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wtamow

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  1. Can sign onto this. @Euroguy18 Real estate agents don't always decide where their client goes for legal services. They can nudge or make recommendations, but ultimately it is up to their clients. Many clients are price conscious and seek to drive down the fees. A client may not feel comfortable switching over to a new lawyer, especially if it is their agent's family member. Anecdotal: have had clients demand to go see lawyers on the other end of the GTA just to pay $50 less than the average going rate. Real estate is a very seasonal business, which means you will have dry months. If you have to pay law school loans, I would say it might be the wrong practice. Furthermore, the fraud thing is definitely not overstated. In my time, I have seen mortgage brokers and lawyers that I've personally known convicted of fraud based on scams that they overlooked. Everyone thinks it won't happen to them, until it does. All the bullshit from the whole transaction is going to flow to the bottom, and you are going to be the one who has to catch it. Which is why experience might be useful.
  2. Of course I remember, I see that school's candidates at Bay St firm tours all the time.
  3. 1. What is the purpose of the online interview? 2. I agree with @Deadpool, I think this dispels any myths about how a new law school in Ontario will increase access to justice.
  4. You will meet a new best friend at TRU.
  5. One thing I really wish that my law school would provide is the opportunity to learn more about business development and sole practices. Even in the format of an intensive or a 1-credit course, it would be a nice breath of fresh air from the usual. I've scoured the course lists for the past couple of years and there has been nothing on there that really comes close to the quality of first-hand information some people have talked about in this thread. I think other schools have resources like this, but mine doesn't. I think it would be really useful, because I remember before starting law school, during orientation week, they had a sole come give a lecture about his practice. That is one of the only things I remember from orientation week because it was so interesting and engaging to hear about how he runs his practice and the things he has done to succeed and how he's overcome failures.
  6. I want to piggyback off of this conversation by saying that there was a guy in law school who was very frequently arrogant. Honestly, I thought nothing of him. I thought he was smart and keen, and I remember him quite fondly. Didn't interact much with him outside of that. I'm not really the kind of person to negatively assign a reputation to someone I barely met, you know? But my peers? I was shocked to hear what they thought about him. He definitely has a reputation, even two years later people remember him and joke about him. I'm sure his career will go on just fine but I can't imagine being that infamous. If you think the "protect your reputation, don't be an ass" comments are just exaggerations, they aren't.
  7. I don't think students understand how true this is until their own transcript is like this. Bad grades towards the beginning is at least somewhat excusable with "learning curve, had trouble getting used to the material, etc" but bad grades in the end (especially when it is generally a less competitive atmosphere and you get to choose courses you want or take ungraded courses) doesn't seem excusable unless your excuse is "I already got a job so I decided to slack off". I also think this doesn't occur that often anyway, since law students tend to be type A personalities.
  8. I am not surprised, but I do hope they're secure in their positions.
  9. I'm also focusing on the job aspect of it, I just don't see a 2L OCI position as a secured job. You presumably have a stable, secure job that you've been working in for a number of years... but a 2L summer student isn't guaranteed to be hired back, for a number of different reasons. If you are back on the market after articling, or have a change of heart and want to switch to a different area of law, is it not in your best interest to keep your grades up? Even if you stay on after articling, is it not in your best interest to at least engage with the material that you might be working with in the future? Especially since you have a choice on which courses you should take? Not only that, but many courses in 2L/3L aren't graded credits. To me, it is incredibly irrational (and honestly scary) to just drop everything once you've gotten a 2L job. Especially since you're paying for the courses anyway, and you get to select which courses to take. What else should someone do for 16 months of law school? I'm not offended, just the idea makes me anxious.
  10. Grades aren't supposed to be transactional... they're just an assessment of how well you've performed in a given class. It isn't as though you get allotted a certain amount of B+s which you exchange for OCI tokens which in turn you exchange for job tokens. Just take classes you're interested in and try to learn the best that you can. The best part about 2L and 3L is that you finally get to pick classes that you're interested in and learn things you want to learn... imagine getting that opportunity and not making the most out of it, especially while paying $20k++ a year.
  11. I highly recommend the Red Bricks if you can get them.
  12. To emphasize how life-altering it is: that monthly payment puts a damper on the quality of house you can afford to buy or rent in the future. It takes away a significant portion of your income and will affect how much you can get in a mortgage. If you are looking to live in Toronto or Vancouver (or even any other major city in Canada) in three years, you might literally be priced out of the housing market due to your $1,700/month loan payment. Lets say you live in Toronto after finishing articling, and you don't land a job on Bay St (it is good to be realistic). You land first year associate position in the ballpark of $60k (. You're taking home a little bit over ~$3.7k a month after tax etc. You have a $1,700/month loan payment for the next 15 years. You're taking home $2000 a month after you pay your loan. Forget buying anything in Toronto in the foreseeable future. Lets say you can't find a partner to live with and split rent with. Your choices for living alone is renting outside of Downtown, in the GTA, at $1,300/month (average). You can't really afford to live Downtown and make your payments. After rent (in Toronto), you have about $700 to spend between car insurance & gas (necessary in the GTA), other bills, groceries, other necessities. Unlikely that you will save that much. Obviously, I am assuming the worst case scenario for everything. But honestly even in the better scenarios, $1,700/month loan payment deflates your quality of life by a lot. While your friends are having kids and moving into townhouses or detached singles, picking out daycares and adopting puppies, you'll be struggling to deal with the affordability of the Canadian housing market.
  13. Oh, I just saw. $1,700 is still better than $1,450, so I guess it is still a step in the right direction?
  14. What other amounts do you mean?
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