Divorce Train Wrecks, Locke Lord, Locke Lord Bissell & Liddell, Money, Partner Issues, Quote of the Day

Quote of the Day: Paying $14K/Month to the Woman You Used to Bang Certainly Has Its Pitfalls

Alimony definitely has its downfalls, especially if when you're forced to leave your Biglaw firm.

By  
on

This case is a perfect illustration of what happens when divorce meets recession meets downsizing.

— Howard London of Beermann Swerdlove, commenting on the particulars of client David McLauchlan’s case.

(McLaughlan, a former partner at Locke Lord Bissell & Liddell, was asked to leave the firm during the height of the recession due to his declining billables. McLaughlan’s income was reduced significantly — so much so that he could no longer afford his alimony payments.)

Sponsored

Topics

, , , , , , , , , , , , , , , , ,