Banking Law
Law Students Pursue Securities Cases for Small Investors
Posted Oct 13, 2008, 02:04 pm CDT
By Martha Neil
With an expected surge in civil and criminal fraud cases on the horizon over questions about the conduct of those involved in making mortgage loans blamed for a worldwide credit crisis, several law schools will soon be graduating a new crop of students who already have trial experience in the practice area.
Matching students seeking a chance to gain actual trial experience with small investors whose losses aren't big enough to justify hiring seasoned litigators to handle their cases, at least 14 law schools in California, Illinois, New York and Pennsylvania are providing representation to senior citizens and others who have lost perhaps $3,000 to $25,000 in dubious investments, according to the National Law Journal.
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