You may not have heard of reinsurance. It's a way that insurance companies share the risk of big losses with other insurance companies — effectively, it's insurance bought by an insurance company from another insurance company. It spreads the risk across many companies, protecting them from large or unforeseen losses. This works in the same way as ordinary insurance, but on a much larger scale. Reinsurance attorneys work to make sure that contracts benefit their clients, and, if necessary, take legal action against a reinsurer or other body if a contract is violated. They're much like other legal jobs that attorneys may take, but reinsurance jobs are much more specialized.
This article deals with the hazards of the economic downturn and how legal professionals and employees are responding to the stress involved. Economic deterioration is a major issue with the lawyers, among whom a high rate of suicide has been reported. Law firms are resorting to pay cuts, layoffs etc.
There is a dissimilarity between changing a job and making a career transition. A job change means just changing your job, but doing the same thing, albeit at a different location and amongst different people. However, when you leave a job for another that involves doing something totally unlike what you were doing earlier; you are making a career transition. Job changes are generally relatively simpler and straight forward, with little interruption to the life that you are leading, while career transitions can be long-drawn-out and often influence and have a strong bearing on your personal and family life.