a week do McKinsey consultants work?

The Baseline: 60-70 Hour Work Weeks

For most consultants, the norm is a staggering 60-70 hours per week.

Do some law firms pay for law school?

Many firms pay for tuition, but expect you to place practice matters ahead of your course work, while a few firms reduce your hours and place a few layers of protection around you, so you will succeed at law school, as well as, in the practice. A key consideration is your salary once you graduate from law school.

Do consultants make more money than lawyers?

Key Comparisons. Compensation: 1st-year Associates at top tier law firms earn ~20% more than Associates at top tier Management Consulting firms. However, after 2-3 years, compensation is very similar at top tier firms in both industries.

What to do instead of law school?

California. An apprenticeship in California must contain four years of studying in a law office with a supervising attorney that has at least five years of active law practice in California. You will need to study a minimum of 18 hours a week, with five of those hours being under the direct supervision of the attorney.