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Farar & Lewis LLP is a top rated law firm, with over 40 years of combined experience. Our attorneys have won over $100 million, in combined verdicts and settlements for our clients. You deserve compensation for your pain and suffering, and it's our job to get it for you.

A Practice Dedicated Exclusively To Helping Injury Victims

If you have been injured in an auto accident or another type of accident that you did not cause, it is important that you seek the advice of a qualified California personal injury attorney who knows the law and has the ability to secure the compensation you deserve. At the law firm of Farar & Lewis LLP, we represent Southern California clients through some of the most difficult times of their lives.

We know how overwhelming it can be for injury victims to deal with overzealous insurance adjusters who want to settle their claims for as little as possible. We take the burden of the legal issues off your shoulders and work directly with the insurance company to negotiate a settlement that provides the medical care and financial support necessary to facilitate your recovery. If a fair settlement cannot be negotiated, we will take your case to court.

Our Iron-Clad Commitment To YOU

We are committed to you and your right to no-nonsense legal representation, timely communication and full compensation. We pride ourselves on providing punctual and honest case assessments.

Our team of trial lawyers has over 40 years of combined experience, fighting on behalf of victims all over the state of California. get a free consultation


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How do structured settlements work?

Here’s a highly informative article written by Todd Spodek – a top rated criminal attorney. A structured settlement is a way of getting paid in smaller, periodic payments rather than in one lump sum. This is a way of getting paid for your injury. You receive a structured settlement after you file a case in court, and the other side offers to pay you by using a structured settlement. Instead of paying you a lump sum amount, you agree to receive the settlement in smaller payments over a period of time.

To receive a structured settlement, the other side must agree. There are many reasons that a defendant may offer you a structured settlement. In some cases, the defendant’s insurer funds the periodic payments by purchasing an annuity. It’s up to you and the defendant to agree on terms for your structured settlement. Your personal injury law firm can help you draft the settlement in detail.

Tax benefits

There are benefits to receiving a structured settlement. In many cases, the payments that you receive as part of a structured settlement are tax free. Whether or not each dollar is taxable depends on the reason for the payment. That is, compensation for medical bills may not be taxable but lost wages likely are. Your personal injury lawyer can help you determine which of your payments are taxable.

Even when payments are taxable, they’re taxable in the year that you receive them. In the end, you may end up paying lower taxes overall if you spread the payments out into multiple years. It’s important to remember that interest on your payments and punitive damages are likely taxable.

Tailoring the settlement to fit your life

When you agree to a settlement, you can arrange it in any way that you and the other side agree on. This can be helpful to tailor the specifics of the payments in order to suit your needs. You may need a large payment up front to cover expenses and smaller payments later on. On the other hand, you may prefer a smaller payment up front and increasing payments as you get older. In the case of a minor, you may want the payments to continue periodically until the child is old enough to receive a final cash payment and control their own finances.

Choosing a structured settlement allows you and your personal injury attorney to get creative as you think of the best possible arrangement to meet your needs. This can give you peace of mind to know that you have guaranteed income in the future. You also have the assurance that you’ll continue to receive the payments no matter what happens to the economy.


There are some downsides to a structured settlement that you should be aware of. With a structured settlement, you can’t access future payments if you need them now. If you have unexpected medical bills come up or you want to help someone pay for college, you’re not able to use funds that you haven’t received yet from the paying party.

In addition, with a structured settlement, you don’t have the option to invest the future funds. With a lump sum payment, you can invest the money as you choose. While a structured settlement guarantees your payments in the future, it also prevents you from being able to invest the money you’re going to receive. You’re also subject to changes in the economy that might cause inflation that reduces the buying power of your payments. Your attorney can help you weigh the pros and cons to decide if a structured settlement is the best option for you.

New York laws

New York has laws that protect victims when they agree to receive a structured settlement. These laws are called the Structured Settlement Protection Act. If a defendant offers a structured settlement, they must give the victim detailed and specific information about the amounts and dates of payment. This information must be in writing. It must include details about any costs that may be deducted from the payments.

The law aims to help victims who receive structured settlements. It wants to make sure that victims understand what they’re agreeing to. It also endeavors to make sure that defendants pay according to the terms they agree to in the settlement.

The state attorney general can assist in helping you enforce a structured settlement. If the defendant doesn’t pay according to the terms of the settlement, they can owe a fine in addition to the settlement payments. You can also receive attorney fees if you need help enforcing your structured settlement.

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