Confessions of a Laid-off Lawyer

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

Posts Tagged ‘Recession Art Sale

What a Long, Strange Trip It’s Been

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Total Black: -$199.61
Total Red: $269,947.74

This is the end.  My only friends.  The end.  Of my elaborate plans.  The end.  Can’t you picture what could’ve been?  So limitless and free.  Desperately in need . . . of some . . . stranger’s hand.  In my desperate land.  It hurts to set you free.  But you’ll never follow me.  This is, after all, the end.    Keep reading . . .

Tomorrow and Tomorrow and Tomorrow

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Total Black: $679.34
Total Red: $236,651.39

Despite best efforts, I have not been able to keep up with this blog on a daily basis.  Recent comments reveal readers frustrations as well.  Trust me, I’m there with my readers.  But given the hours I’ve been working lately, and all-nighters, like yesterday in Over and Over and Over Again, it’s damn near impossible to work two jobs and keep this blog current.  So I’ve compromised a bit.  Keep reading . . .

Written by Laid-off Lawyer

May 19, 2010 at 22:40

Tax Day

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Total Black: $734.79
Total Red: $234,846.52

Yes.  It’s Tax Day.  At least in the United States.  I filed mine today.  Keep reading . . .

Cold Feet

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Total Black: $235.60
Total Red: $226,342.25

As I walked home tonight from the contract attorney position, I started thinking about the opportunities I may soon be presented with.  Well . . . resumed thinking about them might be more accurate as I’ve not really been able to stop masticating over them.  But tonight a few coincidences occurred that caused me to think about things a bit differently. Keep reading . . .

State of My Union

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Total Black: $83.69
Total Red: $229,225.06

I couldn’t help but co-opt the title for today’s entry from the main feature in the American press: President Obama’s first State of the Union address.  This morning as I was in the dentist’s chair, MSNBC turned on in the background, I couldn’t help but notice an odd similarity of mine to President Obama.  Not that I’m in any way comparable to a man of his caliber and accomplishments, but in a small way, I noticed that we share one similarity: seems that nothing either of us do can appease any of our critics.  He’s taken the fall for the bank bailouts, whether a wise move or not, when it was actually President Bush and Congress who approved it.  His efforts on health care were sabotaged, and even though everyone in the country wanted something done to improve the current system, no one will give him credit for getting something done.  Likewise the economy hasn’t recovered as quickly or as fully as we all would have liked; ask anyone and it is single-handedly all his fault.  Every bemoans the Stimulus Plan as having had no effect.  I can personally say that without it, I wouldn’t have been in that dentist’s chair this morning.  It also got me an additional $25 a week in unemployment benefits back when I was still on the dole.  Sadly, that little bit extra did make a difference.  I could go on with additional examples, but the few I’ve cited suffice.  I suppose unless you’ve achieved something just short of herculean or heroic, people will only go on about your short-comings or missteps.  So, how is the state of my union?  Keep reading . . .

Craigslist Addict

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Total Black: $751.20
Total Red: $230,772.32

It’s a Friday night and I’ve got nowhere to go.  And in Manhattan either you’re making money or you’re spending money.  And if neither, you’re nobody.

The contract attorney position I’m currently working wants us to work between ten to twelve hours a day.  The earliest we can start is 8am.  The latest 9am.  That is, once the project takes off; we were again at the firm today because the temp agency didn’t have the IT aspect ready yet.  But I digress.   That means, working the least number of hours and starting at the earliest possible, I’d be free by 6:30pm each night (allotting 30 minutes for lunch).  Or I can earn another seventy dollars and get out at 8:30pm.  But either way I gotta find a later night gig.  But first I may need to break my addiction to Craigslist. Keep reading . . .

Consulting My Paycheck

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Total Black: $66.71
Total Red: $230,428.77

Another contract attorney and I got to talking today about legal consulting work.  He told me about a friend of his who suggested he help out a third person who had been having difficulty collecting on a promissory note.  This third person had loaned ten thousand dollars to another person, who also happened to be an attorney, and he was not paying and now wasn’t even returning her calls.  Upon hearing from his friend about this woman’s matter, he didn’t feel particularly adept in handling it so he passed along the name of another attorney she might call, also a friend of his.  Sometime later he met up with that friend and asked about the outcome of the woman’s debt collection efforts.  His attorney friend told him that there was nothing he could do to help the woman because the promissory note she had was usurious.  She put in a 10% interest rate.  And if a lawyer had tried to collect on the note, my co-worker’s attorney friend informed him, that lawyer would have been subject to sanction by the court for attempting to collect on a usurious debt—akin to loan-sharking.  What makes this story so noteworthy?  My co-worker and I would have never thought to even consider the interest rate.  Ten percent didn’t seem all that high to me given that credit cards can legally charge up to 30% on your purchases.  His story represented to me the dangers accompanying legal consulting work. Keep reading . . .