Trial attorneys who apply a growth mindset over a fixed mindset to their practice enjoy a level of success not only in their private practices but in their personal lives. Applying a growth mindset is not only relative to trial practice, but extends to client care as well. Structured settlements have provided attorneys with another gear in their wheelhouse to assist clients with financial security long after settlement negotiations have ended.
Structured settlements protect a minor’s settlement from predatory relatives and self-destruction through spendthrift behavior and offers severely injured victims with lifetime income to ensure their life-long medical needs are met so they will never outlive their investment. A structured settlement can fund a Special Needs Trust to preserve government benefits as well as fund Medicare Set-Aside accounts.
Trial lawyers are in a unique position of influence, and by adopting a progressive approach to settlement planning through the use of a structured settlement, they can offer their clients with financial protection and future financial stability.
You have the tools, now get out there and create a masterpiece.” ― Steve Maraboli, The Power of One
Leave a comment