Richard B. Risk, Jr. is a pioneering attorney who advocates the rights of
structured settlement recipients. Risk's extensive and provocative
legal writing about structured settlements appears on his website and
provides a sharp counterpoint to traditional defense-oriented
structured settlement perspectives.
Risk publishes a Structured Settlement Newsletter and recently distributed the first 2007 issue. The newest issue features an article by Risk titled: "Doing What's Right and Avoiding What's Wrong". It provides valuable advice for plaintiff attorneys as they prepare for their 2007 Annual Convention in Chicago July 13-18.
Risk's featured newsletter article highlights potential legal exposure for plaintiff attorneys related to structured settlements.
According to Risk:
- "Structured settlements can ...expose the client to abuses and the trial attorney or guardian ad litem to claims of negligence or breach of professional conduct rules if left to the defendant or its liability insurer to handle."
- "The challenge is to ensure that a structured settlement is presented in those cases where it should be, while avoiding abuses to the client that the defendant or its liability insurer may attempt, and avoiding allegations from the client of professional negligence or violations of the rules of professional conduct."
- "To meet this challenge, the trial lawyer needs to understand the structured settlement transaction as well as what may be going on behind the scenes that effects the attorney's ability to provide competent representation to the client."
Risk's current Structured Settlement newsletter also includes:
- A sequential analysis of IRC 468B Qualified Settlement Funds;
- A useful summary of the structured settlement annuity providers; plus
- An insightful, but now outdated, article about Murphy v. IRS.
In addition to his Structured Settlement Newsletter, Risk's website
contains valuable and well-organized resources for lawyers interested in
structured settlements and personal injury settlement planning.
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