So I have a friend (Ryalex..don't want to hear a peep out of you ), who needs some advice. What better place to ask then here. Here is the situation: For the story, we will refer to him as "Y". So Y has a undergrad degree from a good University. Y has two businesses, that does very well. Y owns 2 houses (1 has no mortgage, the other is very minimal). Y wanted to go to Law school and went through the motions. Did well on the LSAT, and got accepted to some top 5 schools. Y accepted the opportunity to go to the best law school in the country. Y would be starting there this fall and paid the deposit already. However, while Y was doing L-school applications and getting ready for the last 10 months or so, Y got into some new business ventures, that are making very good money. Y has a comfortable life and no debts. So the dilemna is Should Y go to law school, or continue to expand Y's current business in other fields? Y's motivation to go to L school isn't the money. Y is already making much more money than most attorneys. Y's life goal was to have a JD, and thus it was more about knowledge of the field. But now Y realises, spending 3 years in L school will hurt Y's business growth. Y will fall behind the curve, as far as what Y wants to do monetarily. Y also doesn't want to be a slave for 100+ hours a week at a firm, hoping to make partner in 8-9 years. WHen Y can make the same amount of money, and have things that are owned by Y, instead of working for the big firm. So is going to L school smart for Y (Y has L school $ and won't be taking any loans for the 3 years)? SHould Y instead focus Y's energy full time in business, and nurture the growth, Y's business is capable of? Or is going to L school, and being an attorney in the long run more beneficial? Or is going to L school, but not practicing, the best idea? But with this, Y would lose 3 valueable years in business, which are critical. It isn't like Y would be an uneducated rich business owner. Y does have an undergrad, but if Y chose to stay in business, Y would just be that, a college educated business owner. Whereas if Y went to L school, he would be more educated (JD). Y is also concerned with time with spouse and future kids. (Y has neither now). Y's business would allow the time with the family, whereas a 100 hour associate lifestyle might not. Then again business might be at a point, where Y would be working more hours as a business owner than as an associate. But at the end of the day, Y has something to show for as far as abusiness goes, versus being a associate at the firm. Your input/advice/thoughts appreciated. You can list the Pros and Cons as you see it.