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mazzystar

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  1. You should check out this program run by UVic. Its a shared articling program where you get rotated to different firms/groups. I'm in the same boat as you although I enjoy the constitutional dimension. I assume you were exposed to the GHG case? There's just going to be more of these types of cases and litigation on the subject; many with different angles. For example there's another case called La Rose v Canada which is a private action brought on by kids against the government, and its going to the Federal Court of Appeals. Anyways here's the link to the program. https://elc.uvic.ca/programs/articling/ Interesting that you brought this up. In the US, prosecutors do not have discretion because of fiduciary obligations under something called the public trust doctrine. State AGs must bring action on the people's behalf if citizens are petitioning for it. It leads to pretty interesting situations where you have GOP governors being forced to bring action for causes they completely oppose. E.g. the Gulf Oil Spill saw southern 'business-friendly' states sue BP, against the wishes of their state governors. We are a little behind, but we probably will be getting there given how prominent environmental law is becoming due to the ecological crisis. I'm always met with old-timers in the field who are pretty skeptical or dismissive of the political gravity of the ecological situation generally, including within environmental law itself. But its a simple matter of time until it becomes the only issue that matters and where everything has to square up with the environmental movement.
  2. Knew a compliance specialist at a place I use to work at. They do very different work; and lot of their work requires understanding automated compliance systems if you want to do a closely regulated industry like the banking/financial sector. The guy had a business degree and was very knowledgeable but I don't think you needed legal knowledge necessarily.
  3. Yeah. Different state of mind then, and re-reading it the tone reflects a moment of self-loathing. Felt the need to vent last week, all part of the natural cycle of catharsis we need in our lives. Usually I don't linger in that state of mind and take to mind a very good advice I learned a long time ago, to always have a side hustle so you can keep going forward. The debt burden wouldn't be much, research LLMs are not that bad in tuition, but for now I'll try to navigate it one step at a time. Both. Policy side I am also interested in. Just that the avenues don't exist yet in this field.
  4. all of these are fairly normal feelings. eventually these things become second nature and at most you become a withered emotional husk from the stress, but one that is very capable of processing legal arguments. jking aside, public law is a different beast for some because its more policy oriented. i usually just read the textbooks since it explains philosophical concepts well. my year a former attorney general taught us, and who was more into telling stories than teaching.
  5. honestly I'm not being sarcastic. just wanted to inject some fun into the otherwise incredibly mundane world of business law. i'd recommend you become a criminal defense attorney if you want to have fun. afterall nobody makes movies about any kind of corporate lawyer but they do make lots of defense lawyer movies. in my opinion its also the field of law where you meet the most colorful personalities since you are a true underdog within the system. yes, true. experience though does go a long way and alot of firms seem to value business degrees since most of them can already read accounting statements and have basic knowledge of their industry. imo this type of casework in financial law can also be much more boring, especially OSC/securities law type stuff I'd imagine. just endless piling on of forms and disclosure reviews. still think working in a hedge fund, i'd doubt you'd be able to count the number of law students with that bracket checked off and lots of firms would want someone with that level of insight.
  6. Do you have a degree in finance? there's counsels working for banks who don't do the big law articling route if you wanted to work in house anyways and want to work in the financial sector.
  7. Are you talking about Zoom School of Law or real Law School? I have done 0 readings this semester. Most of my friends in 3L are in the same boat. 🤷‍♂️
  8. If he's fighting for the pension funds or whatever else in financial markets, chances are the poor, helpless corporation or bank he's going against will probably have the power to manipulate entire markets and industries. Investor-side litigation isn't necessarily the McScrooges squeezing out the helpless, innocent bankers since the financial sector's main movers have very concentrated power and abroad they were quite scandal-filled the last decade. I mean if anyone remembers the LIBOR scandal, there's very strong evidence that a bunch of UK banks milked billions out of canadian pension funds and mom and pop investors and nothing was done about it in Canada. I for one would welcome @elpolitomijo becoming a robinhood-esque lawyer.
