I had never given this a thought until I had experienced financial hardship in my own life. People never give reason or rhyme to why they have served themselves a bad deal. When financial crisis occurs you wouldn’t even begin to imagine the costs associated with the devastation.

It is important for everyone to have correct technique of money management. It is particularly important during this economic crisis period. Without proper money management guidelines, you can hardly control your expenses over your income. You will have difficult time to figure out where does your money actually went. The consequences of poor financial management are negative net worth, stuck in bad debt and always worry about money.

Yes, that’s true. Almost no lawyers will take over the planning that has been completed by another lawyer and pick up where you left off with that lawyer.

To sue a lawyer you need to establish clearly that the lawyer had wronged you. The court needs to know in no uncertain terms that the lawyer let you down on a case you would have otherwise won. Suing a lawyer has to be done quickly, find out from your state bar association or court what the time limit is.

Now, if you are looking for a financial literacy or are not happy with your present lawyer, how do you choose a great business lawyer. But first a definition. What is a business lawyer? I personally distinguish a business lawyer from a corporate or commercial lawyer. To me the business lawyer in the classic sense of the term denotes the classic lawyer-client relationship where the lawyer is more than someone who cranks out paper. I define the business lawyer as your quasi business partner or confidante. Someone you can confide it, who can solve your problems, understand you and help you grow.

You must know how much time you have to bring a claim and/or a lawsuit. There are many different time limits in New York, depending on the type of case you have. In a car accident case you generally have three years from the date of the accident in which to start a lawsuit. However, you only have 30 days to file a claim with your insurance company if you want them to pay for your medical bills.

If you prefer quick results or if you’re the type who likes instant gratification, the method above will only frustrate you. Instead, make a list of your debts and sort them from smallest to largest without thinking about interest rates. Make minimum payments for every bill and use all your extra funds to pay the smallest debt. This way, you will pay off everything quickly and see results fast.

Lastly the lawyer should keep a track of what is happening in his plan and what is working out for him without investing in a lot of money on the strategy. There are obviously many other factors which should be considered by him while deciding on his strategy. The above listed are few important ones which may a lead to a good and promising start of the lawyer’s career.