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I have been at the law firm I work at for 17 months now. I work there as a paralegal for the senior partner. I am also the financial manager for the office, which is why I have this problem - I know first-hand that the firm is going broke. I don't know how much longer they can afford to keep paying me...
I really love my job, the people I work with, and my boss - I don't want to work anywhere else, but payday is Wednesday, and I might not get any money.

There is also the possibility that they can save this, but I don't see how. I just don't want to quit if I don't have to.

What would you do? What should I do?

2007-07-30 09:13:19 · 2 answers · asked by HooliganGrrl 5 in Business & Finance Careers & Employment Law & Legal

About the pending cases - we don't really have anything going to trial or settlement for quite a while - also, we do Plaintiff's work, so everything is contingency, and not billable hours.

2007-07-30 09:39:52 · update #1

2 answers

If you really love the firm and your position, start looking for ways to supplement your income so that you don't have to depend on your income from the firm. I used to be a corporate paralegal and I know what you mean. There is no job security for anyone in this world, a home-based business where you create your own hours and what you put in is what you make is the way to go probably.

Be strong, you'll find a way.

~sas

2007-07-30 13:05:53 · answer #1 · answered by Anonymous · 1 0

Relax. The money to run a law firm depends on the pay out in case files already in place and just waiting for resolution.
Since you are new to the place, you have no knowledge of where they are , and where the money is coming from.
The banks can always give them a line of credit for operating capital for office expense. They can run in the red for a period of time.

2007-07-30 16:25:18 · answer #2 · answered by QuiteNewHere 7 · 1 0

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