In a previous post, I explained that litigation is a high-stakes time for both the plaintiff and his or her attorney. Each lawsuit is inherently different with unique complications and questions, as well as many major financial decisions.
A comprehensive settlement planning firm is like a family’s wealth management office. Families with a great deal of prosperity often employ a family office to manage and preserve their wealth. These businesses offer a range of specialists to get them on the right track toward successful wealth management.
Similarly, a comprehensive settlement planning firm provides plaintiffs with this concierge-type approach. They will perform the due diligence to assess the plaintiff’s future needs and financial goals, and then use that information to develop a settlement plan.
To the right is an infographic that breaks down six primary ways a settlement planner can assist plaintiffs as they plan for the future of their recovery.
When a settlement is on the horizon in a plaintiff’s lawsuit, settlement planning is the next logical step in the continuum of advice. That way, he or she can receive the support needed to make informed decisions before and after the settlement is reached.
About John Bair
John Bair has guided thousands of plaintiffs through the settlement process as co-founder of Milestone Consulting, LLC, a broad-based settlement planning and management firm. Milestone’s approach is comprehensive and future-focused. John’s team has guided thousands of clients by taking the time to understand the complexities of each case. They assess the best outcome and find the path that enables each client to manage their many needs. Read more about Milestone Consulting at http://milestoneseventh.com/.
A West Point graduate where he served as captain and military aviator, John Bair continues his commitment to our country through his efforts within the settlement planning industry. He has represented families of victims lost in the Flight 3407 crash, offered pro bono services to the families of 9/11 victims and drafted the first consumer protection bill for plaintiffs (H.R. 3699).