Re: The "Grey Ceiling"

BMJ wrote:
rrc wrote:
All and all, it points to the path, once again, of medicine and law where the
"specialist" is in fact the person with the experience and licensing requirements.

But with creeping corporate medicine, this may be becoming more difficult. I don't
know about law, but it wouldn't surprise me if the same applied there as well.

Yeah, but corporate medicine hasn't been able to flood the market with
cheap MDs. All it's done is created an HMO backlash which hasn't helped
in MBA-izing the medical profession. The AMA is the gatekeeper here.

I've seen from older doctors that much of their issues are related to
the loss of overall insurance/HMO billing power but not the loss of
career options and potential. The key is try to ignore these issues and
keep enough PAs/RNs around to get the lowest hanging fruit out of the
way. All and all, the most run of the mill physician is still employed
in some capacity.

In law, *big* law is a closed shop (ivy league/Chicago/Gtown) whereas
small law is still available for entrepreneurial types. The worst
lawyer I knew, from the undergrad GPA/LSAT pov, had a $110/hr billing
rate and this guy didn't get any internships (or offers) outta a bottom
tier ranked law school. He'd worked his way through the paralegal route
part-time. On the corporate end, in-house counsels, IP attorneys, and
tax men have high enough median salaries and the ability to hold onto a
specialist title w/o fear of losing one's career which is in effect for
many technical S&Es out there.

So, if one's a corporate workaholic, it makes sense to go this way than
in enduring rounds of getting passed over for promotion.

Then again, even if they're aware, they'll opt for the Wharton, LBS, or Harvard MBA
as a cureall for any challenges to getting up the ladder.

Back then, MBAs were becoming popular.

A lot of people still believe in them and the myths persist.

.