Tag Archives: economy

friendship, interrupted

I was reading an article from Double X by Emily Bazelon about how the recession is wrecking friendships…

Because of the downturn, friendships between two people whose Saturday night spending and overall class status used to calibrate precisely have now turned into trickier relationships between one person who still has money and one person who doesn’t.The rifts between friends created by the recession are a kind of collateral damage.

While I don’t 100% identify with the article, it did make me think of how some of my friendships have changed since my situation has changed. I won’t blame the economy for not staying in touch with friends but I know that since things have been shaky with me on the job front, I’ve intentionally let some friendships slide to the back burner.

You would think that in times of stress, frustration, despair and worry (all feelings one might have when unemployed or otherwise disillusioned), you would surround yourself with people you care about. People who care about you too. You’d want to spend all your time with your pals who can help lift you up, make you laugh and remind you of all the good things in life. Eh, it’s exactly the opposite. While I miss hanging out with my friends and talking to them on the phone or online, I’d just rather not bother. I don’t want to be reminded of the good times because frankly, it just reminds me of the life I used to have. So, I’ve been avoiding folks. Continue reading

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Filed under friends, My Life, relationships, Routine Ramblings

Another downer about the legal job market…

Swiped from the National Law Journal,  just a perspective on the legal job market for the public-interest (aka, me). A bit long, BTW.

Public-interest sector getting a little crowded

Karen Sloan
June 01, 2009

Sending incoming associates into temporary public-interest jobs — with a healthy stipend to cover their costs of living — is intended to be a fiscally smart and compassionate way for law firms to handle an overabundance of young attorneys in this dismal economy.

But some recent law school graduates who have spent years preparing for public-interest careers worry that law firms are hurting their job prospects by flooding the already competitive public-interest job market. They say they resent the suggestion that deferred law firm associates can step into a public-service role without, in many cases, having worked with indigent clients in law school clinics or completed internships with nonprofit legal organizations.

“Deferred associates are getting congratulated for going to public-interest organizations in the final hour and being so generous, while the people who were planning on working at these organizations throughout law school and have demonstrated a commitment are forgotten again by the legal establishment,” said Jane Fox, 28, who will graduate from Brooklyn Law School in New York City in early June. She is looking for a public defender position or other public-interest work in New York.

For people like Allison Standard, 24, a recent graduate of the University of North Carolina School of Law who is searching for a public-interest job, the uncertainty over what the law firm deferral programs mean for hiring is unsettling. “The hard part is that there is no easy solution to this,” Standard said. “You can’t blame the organizations for taking the free labor. But people who intended on public-interest careers have been working throughout law school to build a path to these jobs, and they might get passed over.”

Brett Church, an incoming associate at Boston-based Goodwin Procter who chose to work at a nonprofit organization for a year, said he understands why some young public-interest attorneys may resent the deferred law firm associates. However, he sees potential for deferred associates to make a difference in their communities. “In this market, everybody is just trying to get by and find opportunities,” said Church, 28, who plans to work at a Boston-area organization geared toward helping children or young people before focusing on venture capital at the firm. “The fact that I went to Goodwin Procter doesn’t mean I’m not passionate about doing this type of work.”

Public-interest law students in the class of 2009 faced a harsh employment climate even before classmates on the law firm track came into the mix. Paul Igasaki, the deputy chief executive officer of Equal Justice Works, a group that promotes public-interest law careers, said that public-interest organizations have struggled with funding reductions from interest on lawyers’ trust accounts (IOLTA), lower donations and fewer grants, limiting their ability to hire. The associate deferrals represent another curveball. The programs vary by firm, but many involve paying a stipend to associates who have had their law firm start dates pushed back by a few months to more than a year and who choose to work at a public-interest organization in the meantime.

The stipends generally range from $60,000 to $85,000 for yearlong deferrals — meaning that deferred associates will make significantly more money than many public-interest attorneys. Some firms are even covering health insurance costs. By contrast, the National Association for Law Placement (NALP) reported last year that public-interest attorneys can expect to start with a salary of about $41,000. Continue reading

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My Dougie…

Is that in Harlem?

Oh snappy, yall! My boo needs help! If you travel back in blog time, you’ll see that I heart Doug E. Fresh. Yeah, that’s funny, but what isn’t funny is that my boo is on that T-Boz and I ain’t talkin about no Red Light Special. This fool done lost his crib!! Ahhhhhhhhhhh!

From the NY Post:

The Human Beat Box is taking a financial beating.

Rap icon Doug E. Fresh – best known for his ’80s hit “The Show” – has been socked with three foreclosure actions by banks looking to collect more than $3.5 million in unpaid mortgages on a trio of his Harlem homes.

The rapper, 46, also is being chased by American Express for nearly $60,000 in credit-card debt, and the IRS just slapped him with a $367,000 tax lien on top of more than $40,000 owed to the state tax collector, records show.

The golden-voiced rapper, whose real name is Douglas Davis, grew up in Harlem. After his skill at vocally imitating drumbeats and percussion sounds made him famous in the 1980s, he stayed in the neighborhood, investing in local real estate and raising five sons.

He fell behind in payments and, according to a foreclosure suit filed in Manhattan in late August, 2008, he now owes more than $1.73 million.

Davis is putting the finishing touches on Doug E’s Chicken and Waffles, a new Harlem restaurant slated to open next month.

He declined to comment on his woes.

I ain’t got NANN on that 1.73 million dollar debt, but he can come stay with me. I mean, how cool would it be to have him beat-boxing over Honey Nut Cheerios with you in the morning? In the alternative, I hope Doug got a cot in back of that restaurant.

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Filed under Music & More, Now I'm pissed, Routine Ramblings, Swiped, What kind of fuckery?