Word: co-op
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...Co-op is the only way to go," says an enthusiastic second-year student sitting in the small student lounge in the modest four-story building that houses the law school, located in the Northeastern campus. "The practical experience is invaluable. You really learn all the stuff you're taught in the first year. After working, listening to professors is tough." The range of co-op opportunities is broad: "Some like to work in legal-aid type of projects. Other, like me, who come from a poor background, want to see what a big firm is like." A first-year...
...allure of the co-op program has enabled the school to attract a unique student body. In contrast to the rest of the university, which serves as a community college for students in the Boston area, the law school's standards for admission are rigorous. This year, from a pool of about 3100 applicants, NE will accept from 300 to 350 students to fill the 125 spots in its incoming class. The admissions committee, composed of three students, three faculty members and the director of admissions, uses the traditional criteria of grade-point average and LSAT scores, with one exception...
...students are women. Also, he says, "because people are older and have been through a variety of occupations, they bring a reservoir of energy and resources that other law schools lack." Flym says the cooperative program is particularly valuable because it "equalizes the power of students and faculty. The co-op also means I need to work harder, because students demand more. With legal education based on actual experience, the student can judge for himself the value of the education he's receiving...
...Nixon skirt other capital gains taxes in the sale of his New York City apartment in 1969? After winning the election, the President sold the Fifth Avenue co-op where he had lived while practicing law on Wall Street. The price was $312,500, or $142,912 more than his original purchase price plus the value of improvements and incidentals. The law allows homeowners to avoid such profits as long as they reinvest them within a year in another "principal residence." The President claimed that he had done so by using the $142,912 to help buy his San Clemente...
...sold his Manhattan co-op apartment (which had cost him $100,000 in 1963, and on which he had spent $66,860 in improvements) for $312,500. Profit...