Plaintiffs are often unsure whether they must pay taxes on settlement proceeds. Plaintiffs especially care if they pay their attorney a percentage of the recovery - between lawyer fees and income taxes, plaintiffs may not have much left for themselves. Defendants, such as business owners, care because it helps guide the settlement process towards a mutually acceptable settlement range..
No matter what size company or industry, most companies can achieve the greatest benefit through improvement on the methods by which they employ counsel (whether in-house or outside counsel), practice preventive law and use technology.
David Pryor, chancellor of the University of Virginia’s College at Wise, put it well by reminding the Lead Virginia Class of 2007 that Mr. Jefferson’s intent was to produce an educated citizenry, not just an educated Charlottesville. Wise County is a long way from Monticello, but U.Va.-Wise is part of a robust set of work-force development initiatives bringing Southwest Virginia to the forefront of the commonwealth’s economic growth..
I’ve got good news. This issue won’t save you money on your car insurance, but you’ll find out that the people who crafted that pitch work just down the street.