THE BURBANK GROUP Service and Support There are a large number of sources who can provide 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 a 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�". All that remains is the valuation, extension and allocation of Awards. We have developed systems to perform the valuation, extensions and allocation of Awards, and to produce some or all of the following reports, We offer our services in three ways, Full Award and Valuation Development. We provide full Award development, valuation and adjustment services.
We perform data entry for elements, offsets and adjustments, and make the allocation of the Award between past and future damages. The valuation proceeds in line with the provisions of the statute.
We calculate interim periodic payments, adjustments to element Net discounted Values, and calculate 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 $750 per case, and most cases
can be resolved within that cost. In the event that the client looks to test different valuation scenarios or variable alternatives without incurring substantial support costs, we will supply a case data file and system access for an one-time charge of $250. Licensing of Award and Valuation Systems. For large volume users, we will license systems use and provide support for an extended period. Access will be online and controlled by case identifiers. In the event that the licensee wishes to have full control of access and data, we are prepared to license our programs on a
devoted basis by providing direct access and control of the systems. This would require a substantial commitment and non-refundable deposits to
ensure that there is protection from unauthorized proliferation. For the
continuing payment of the fees, we will provide In either case, we are prepared to provide training and materials
for users, at a negotiated cost based on the number of participants. 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 $750 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. 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. |