Structured Settlements 4Real®Blog 2026

Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.

It's amazing what you can find on Internet Bulletin Boards. Something typed in several years ago is preserved for posterity.
 
An ordinary Yahoo search of "SSP factoring" leads one to the following quotable quote from the Society of Settlement Planners March 2003 Quicktopic that was among others easily found:
 
SSP Board member:
 
 
 
"A nationally well-known trial lawyer should be quoted.
As Patrick (Hindert) said to me, maybe we shouldn't
necessarily get one that would be speaking for ATLA,
since SSP might be looking to open a dialogue with
defense entities that believe in plaintiff's rights,
i.e., some major insurer or investment company
that wants to get into factoring, now that it is
legitimate. My suggestion would be Joe Jamail,
who was recently (about a year ago) made a poster
boy for NSSTA with his endorsement of structured
settlements. I also know that he is a staunch
advocate for plaintiff choice. XXXXX is closest to
him, but XXXXX is not a member of SSP, although
XXXXX has been invited. There are probably
others who might approach him with success.

Another proponent might be Gerry Spence. I

know a few people ….who are close
to him (and serve on his board of the Wyoming
Trial Lawyers Academy) who might be willing
to approach him for a quotable quote.
(Tell me if you have never heard of Gerry Spence.)

Patrick mentioned getting a quadraplegic claimant.

Kyle Walsh was the name he mentioned.
Kyle was at the NSSTA meeting in Las Vegas.
  03-03-2003 08:54 PM ET (US)
 
This should be coordinated in advance with our two hired law firms
handling the QSF and DOJ projects…

1) It will give them some new information for their talking papers

and, in the DOJ case, for the proposed White Paper.

2) They should have input as to the contents, if the news release

can be shaped to support their efforts.

3) They might be willing to give a quote of the nature that does

not tip off what they are doing for us, but that has the
credibility of the stature of their law firms. For example,
"[name], of [law firm] and former chief of tax policy for the
U.S. Treasury Department, echoed the SSP's recognition of
the new rights created by I.R.C. section 5891, saying…"
 
My comments:
 
 
I guess you could say that the SSP has has its sights on
factoring for quite some time. I believe it's important that
the public knows this and its important that trial lawyers
know this. Let them judge the SSP on full disclosure.
But again…
why no factoring position on its website? After 3 years since
mentioned in this Quicktopic why are there no quotes from
substantial trial lawyers supporting factoring? This tells you
something!
The NSSTA seems to have had no problem getting
trial lawyers to praise and support structured
settlements (see www.nssta.com), while the best that SSP
can do to show support of factoring is trot out Professor
Adam Scales at its March 2006 annual meeting to discuss
his 4 year old paper on the subject.
 
 
 
 
 
 
The fact that this "Quicktopic" can be found effortlessly
on the Internet is also a lesson to be learned about
bulletin board security. In the above case there was none
…everyone knows your business.
 
 
XXXX=Name changed for the purpose of this post
 
 
Quicktopic, which is a service mark of Internicity, Inc. is an
online bulletin board that among other things is a tool for
online document collaboration.
(6/20/2006 update– The SSP has apparently removed the Quicktopic links. I fielded a number or calls and emails from its members in response to this post. Ultimately it was this post that caused the action and you're welcome for my vigilance)
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