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Young lawyers face tough financial choices

Thursday, October 06, 2016 @ 8:00 PM | By Simon Hally

Most people make the biggest decisions of their lives between the ages of 28 and 32 — career, marriage, buying a home — and rack up some pretty big debts too. So a plan to pay down those debts is a necessity, says financial adviser Kurt Rosentreter of Manulife Securities.

For most lawyers in that critical age range, the need for financial planning is compounded by debts incurred at university.

A 2014 report from the Law Students’ Society of Ontario reported that only 30 per cent...