In a prior post ("Settlement Consulting"), S2KM reviewed Joseph DiGangi's NSSTA 2009 Winter Meeting discussion titled: "Comprehensive Settlement Consulting in the 21st Century" which S2KM characterized as "provocative" and "important" for the structured settlement industry.
This S2KM blog post continues to promote the strategic importance of DiGangi's discussion about settlement consulting - asking questions and offering after-thoughts about settlement consulting definitions and business scope. Subsequent S2KM posts will address other settlement consulting issues.
- What is the definition of "settlement consulting"?
- How does settlement consulting differ from:
- Settlement planning?
- Special needs settlement planning (SNSP)?
- DiGangi, for example, identifies settlement planning as one stage of his settlement consulting model:
- Needs assessment;
- Planning;
- Implementation;
- Monitoring.
- What are "litigation support services" and how do they fit within the settlement consulting model?
- What constitutes "special needs" in the context of settlement consulting or planning?
- What types of settlements fall inside and outside DiGangi's settlement consulting model?
- For example, are employment cases part of settlement consulting - or special needs settlement planning?
- Or, are there different branches and fields of settlement consulting?
- If yes, what branches of settlement consulting include:
- Structured settlement annuities:
- Section 130 Qualified?
- Section 130 Non-Qualified?
- Other insurance products - life insurance; variable annuities?
- Special needs?
- Qualified settlement funds (QSFs)?
- Structured settlement annuities:
- Whatever definitions apply, what social vocabularies (folksonomy) define "settlement consulting", "settlement planning" and "special needs"?
Addendum February 24, 2009: for related market analysis from a structured settlement perspective: see "Structured Settlement Surveys". Also, the word "oxymoron" was improperly used in the original post and has been removed.
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