Periodic Judgment Analysis and Preparation
We perform pre- and post-verdict analysis to measure the present value and potential exposure before trial and the actual cost after trial. CCI is a leading provider of CLE programs on periodic judgments in New York. We counsel and train the Bench and Bar on the use of structured settlements and on the case law, mechanics and calculations required on periodic judgments entered after trial.
Converting Verdicts into Judgments
If your case does not settle and results in a verdict that must be converted into a Periodic Judgment, whether under NY Law (e.g. CPLR Article 50-A or 50-B) or other states having Periodic Judgment statutes, our legal team will analyze the verdict (including any additurs or remittiturs) and craft a legally compliant judgment for counsel’s review. CCI will appear in court with you to assist in settling the judgment and will provide expert testimony when necessary. And we will do all of this at No Charge.
What We Offer - Free of Charge
Our approach has proven so valuable to our attorney clients in New York that we are setting aside entire days, usually one a month, where we set up shop in a law firm’s offices where partners and associates can stop in during the day for an on the spot 50-A or 50-B analysis. Those attorneys who “get it” realize that arming themselves with this information will lead to better, faster settlements. And since we never charge for any of our services, there is no downside risk to engaging Creative Capital for this work.
Many attorneys believe that New York’s Periodic Judgment statutes, CPLR Articles 50-A & 50-B, are post-trial statutes that govern the form of judgment. While this is true, the real benefit of these statutes, often overlooked, is found when counsel engages CCI to calculate the JUDGMENT COST to the defense PRIOR TO TRIAL. Our experts will take plaintiff’s projected provable damages, run them through our proprietary software/spreadsheets, to determine precisely what it would cost the defendant to pay if the case resulted in a verdict for the plaintiff. In many cases, the defendant’s cost is a multiple of the jury’s verdict. By “educating” defendants, carriers, mediators and JHOs of defendant’s real EXPOSURE, many of our attorney clients have achieved far more favorable settlement than would have otherwise been possible.
With Creative Capital, you will always understand the full Periodic Judgment value of your case, even before the first settlement conference. We perform pre- and post-verdict analyses to measure the present value and defendant’s potential exposure before trial and the actual cost after trial. CCI is the foremost authority in educating the Bench and Bar on the use and application of Periodic Judgment statutes and in converting verdicts into judgments under New York’s CPLR Article 50-A and Article 50-B. Creative’s team prepares an analysis on its proprietary spreadsheets, drafts the Periodic Judgment for your review, and is available to appear in court with you to settle the judgment – all Free of Charge. Our analyses & methodology have been accepted and recognized for accuracy by judges and judgment clerks throughout the state of New York.