Many personal injury cases settle before they go to trial. A settlement is an agreement between the plaintiffs and the defendant to settle a dispute. A structured settlement payout can be in the form a lump sum payment or a periodic payment. When structuring a settlement there are many factors you should consider, such as the nature of your injury, future costs, the ability of the defendant to pay and the ability of the plaintiff to pay for the costs of going on trial.

To structure a settlement, the first step is to determine the future value of the damages. This involves estimating the future damages due to the injury. The present value is the amount that would be needed today to pay all future costs. If the future medical expenses are $100,000, then the present value is $100,000 multiplied with the discount rate. The discount rate is the rate at which you could earn a return on an investment that has the same risk as future damages. If the discount rate was 5%, then the present value for future medical expenses would be $100,000 multiplied with 0.05 or $5,000.

Next, determine the defendant’s financial ability to pay. This involves assessing the defendant’s financial resources and any insurance coverage. The plaintiff might want to make periodic payments if the defendant has low income or assets. This would ensure that the plaintiff gets some compensation even if defendant is unable or unwilling to pay full amount.

The last step is to determine whether the plaintiff can afford the trial costs. This includes hiring an attorney and any expert witnesses. In order to avoid getting into debt, the plaintiff may be willing to settle for a smaller amount if he or she does not have the financial means to pay these costs.

It is important to take into account all the above factors when structuring a settlement. This will allow you to maximize your compensation and ensure that you have the funds to pay for the trial costs.

The statute of limitations is another important aspect to be aware of when structuring a settlement. This is the time the plaintiff must file a lawsuit. The plaintiff cannot recover damages if he or she does not file a suit within the prescribed time limit. It is important that you consult an attorney about the applicable statute of limitations.

Sometimes, the plaintiff might be willing to settle for a smaller amount to avoid trial. Because trial costs can be high and the plaintiff may not win, this is a good option. Although the plaintiff may win, the amount awarded to him or her could be higher than the settlement offer.

You should also consider the tax implications of any settlement. The plaintiff will have to pay taxes on any lump-sum payment if the settlement is in form of a settlement. Before accepting any settlement offer, it is a good idea to speak with a tax advisor or accountant.

There are many things to take into consideration when structuring a settlement. You can maximize your compensation by taking the time to fully understand the available options.

Prime Secure has been handling Construction Security in the UK for 20 years, and in that time, we’ve worked in a huge range of different properties and settings. In this article, we’ll discuss why it’s so important to keep your Construction Site secure, and what measures you need to keep your property safe.

Why is Construction Site Security So Important?

Construction is one of the largest industries in the UK, and among the most important in the country. There’s always some kind of construction project going on, and Construction Sites host a huge amount of important equipment, fuel and other supplies of interest to criminals, thieves and vandals. Given that much of this equipment is left overnight in open, easy to access spaces, it is usually regarded by criminals as being easy to steal or vandalise.

Given the fact that nearly £800 million is lost annually by the British construction industry as a result of theft (also including the costs of damages, delays and increases in insurance premiums) – it appears this judgement isn’t unfair. Poor or limited security directly contributes to serious financial losses. Often the same site will be targeted multiple times, as once it’s recognised as vulnerable or easy to access it will draw a large amount of interest from criminals. Criminal activity results in,

• Problems for property and equipment
• Issues for working operations
• Danger to human health

Not only are there issues of financial losses, but in the worst cases there’s the potential for litigation and legal action if vandalism results in safety issues.

One of the problems of providing effective security is that a Construction Site is not the same as a building or other property. It is open, large and constantly changing. Each Construction Site will often require different needs.

Prime Secure has extensive experience working in various Construction Sites all across the UK and has a range of measures which can ensure your property is provided with effective, long lasting security that’ll keep it protected from criminals.

How to Secure your Construction Site (H2)

There’s a range of measures which can be taken to keep your property safe.

Deterrence

The best time to stop crime is before the crime takes place. A number of security measures are excellent at deterring criminals and vandals. These include,

• CCTV Towers
• Alarms
• Manned Guarding Services

These are superb options because they are visible deterrents. CCTV Towers for example, are some of the best deterrents on the market – many criminals will avoid any property with CCTV out of fear of being caught on camera (which increases the potential not only to be caught by police but prosecuted as well). By going with Prime Secure CCTV Towers, you can make use of a highly visible deterrent which will keep criminals at bay.

The same goes for Alarms and Manned Guarding Services. The presence of Prime Secure Alarm and Guarding Service will do a great deal to ward off criminals, who will recognise the increased potential to be caught. In many cases, a visible Manned Guarding Service on its own can do a huge amount to ensure criminals avoid a property. They will recognise the potential to be physically apprehended. Manned Guarding services are also excellent for ensuring members of the public do not accidentally wander into the property.

Long Term Security

In some cases, it will not be possible to prevent crimes or security breaches. In these cases, it will be necessary to have an efficient security apparatus present. The same measures remain effective,

• CCTV Towers
• Alarms and Keyholding Services
• Manned Guarding Services

Recordings are vital; not only can they help the police in tracking down the criminals and apprehending them, but they can help guarantee a prosecution. With Prime Secure CCTV towers, you’ll have access to high quality, crisp 4K footage with low-light technologies – helping to guarantee convictions and prosecutions.

Prime Secure CCTV Towers are especially helpful because they are mobile and easy to move around the site, regarding a minimal

In the case an alarm is tripped, Prime Secure Keyholding Service guarantees a quick, immediate response – and ensures you or one of your employees do not have to enter potentially difficult situations yourself. The same benefits come with Prime Secure Manned Guarding options; in the case that intruders enter the site, you can rely on trained professionals (fully licensed by the Security Industry Authority) to handle the situation – rather than see you or an employee forced to enter a potentially difficult scenario.

Why Prime Secure?

Why go with Prime Secure? Our team has well over 20 years’ experience providing security all over the UK, and have a wealth of in the field