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About testcase

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  1. I wrote my first law school paper in the format of hypothesis - method - results. Ended up doing ok in law school, all considered.
  2. I have never done this and would discourage any reader on this board from doing this. See:
  3. Generally true, but if one were to take this into consideration, one should also keep in mind that some firms in Toronto basically guarantee partnership after 5-6 years while others would potentially make you a partner 8-10.
  4. Ultimately how much you'll be paying will depend on a number of factors, i.e. how much you borrowed, interest rate etc. Your personal circumstances may dictate your ability to be flexible with your debt, but a couple of concepts to think about at a high level: Your PSLOC's rate will likely be lower than the rate on your mortgage as your mortgage is secured. Your provincial and Canadian student loan rate will likely be higher than prime (although this depends on the province) and potentially higher than the PSLOC rate. Rank the order in which you'd like to pay off your debts so as to minimize the interest that you're paying. Assume a rate of return on your savings that is realistic, compare that against the payments noted above. Does it make sense to pre-pay on certain debts or invest that cash? Consider flexibility of your loans. Government loans can likely be pre-paid in whole without penalty. Does it make sense/is it possible to make a draw on a line with a lower rate to pay off a line with a higher rate? You may be able to defer the payment of principal on your government lines.
  5. Keep in mind that recruiters from the big firms talk to each other, so applying to both BJ's Calgary and Toronto might not be the only way to tip them off; applying to both BJ's Calgary and Blakes Toronto might also.
  6. Hard to say but I agree with the general sentiment being conveyed here that these rankings are useful but not definitive.
  7. The point that deal size does not necessarily equate to complexity is a good one, but it should be kept in mind that this would really only be applicable if you were comparing one deal to another deal in a vacuum (and keeping in mind that rankings are by practice area, so an M&A deal shouldn't necessarily be pitted against a corporate finance deal). As a general matter, a firm ranking in band 4 in Corporate Finance isn't going to get a $2 billion capital markets mandate (or many capital markets mandates at all) in the first place. So if you were to consider where to practice in terms of long-term career development, you would see a greater volume of deals (and by extension, a greater volume of complex deals), a wider range of clients and more people to learn from at a firm that ranks band 1 in corporate finance instead of band 4 in corporate finance.
  8. On a less serious note, and in direct response to your question, concrete takes 7 days to harden to 75% of its design strength (as a rule of thumb).
  9. I am aware of *edit: at least* one securities lawyer who got his/her CFA while working as a lawyer.
  10. That's news to me, but my experience may be limited. I do know folks who've been bumped down a year and folks who've been asked whether they prefer to keep their year or be bumped down.
  11. You typically get bumped down a year if you make the move from Bay to NY.
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