Yes. Attorneys may structure all or a portion of their contingency fee into guaranteed, tax- deferred periodic payments instead of receiving the entire fee as a lump sum. Payment schedules can be customized using a fixed annuity, a market-based structured settlement, or a combination to help meet individual financial goals.

Structured attorney fees are taxable as they are received, rather than entirely in the year of settlement. This may provide tax- deferral benefits and allow income to be spread over multiple years.