THE BURBANK GROUP
Service and Support There are a large number of life planners and economists who
can provide counsel and defendant insurers with advice on the current and future
costs of providing care for a plaintiff, and for determining the current and
future costs associated with items of economic loss. There are also significant
number of structured settlement providers who can advise the parties on how "
…to offer and to guarantee the purchase and payment of an annuity contract to
make annual payments in equal monthly installments of the remaining streams of
payments…". We have chosen the painful, arcane middle ground by providing
advice on and valuation for 50A and 50B cases. We have developed a series of
computer applications that provide Full Award and Valuation Development. We provide full Award extension and development, the
addition of adjustments and offsets, and the allocation of the Award
between past and future damages. We will then value the Award in line with
the various statutes and case decisions, including any interest and second
level discounting. We provide advice on the application of the statutes
and case decisions, and how they are dealt with in the systems, and are
prepared to provide any documentation of methodology that may be required.
Our standard charge is $500 per hour, and most cases are sufficiently
simple that they can be resolved within a charge for one or two hours. Full Licensing of Award and Valuation Systems. For large volume users, we are prepared to license online access on a
monthly fee basis. For the continuing payment of the fees, we will provide In the alternative, we are prepared to license our programs on a
devoted basis. This would require substantial commitments and deposits to
ensure that there is protection from unauthorized proliferation. For the
continuing payment of the fees, we will provide Case Licensing of Award and Valuation Systems. For users with limited use, we are prepared to license online access on
a case by case basis. The basic fee is $500 per case. For that payment, we
will provide We offer a limited number of advertisement spaces on our
site. The monthly advertising fee is negotiable and the content of the
advertising or any change must have our prior approval. For full development service or a case license,
Valuation Services We have developed comprehensive and authoritative Award development and Valuation
systems that deal with all aspects of these processes, and provide a documentary trail from
the initial stages of Award generation to net Valuation result. This detail, the reconciliation
and the payment schedules obviate the need for expert testimony on the Award or
valuation beyond some affidavit detailing the steps taken and choices made. We offer our services at three levels We work with clients to develop Awards and Valuations. We treat as
confidential the information transmitted and reports generated. We provide
advice on our interpretation of the statutes and case decisions, and assist
counsel in reaching a full, fair and timely resolution of a case. As part of that
process, we are prepared to provide our clients with settlement information
both in report and data format. As part of this service and in conjunction with any settlement conference, we provide our clients with access codes and data files. They can then use the reports sections to test and evaluate variable alterations, when presented. Full Licensing For clients with substantial and continuing needs, we offer extended
licensing of our programs. In these situations, the client commits to extended
use of our systems, pays a monthly fee and sets up and pays for training of
personnel in system use. We then provide, the client with a program that
assigns id's and passwords to cases and users. The client could then have
complete and sole control of case information, the data being processed and
any use of the system to communicate with the other party. At an operational level, the user would access the appropriate
programs from our site, temporarily download them to and operate
them on their computer. Data would not pass to the internet. In the event that the client wishes internal control of the programs for
security reasons and/or to incorporate additional accounting and
control into the Award and valuation programs, arrangements can be
made to accommodate the programming, and provide the appropriate
programs for installation on the client's server. Single Case Licensing While we do not recommend it, we offer a case by case license for a fixed
fee. If the client requires support in using the system we would charge at our
normal fee rates. In the event that the client wishes internal control of the programs for
security reasons and/or to incorporate additional accounting and
control into the Award and valuation programs, arrangements can be
made to accommodate the programming, and provide the appropriate
programs for installation on the client's server. A. To gain Id and password, provide the case
information as follows, 1.) Case Information a.) Type (MedMal, MedMal Wrongful Death, Gen. Liab., Gen.
Liab. Wrongful Death): ________________________ b.) Case Caption:
________________________________________________ c.) County of Filing:
______________________________________________ d.) Docket:
_____________________________________________________ e.) Plaintiff:
_____________________________________________________ f.) DOB: __________ Sex: _________ Life Expectancy:
________________ B. For full service, please provide Award information.
We offer our services in three formats,
Contact Information
Copyright © 1998-2009 The Burbank Group
Structured Settlements:burbss@burbankgroup.com
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Last modified: August 6, 2009