Would being a lawyer help me to embrace a career in venture capital?

[opinion] As a lawyer myself, I would probably take the bar exam and be a lawyer if I were in your shoes. At least I won't potentially jeopardise that career by delaying. After qualifying for practice, you could still find ways of getting into VC. Like Shane Lewin already explained, law into VC isn't a common route anyway. [/opinion]

I wouldn't delay your law career in order to become a venture capital investor. What's more important is having a multi-disciplinary background. Based on your strategy, your law degree will make you an appealing candidate for a top flight business school. While you are in business school, find one which offers an MBA degree in Finance with an emphasis on Entrepreneurship. Sign up for coursework that embeds you in an Entrepreneurial team or, alternatively, sign up to be part of the Legal Advice program that many universities offer for entrepreneurs and startups. Then you will find out whether you enjoy working with entrepreneurs. Determine whether you want to work with technical entrepreneurs or business-to-consumer entrepreneurs. There are big differences in personalities and funding requirements. You will also discover that entrepreneurship requires you to be able to think like everyone seated around the business table: cross-functionally. Look for internships with VC firms as well. Make sure you really enjoy all aspects of being a venture capital investor. The really good firms, and the really good investors, have a multi-discipline background.

I'm a lawyer that has worked in finance/private equity for the past two years.  Being an attorney/member of a bar has not specifically helped me with jobs, but it has helped in that the previous work experience was beneficial to current positions.  If your route to VC isn't as an entrepreneur or through finance as pointed out, a possible route as an attorney may be working at a VC-focused firm, and then parlaying that experience.  Having seen many cases of law school regret (admittedly, mostly brought about by loans), I would say go take the French bar only if you want to be a French lawyer.

There are some VCs with law degrees, but it's unnecessary.  VCs outsource a lot of the legal process to top tier law firms because that's not how they add value to the system, and thus get paid. As a VC, you do need to understand about confidentiality agreements, non competes, sales and purchase agreements, term sheets, etc. However, VCs generate returns from sourcing, selecting and governing great companies.  There is some law in there, but not too much.  As a shameless plug, here's a video series I did on my experience as a junior VC that may answer a few other questions on your mind: http://www.lifeguides.me/guide/career-as-junior-venture-capital/If-you-work-hard-and-have-a-true-passion