Injured Parties

Articles and information on injured party structures and related settlement industry news.

Injured on the Job | Assuring a Sound Settlement

Successfully negotiating a monetary settlement in an on-the-job injury, discrimination, harassment, retaliation, wage and hour or other employment-related claim is the responsibility of all parties — both defense and plaintiff. If the litigation involves a physical injury, the settlement must insure that the injured worker can pay for day-to-day living expenses until able to return to work — or, when life-changing damages occur — to enable injured parties and their families to have enough funds to last a lifetime.

Low 10-Year Treasury Yields to Remain Low Despite Possible Fed Hike in Interest Rates

Some injured parties may be hesitant to agree to a long-term structured settlement because of the current relatively low yields of the structure’s underlying investments. They may worry that by locking in yields of around 2.63 percent for 10, 20, 30 years or longer, they will not be able to take advantage of higher interest rates in the future.

What Does An Experienced Economist And An Injured Claimant Have in Common?

Bloomberg.com recently told of the plight of Alicia Munnell, a Harvard Ph.D., former member of the president’s Council of Economic Advisors and two-decade veteran of the Federal Reserve Bank of Boston. Munnell, now age 72, made a series of poor financial decisions that has her wondering if she’ll have enough money to live on when she eventually retires. A recent article on Bloomberg.com recently told of the plight of Alicia Munnell, a Harvard Ph.D., former member of the president’s Council of Economic Advisors and two-decade veteran of the Federal Reserve Bank of Boston. Munnell, now age 72, made a series of poor financial decisions that has her wondering if she’ll have enough money to live on when she eventually retires. Her biggest mistake was to pull from her retirement savings to pay for things she wanted now.

Using Structured Settlements : With Low Interest Rates, a Fixed Payout of Damages Over Time May Make Sense

Structured settlements have helped injured individuals and their families obtain financial security even in the face of lifelong medical challenges. According to the National Structured Settlement Association, more than 25,000 such arrangements are drawn up every year.

Traumatic Brain Injury – Expert Opinion Without The Expert Price

I've just returned from the CAOC seminar in Maui where I was the Program Sponsor and had the honor of speaking on deferred attorney fees. While there, I heard many informative speakers. One session that really stood out was by Brett Schreiber, a partner with Thorsnes Bartolotta McGuire LLP. His topic was "Litigating Traumatic Brain Injury Cases."

Video Testimonials of Those Helped By Structured Settlements

Prudential recently shared videos of individuals who have experienced traumatic injury—either to themselves or to family members. They show how structured settlements made a difference in their lives. The videos were produced by Prudential with the help of the Structured Solutions Leadership Council

Timing for Structured Settlement Discussions

Attorneys often ask me, "When is the best time to bring in a structured settlement broker to a case?" The short answer is early.

NSSTA Provides Insight on “Recycled Payment Rights”

The National Structured Settlement Trade Association (NSSTA) recently issued a memo* discussing the selling of factored structured settlements payments ("recycled payment rights") as investment vehicles or as a means to fund future settlement payments.

Red Flag Warning for “Refactored Annuities”

A new investment product is showing up at settlement conferences. Often referred as “refactored annuities” or “secondary market annuities,” these are made up of structured settlement payments that have been previously transferred by an injured party to a factoring company, and then either sold individually, or are pooled and sold as repackaged structures in the secondary market.

Attorney Tom Girardi and Settlement Broker Patrick Farber on Attorney Fee Structures

The business model for a litigation law firm is often fraught with uncertainty — periods of big wins and big payouts as well as slow times with little or no income. One tool to even out cash flow, better manage the ups and downs of a litigation practice and prepare for an attorney’s future financial needs is structured attorney fees.

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