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Perspective

Dec. 5, 2009

Recession's Effect on Settlement and Fees

David Higgins of Higgins Settlement Law questions whether structured settlements and fees make sense during a recession

By David Higgins

Does it still make sense to structure settlements and fees in an environment of upcoming higher inflation, higher interest rates and higher taxes? The answers are different for settlements than they are for fees.

The fiscal policy responses to the recession of 2008/2009 create a financial environment different from any we have experienced in the last 30 years when structured settlements and fees flourished.

First, the Federal Reserve has ...

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