In-House Counsel, LSAT

If You Want To Work In-House With A Quant Fund, You Better Have A Booming LSAT Score

For some people, the thought that their LSAT score will follow them around for years and years is really terrifying. For other people, they had parents who emphasized the importance of doing well on standardized tests.

A better LSAT scores gets you access to better law schools that give their graduates better opportunities to have successful and lucrative careers. That’s just a fact. It doesn’t mean those people are smarter. It doesn’t mean that people with bad LSAT scores can’t go on to be every bit as successful as people with great scores. It’s just that people who score very highly on standardized tests can coast on that for a long ass time. It’s always easier to sail with the wind.

It’s all a question of opportunity. Having a good score opens more opportunities, and having a poor score will close some doors that you’ll have to find some other way of kicking down.

Of course, there are some doors that people will low LSAT scores won’t be able to pry open with a crowbar. LSAT scores for June are out today, and if you want to work at a well respected hedge fund years from now, you better make sure your score is up to standards….

Two Sigma’s attorney ad asks for something that most people haven’t had to produce since they were applying to law school:

The ideal candidate will have 3 to 4 years of experience as an associate at a major U.S. law firm, or in the legal department of a similar organization, with litigation and a keen interest in learning numerous areas of the law. A working knowledge of hedge funds and applicable securities regulations is encouraged. Candidates must possess exceptional verbal and written communication skills, an aptitude for building business relationships and be an efficient and self-motivated multi-tasker. Familiarity with corporate governance, management company and fund structuring is also a plus. Candidates must provide a resume and writing sample, as well as their GPAs for all degrees and LSAT score.

Now, Two Sigma is a quant hedge fund, so it’s not unusual for them to ask for test scores for a lot of their people. It’s unusual for lawyers with three to four years of Biglaw experience to have to show their LSAT scores, but that is how these guys roll.

On the bright side, if you have the kind of LSAT score that you would be embarrassed having to show everybody, you probably have no chance of working at Two Sigma in the first place. It’s kind of like going to a porn producer and asking if your penis is big enough to star in the film: if you have to ask, it’s not.

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