Dec 23 2007
Laid-off lawyer needs to be frugal
From theglobeandmail.com:
"In Toronto, a lawyer we’ll call Herb is 55. Until recently, he was a high-powered corporate counsel working in the towers of Bay Street and bringing down a $206,000 annual salary plus an annual bonus. Downsized out of a job several months ago, he is looking for another, but at his age, with his salary expectations, and with his narrow specialization, he has limited opportunities. It’s a case of a high achiever thrown on hard times who faces the reality of having to adjust his family’s way of life."
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