Home | Business News | Browse by Publication | T | Trial

Bring structures into negotiations.

Publication: Trial
Publication Date: 01-JUN-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Bring structures into negotiations.(structured settlements)

Article Excerpt
Fear of terrorism, corporate fraud, and the economic downturn have created today's financial turmoil. For the plaintiff with a large tort settlement, the stakes could not be higher. Small wonder that use of tax-free structured settlements has surged more than 50 percent since 1999. Backed by Treasury obligations or lire company annuities, structured settlements are among the safest funding sources for your client.

Equally important, however, is the growing realization among plaintiff attorneys that structured settlements are an excellent way to resolve cases without trial. That's why the savvy trial lawyer needs to know how to incorporate a structure during negotiations.

First, some context: An injury victim rarely invests the entire settlement in a structure. After settlement, the plaintiff usually needs cash for expenses incurred during the lawsuit, as well as immediate needs such as making a home wheelchair-accessible.

Much also depends on the client's long-term situation. A minor in a catastrophic...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Trial
Perspectives from the front lines.(President's Page), November 01, 2003
Make the most of company-employee depositions: to get the best results..., November 01, 2003
Rebutting the implied-preemption defense: in products suits, drug comp..., November 01, 2003
A Measure of Endurance: The Unlikely Triumph of Steven Sharp.(Book Rev..., November 01, 2003
Elections, religion, and federalism top court's docket in new term.(US..., November 01, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.