While another judge weighs the merits of a suit claiming another New York law school deceived its enrollees into signing up by trumping up its post-grad employment statistics (NYLJ, August 23), Columbia Law has added three new academic centers, “focusing on international arbitration, constitutional law and global markets” (NYLJ, August 24).
What burgeoning legal scholar, after all, would not want to proclaim proudly they honed their skills at an Ivy program designed for the globetrotting arbitrator. Practically, however, a detailed knowledge of global markets, or how investors interact with the companies they hold stock in, offers little help in explaining to a client why they should always pay $500.00 when selling their home, rather than giving a buyer a property condition disclosure statement. (Answer: to help avoid inadvertently making a warranty that could surface as a huge liability later on, years after one has sold their home).
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