  9. You can still do this kind of work, be the good guy FBI in a Wolf of Wall Street tale. You have experience with the operational side of private equity, trust me its much more than 99% of any incoming lawyer so you'd get an OSC job. They do enforcements and their most recent regulatory revision I think they were given more power. Not to forget civil action is still a valid path, you can avenge the unions and ordinary people. I assume you know about the chatroom rate-rigging scandals that plagued the financial industry in 2010s. Well, here's an interesting revenge story of them taking on the big banks. Its one of the most important cases I think that's emerging right now. https://www.mondaq.com/canada/financial-services/954714/superior-court-certifies-10-billion-foreign-exchange-price-fixing-class-action There's a few similar cases related to muni bonds that are hitting the US, potentially you might see these things creep up here too. Its the city governments going after the big banks for market manipulation. https://news.bloomberglaw.com/antitrust/goldman-citi-bofa-others-to-face-muni-bond-price-fixing-suit
  10. So, just going to ask for some advice. I didn't get an articling position this recruit, and I think its reasonable to say that alot of prospects are drying up. My grades in 1L was a B-ish average, mostly B+s/some As in the core courses, a C in one and an elective where the prof gave me a D grade after failing me the first time (I'll spare the details, but repeatedly tried to appeal since I thought the prof was biased as he gave everyone B+s). 2nd year I didn't have that many grades due to COVID, but did get a B+, B+, B, A- and C+(long story, came to an exam 40 minutes late and missed questions and also nearly missed another exam). Reason I mention it is since 1L and until now, every exam and assignment I have struggled to find any kind of motivation and now procrastinate until days before. This is getting worse. Its not universal because my work ethic outside of school is still decent, and my interest in law isn't gone since I will still read non-school legal reports/papers out of pure interest. Low-level depression is fairly common these days anyways and I am familiar enough with mental health to know how to break the mindset. Anyways its worth mentioning I worked in research part-time during both 1L and 2L, didn't publish anything though and my CV is pretty specialized. There's a clear theme that emerges due to my work experience and grad degree where most people assume I am gearing for a specific subfield of law. I got interviews in one niche, but not many when it comes to more generalized areas of law (e.g. civil litigation, general commercial, insurance defense etc.). Anyways the dilemna I have is this. I think the best career move for me would be to apply to LLMs since the remaining opportunities I feel I'll just get filtered out and are in things which I just have no experience in. The research topic I have in mind is also quickly becoming a pretty important subject matter with very little expertise or people working in it and there are specific professors I'd reach out to. Problem is I am not sure if my complete apathy would disappear and I'm worried a B average I won't be able to get any research funding. On the other hand if I was working I'll have much better motivation + can normalize my habits but would be working in areas of law which I have limited prospects and interests in.
  11. Think its more to do with the fact that our reforms/legislation/oversight hasn't really kept up to pace with things.
  12. Agreed. Also think more unity or oversight is needed to deal with the big problems like going after monopolistic tech and social media. To me it seems like our agencies operate in siloes while the problems we face overlap significantly.
  13. By the way OP, you'll start to get a sense of why we have so many oversight problems when you start learning about how our constitution/powers are split up. Canada is the most decentralized democracy and so many things are effectively outside the control of the Federal government. Historically this is why our Federal government has been so weak and Ottawa has been undeveloped compared to Washington or London. Whenever anything emerges, there's infighting between Feds and Provs and everything stalls. Look at the Greenhouse Gas Act for example. With that said, its only a matter of time when we start facing more issues on a national scale where we would need more unity in governance. Things like privacy, data, etc. are pushing us there but things against have been so lackluster.
  14. I mean US antitrust has been pretty weak the last few decades, but the organizations that are bringing action are much stronger than in Canada. Lots of operational issues here that mostly has to do with poor government funding. But for example, they brought billions of dollars in fines against the big international banks for collusion, which Canada did not despite it affecting us. Securities regulations is another topic and Canada is quite abysmal at this. We are not prepared to anticipate/react to another financial crisis similar to 2008 because there's no agency that has market-level oversight or surveillance.
  15. Well the difference is how strong they actually are. The Competition Bureau has to get court orders to do anything, including getting disclosures from companies, and they have limits on what kinds of monetary penalties they can impose. The types of cases you see brought to action in the US, you'll find companies and industries get fined billions and see them take on big tech. Competition Bureau has hard limits of how much they can penalized, the cap is a few million. Competition Bureau, OSC and others also on the other hand have budgets less than $10 Million and are usually stretched thin. Neither do they really have power to go through industry-level oversight or order-making, which is a big problem given how scandal filled the financial sector has been with various rate-rigging or market manipulation issues.
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