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"The Perils of Victoria"

The managing partner took me to lunch. We had a couple of drinks. He told me the firm was laying me off. I felt like I'd been punched in the stomach. Tears welled up in my eyes. I had trouble catching my breath. The firm would pay me three months severence. They'd hire me a head-hunter. I could use the office or leave as I chose. It didn't have anything to do with my performance.

I was a twelfth year associate with no book of business. I was making a lot of money with liberal bonuses, and tremendous benefits. And I was pretty much spending all of it every month. The new car and the new condo. An expense-account life-style I'd taken on when not on a business trip. An attitude.

Sound familiar to anyone? Next post, unemployment.

Eine Geschichte aus der US-Rezession Anfang der Neunziger Jahre (Fortsetzung hier und hier), die der heutigen Generation entlassener Associates Mut machen soll.

Full post as published by jurabilis - German bLAWg from Berlin. on February 21, 2009 (boomark / email).