It has happened to all of us at some point in our careers. It's not entirely our fault. Sometimes we worked at a studio or broadcast station that was the cause of the problem. I am talking about not running the most current Adobe software on your workstation. Will this become a problem for you if you don't subscribe to Adobe Creative Cloud and are stuck in CS6 land?
The scenario is usually that you get the job or the project is assigned to you. You tell the client that you need a high resolution logo from them. They tell you to grab it off their website. Uh, horrible! You tell them about Illustrator files, EPS, or maybe even a "high resolution" Jpeg. They finally get back to you and send you an Illustrator file that they procured from their web designer. Of course they can't open it so they don't know what they are sending you.
You double click on the the file and you get, "Cannot open the Illustration. The file was generated by a newer version of Illustrator and cannot be opened. Please resave it in a format compatible with your version of Illustrator."
Uh Oh! You don't want to tell your new client you can't open their logo because you are a version behind in software. What do you do? Luckily, as a motion graphics designer you can open the file with After Effects.
Drop it into a new composition and click the "Continuous Rasterization" button. Now you can scale that logo as large as you want.
Resize the composition to any size you want, and use "Save Frame As" a format with an alpha channel if you need to export the file for Photoshop.
Sure you lose the vector data while exporting, but at least you aren't without a logo and can move on with out nagging the client. These step by steps are excellent for non-After Effects users as well.
Have other hacks to this problem? Post them in the comments below.