I am now contemplating working as a company in-house lawyer and consequently, corporate law. The work at this company would mostly revolve around corporate work as the litigation parts are handled by external counsel. … More Corporate law keeps pulling me back To in-house or not?
It’s payday once again! Before you run off to go play a one-day millionaire, consider an alternative use of your money. RETIREMENT!
PERA (personal equity and retirement account) is a creation of Republic Act No. 9505, which was passed waaay back in 2008. … More How to open a PERA account with analysis of charges
For this career series, our guest, N, is a current law student in his third year of law school in metro Manila. … More Career Series: Law Student
Our dear reader, Brad** was nice enough to take the time answer some questions in order to give us a little insight into what it’s like to practice law in Canada. He is a practicing lawyer in Ontario, Canada engaged in the field of corporate law with his student loan fully paid up! … More Career Series: Legal profession in Canada
I just heard in the news, regarding the car rental scam, that banks gave out car loans to borrowers who have clearly no capacity to pay – either mga “walang trabaho” (unemployed) or “tindera lang” (saleslady). … More Subprime car loans in the Philippines worry me
You went to law school and hurdled the bar exam. While waiting for your bar results, you received a job offer from a top law firm and are to start working there immediately as a junior associate. What costs should you prepare for? … More Startup costs of a first year lawyer
I recall waiting for my first year obligations and contracts class to start and hearing a classmate boast about expecting to get a law firm job with a high salary upon graduation. He went on about his long-term plans – get a high paying job, buy a car, buy a house and be married before … More Lawyer money fallacies
I have been over-paying the equity after reading all the horror stories on Skyscraper regarding developers who are quick to charge a huge penalty for late payments. Before I knew it, I had finished paying the equity, 5 months ahead of time. … More Buying a condo in cash
When a corporation makes money or profits from its business, it is required by law to declare dividends (out of its unrestricted unretained earnings) to its shareholders, the owners of the business. … More How I make money while sleeping
Hello, it’s been a while! Right now I’ll talk about one aspect of my life from which I derive my active income – being a lawyer. In the last year, I earned mostly active income and this constituted 98% of my total income that year. Despite making my first million about a month ago, … More How to dig yourself out of a work slump