Synergy Blog

Deferred Attorney Fees Can Really Add Up: Congrats to Synergy Law Firm Client Accumulating 1M in Fee Structures

Synergy wants to congratulate one of our best clients on achieving one million dollars in deferred legal fees since 2004.  The firm made the decision that out of every significant settlement, the three partners would set aside anywhere from $25,000 to $100,000 of their legal fees in attorney fee structures.  Even though they set aside a small amount of each fee earned over the years, it has added up to a large amount today.  Since they used attorney fee structures, the fees were invested pre-tax and are tax deferred until payments begin.  Given the fact that every financial plan should include fixed income, attorney fee structures or other tax deferral mechanisms for lawyers should be seriously considered.  Using these mechanisms it allows for investment in fixed income vehicles on a pre-tax basis and the money grows tax
deferred until distributed.

To learn more about tax-deferral strategies visit


"I recently engaged Synergy to assist with a complicated PTD settlement involving a substantial Medicare Set Aside. The claimant’s wife has been providing full time attendant care which is not Medicare covered. The Synergy nurse was able to do a full analysis of non-Medicare covered expenses which far exceeded the value of the MSA analysis performed by the carrier’s contracted MSA provider. The non- Medicare figures became the main focus of the settlement negotiations and more than doubled the value of the case. Although I could estimate the attendant care figures, the nurse added in other items that I would not have routinely considered. I also asked Synergy to evaluate the EC’s MSA as well as their prescription review. Synergy offered insight about the prescription donut hole which I did not have a clear understanding about. Again, their insight and information added a great deal of value to the overall settlement. Not only did I learn from Synergy but was able to educate my clients in the process. These are very complex and complicated areas; I will use Synergy again and again!"

Rosemary Eure
Lancaster & Eure

I wanted to pass my highest recommendation to Synergy who we routinely get involved in cases when Medicare issues come up, especially when dealing with Medicare Set Asides. Synergy went beyond the call of duty in a recent case that was settled and dealt one-on-one with our clients and their family. They spent time on the phone with them to be sure they got all their questions answered and did a fantastic job dealing with Medicare.

J. Daniel Clark
Clark Martino, P.A.

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