Law Schools

Like Most of His Joint MBA-JD Peers, Romney Pursued Business Rather Than Legal Career

GOP presidential candidate Mitt Romney has something in common with the late investment banker Bruce Wasserstein, Boston Beer Co. founder C. James Koch, and litigator Theodore Wells Jr.

The men were among about 500 graduates of Harvard’s joint JD and MBA program, the New York Times reports. Romney wanted to go to business school, while his father wanted him to go to law school. At Harvard, Romney was able to do both. He graduated from the four-year program in 1975.

An average of about 12 people a year complete the program, the story says. To gain admission, students must first be admitted separately to the law and business schools. More graduates have gone into business than law. Lawrence Golub, chief executive of the Golub Capital investment firm, speculated on the reason.

“One learns that the life of associate at a big corporate law firm is demanding, unpleasant and not as lucrative as what you can do on the business side,” Golub told the Times.

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