Just to chip in here, I also go to Cornell. My view is that ITE, I'd never take a chance on Fordham over Cornell.
What fsohn said is true, but particularly with respect to the LR folks, the one situation he refers to is indeed an anomaly and one based on interviewing mistakes.
Just to give some context. I'm not top third but somewhere between the top 50% and 30%, non-URM, and on a secondary journal, and I got four call backs and two offers, from firms falling between V100 and V20. Everyone I know on LR (with the exception of the one person that fsohn mentioned) did fine, and most did very well. For instance, two of my buddies are headed to Davis Polk, one's headed to S&C, another to Clifford Chance, and so on.
From what I've gathered, somewhere around 40% of our class came away with firm offers. (Those numbers are an estimate that I've compiled from talking to Career Services and all the people I know, which is a sizable sample of our relatively small class.) But in the interest of full disclosure, some of my friends think my estimate's about 5-10% too high.
I can't say with any certainty that Fordham's 2010 class didn't match those numbers, but from reading boards and meeting others during call backs, my sense is that Fordham was hit harder.
Also, keep in mind that the economy could be in a totally different place in two years. The T14 has been the T14 for a long time. When the market does rebound fully, the T14 will be the first group of schools to see a corresponding surge in recruitment.
normalien is correct in what he says about interviewing mistakes, and I've also hear roughly the same percentage (~40%) of people who have law firm offers. That said, I'm not optimistic about it getting better any time soon. If you are thinking of coming straight out of UG (which I did), I would strongly advise you to go get some work under your belt first.
While we are on the topic, some of Cornell's career services office has been exceptional in helping people readjust their immediate career prospects--that is, helping them find non-biglaw avenues to explore. That said, other elements of the career services office have acted like ostriches with their heads in the sand, and have basically ignored the class of 2011. Their job suddenly got difficult, and they aren't adjusting well, or really at all.
None of this is to say Cornell isn't a fine place to come to law school. Just be wary that if the money is the same, we don't close the doors and start teaching you some sort of secret law stuff that you wouldn't learn at Fordham, and be very, very, aware that the Big Law gravy train, which is one of the few things that makes the debt load even mildly palatable, is barely inching along.
This is a great time to re-evaluate why you are deciding to go to law school--simply put, if you are going to law school as "liberal arts finishing school" I would warn you away from it. If you are coming for better reasons, now is a great time to stop ignoring the money.