Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Posts Tagged ‘Pennsylvania Board of Law Examiners

A Few Bits of Good News

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Total Black: $64.24
Total Red: $230,807.75

I decided that today will be my last day of being unemployed.  After over a year, it’s been long enough.  And tomorrow I start a new contract attorney position.  I don’t know that I won’t need to go back on unemployment, but if I don’t declare an end to it, who will?  The project tomorrow pays $35.00 / hour.  That’s a decent wage: $5,600 a month, before taxes, assuming a forty-hour work-week.  After taxes, it will probably be around $3,000, but I’m not going to let that demoralize me before I even walk through the door.  It’s funny too which agency placed me.  I was two seconds shy of bolting from that building out of sheer fright and disgust.  I’d never been in a place that gave me the creeps like that had.  At first I thought it might have been a front for something else.  Once I found the correct floor, however, the atmosphere warmed considerably.  Glad I did not trust my instinct in that situation because I would not be working tomorrow.  Keep reading . . .

Adding Up the Numbers

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Total Black: $74.09
Total Red: $230,600.32

While talking on the telephone with a friend the other day, I ran some calculations and realized that even if I obtained steady contract attorney work I wouldn’t come close to reaching my goal.  Assuming a sixty hour work-week at forty dollars an hour, that nets me $124,800 after fifty-two weeks—before taxes and expenses.  I’ve only got thirty-six weeks left until 8/9/10.  Those calculations do not make me doubt achieving my goal of being out of debt in a year, but they do get me thinking that I need to step things up a bit on the supplemental front. Keep reading . . .