Law degrees and horse racing?

[Merlinsky]

A horse crazy friend of mine has been accepted into law school but is having pangs. She wants to be involved with Thoroughbred racing, breeding,etc., has been obsessively following it for years now and studying pedigrees. She's really torn about whether waiting three years to get into the industry while suffering through the rigors of law school will be worth it. How useful is a law degree in the sport and what would you say are the most interesting opportunities for someone with a law degree (legal and non-legal)?