Law students help ease foreclosure worries | The Columbus Dispatch

Full story: Columbus Dispatch

Law professor Peggy Cordray started the program. FRED SQUILLANTE DISPATCH Capital University law student Thomas Siwo has worked with 15 homeowners.

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Memphis

Columbus, OH

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#23
Mar 15, 2011
 
I'm just south of $100K, but like I said, it's continuing to drop each month. Not in big law and I had no expectation that I would walk out of law school into big law and a $100-150K job (that would be delusional -- I must be a realist!). Knowing many big law attorneys in my practice area, I can tell you that many of them came from Capital. Many cap law grads are judges. Maybe the difference between us is that when I went to law school, I spent absolutely no time listening to LS or anyone else. I knew I wanted to become a lawyer and went after it.

Are things tough out there? Absolutely. But we've also just come through one of the toughest economic climates in recent memory (and we're still in it). Why would anyone in their right mind think that the legal profession would have it any easier than any other sector of the job market? But if your dream is to practice law, then you have to ride it out and find an opening. Someone said 7,000 lawyers in Columbus. How many are any good? Many just went to law school because they couldn't think of anything better to do after undergrad. If law is your dream, be better, develop relationships and you'll make it. Most judges I know will make time to offer advice to young lawyers (and they typically know everyone in the legal community). Engage them. But if all you do is sit in the coffeeshop hoping someone will hire you, you'll never make it (and you really shouldn't). Law is not for the meek.

I will agree that Capital is WAY overpriced and they do squeeze every drop they can get out of their students. But tell me, what college doesn't?
OSU Alumni

Columbus, OH

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#24
Mar 15, 2011
 
How did an article about a school helping people in distressed mortgage situations turn into a debate about whether or not Capital Law grads will be able to pay their bills?
Working with the banks to receive a loan modification takes patience and dilligence on the part of the homeowner. It's a confusing, frustrating, and a sad process. Just having someone being supportive on the other end of the line has to be a huge help to these people in troubled times. I think this is GREAT!
Dogtown

Dublin, OH

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#26
Mar 15, 2011
 
And what about the banks and mortgage companies who have to eat these bad loans, and delay the day of reckoning - while costing taxpayers, other homeowners, and everyone else trillions of lost capital and economic growth because these people bought over their heads?
Realist

New Albany, OH

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#27
Mar 15, 2011
 
Memphis wrote:
I'm just south of $100K, but like I said, it's continuing to drop each month. Not in big law and I had no expectation that I would walk out of law school into big law and a $100-150K job (that would be delusional -- I must be a realist!). Knowing many big law attorneys in my practice area, I can tell you that many of them came from Capital. Many cap law grads are judges. Maybe the difference between us is that when I went to law school, I spent absolutely no time listening to LS or anyone else. I knew I wanted to become a lawyer and went after it.
Are things tough out there? Absolutely. But we've also just come through one of the toughest economic climates in recent memory (and we're still in it). Why would anyone in their right mind think that the legal profession would have it any easier than any other sector of the job market? But if your dream is to practice law, then you have to ride it out and find an opening. Someone said 7,000 lawyers in Columbus. How many are any good? Many just went to law school because they couldn't think of anything better to do after undergrad. If law is your dream, be better, develop relationships and you'll make it. Most judges I know will make time to offer advice to young lawyers (and they typically know everyone in the legal community). Engage them. But if all you do is sit in the coffeeshop hoping someone will hire you, you'll never make it (and you really shouldn't). Law is not for the meek.
I will agree that Capital is WAY overpriced and they do squeeze every drop they can get out of their students. But tell me, what college doesn't?
College is overpriced, I agree with you there. However getting a law degree from Harvard has more value than getting a law degree from Cap. Both schools' tuition are similar. In law and business, one needs a prestigious degree from a well respected school. That is just reality. Let me make an analogy, if you want to impress clients, would you drive a Chevy Malibu or a BMW? They are both cars that can get you from A to B, however one is perceived as better than the other. The same concept can be applied to law school, all law schools teach the same curriculum but one is more prestigious than the other. Which law school graduates do you think big law partners want to hire to impress clients?
Memphis

Columbus, OH

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#28
Mar 15, 2011
 
Realist wrote:
<quoted text>
College is overpriced, I agree with you there. However getting a law degree from Harvard has more value than getting a law degree from Cap. Both schools' tuition are similar. In law and business, one needs a prestigious degree from a well respected school. That is just reality. Let me make an analogy, if you want to impress clients, would you drive a Chevy Malibu or a BMW? They are both cars that can get you from A to B, however one is perceived as better than the other. The same concept can be applied to law school, all law schools teach the same curriculum but one is more prestigious than the other. Which law school graduates do you think big law partners want to hire to impress clients?
I agree that a Harvard degree is more marketable than a Cap degree. But the discussion was not who offers the best, most marketable degree. To use your analogy, the argument presented by the earlier commenter was that the Chevy wouldn't drive you anywhere. My experience (and everyone I've kept in touch with from Cap Law) says that is false. The Chevy/Cap Law degree can get you a job in the field of law. You simply don't need "a prestigious degree from a well respected school."

You ask: "Which law school graduates do you think big law partners want to hire to impress clients?"

My answer is none of the above. While it's true that big law will find student from prestigious schools to grind up with grunt work. Rarely, if ever, will they hire a newbie to "impress clients." Clients don't walk into a firm saying "give me your least experienced lawyer" to handle my complicated legal problem. They expect, and pay for, competence. If you spend any time at all perusing the bios of the partners and (most) associates in big law, they tend to have experience and firms rarely advertise the "Hey, I just graduated from Harvard and now I make $150K/year" entry-level associate. You may have law students at Harvard who expect that (and may get it on the east coast), but any Cap law student who thinks like that is a fool. It's great to aim high, but everyone has to pay some dues by working in the field for a while before they can anticipate big money to roll in.(As it should be)

"Big law" is not the only path to making a living in law.
frank cordray

Celaya, Mexico

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#30
Mar 17, 2011
 
great article hope it helps
Peggy H

Reynoldsburg, OH

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#31
Mar 29, 2011
 
contact info for this article would have been a great community service

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