2016 - $161 Billion
A Towers Perrin study reported that in 2006 $161 billion was paid to injury victims and their attorneys. If one assumes that one third of this amount represents contingency fees then approximately $107 billion is paid to plaintiffs each year.
“Sell structured settlement payments”- this phrase, by itself, may not mean much to the average person. But put them together into a statement like:
“I plan to sell my structured settlement payments”
-and they create a controversial, emotionally loaded topic.
In what may be the world’s fastest closing time ever for a structured settlement transfer, Strategic Capital Corporation recently funded an annuitant in :
18 days from start to finish.