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a powerful settlement planning concept that law firms should know everything about is whats called a qualified settlement fund we use qualified settlement funds every day its a legal settlement escrow that was born in the 70s from environmental class action law by implementing a qualified summon fund either for your firm or each individual case or if youre practicing in mass torts or class actions it uniquely separates the conflict of interest that a client and a lawyer have in the course of litigation theyre tied together in their business interests at settlement they no longer have the same interests whats unique about that moment in time is that the client needs time you cant do complex life planning in a vacuum you cant do complex life planning in a week and so the qualified someone fund sets the stage so that if you need a month two months six months it doesnt matter you separated those business interests without the qualified someone fund you have to sign all of that in