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We call ourselves "litigators" but we're really "settlers" -- settlements are the staple of our profession. And taxation of the amount received by the plaintiff is at the core of every settlement. After all, at the end of the day, the principal force driving the settlement is how much the plaintiff will pocket in order to make him or her feel whole.
October 22, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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