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Structuring fees allows attorneys paid on a contingent-fee basis to recognize taxable income as they receive their periodic payments. The entire fee can be used to purchase periodic payments with pre-tax dollars, providing a greater initial investment and potentially reducing their overall tax burden.
Mark Robinson and Kevin Calcagnie have written a very powerful Op-Ed piece published in the Wall Street Journal. It is a fantastic piece and I think everyone should take the time to read. Why We Need Trial Lawyers The alleged … Continue reading
The risks to trial lawyers of being sued for malpractice are surprising and patently disturbing. The best way to protect yourself is through education and action. Continue reading
Every day there is another recall or warning of a product that turned out to have
design flaws or unexpected problems – a drug with an unanticipated side effect, a
toy with a sharp piece that can injure a child, or a popular food product that may
have been contaminated in production. These Continue reading
Many firms believe that it is inefficient to borrow funds for case development costs when they can afford to make such advances out of pocket. However, such is not the case. Continue reading