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While these two dialogues feature Socrates questioning Alcibiades (a youth - apropos of nothing - for whom the philosopher has the hots,) they're different. While it's not certain that either was written by Plato, it's much more widely accepted that the first dialogue was so authored. I found the first part to be the more engaging read.
In Part I, Socrates urges Alcibiades to put off going into politics (as the young man is about to do) until he's more enlightened on the subject at hand - i.e. justice, expediency, and virtue as it pertains to matters of war and peace. In the second part, Socrates convinces Alcibiades that the subject of prayers should not be taken lightly, leading the young man to delay his sacrifice and prayer to a time he can be wiser about it.
The first part is more piquant. In it, Alcibiades on occasion seems to be holding his own (rather than being a talking head.) A great example of this can be seen after Socrates makes clear that Alcibiades' education in language, the lyre, and wrestling hardly qualify him to advise Athens on matters of war and peace. Alcibiades turns the tables and asks whether it isn't possible that he could attain the requisite knowledge of justice other than through formal education. Socrates admits that he could by discovery, but just when Alcibiades thinks he has the point, Socrates argues that the only way Alcibiades could make a discovery was if there was a time that the youth didn't think he already knew. Socrates goes on to show that - even as a child - Alcibiades labored under the impression that he knew what was just.
The most interesting topic of the second dialogue is the question of whether lack of wisdom and madness are the same thing. In , Socrates explores several varieties of divine madness, and I wondered how closely this dialogue might echo that one. (It doesn't because it's more about madness that's not so divine, but Socrates does refute Alcibiades' equation of the two concepts.)
Definitely read First Alcibiades, and if you have time, the second one makes some intriguing points as well.
