Choose Milestone to leverage technology and personalized service to streamline distribution for your clients.
Integrate an efficient, streamlined disbursement process that provides your mass tort clients with digital payment methods.
With Milestone’s Pathway platform:
Save your law firm time and money by utilizing Pathway for mass tort settlement administration.
of all parties involved in the litigation.
through the post settlement process.
of the settlement funds and waves of distribution.
and communication with attorneys throughout the process.
Here’s a rundown of the process.
Milestone establishes the master qualified settlement fund for your law firm and any additional accounts needed. We will handle all the paperwork, including court filings, tax filings, administration, opening the bank account, purchasing checks, and more.
One of the most important steps in the process is ensuring the correct language is added to the Master Settlement Agreement. This language will release the funds to your QSF. This is typically done through a payee line in the settlement or release agreement. We will provide sample language for you to use in order to ensure funds are paid directly into the QSF. Your law firm will need to provide these instructions to the defendant.
Utilizing a mass tort QSF with Milestone is the most sophisticated approach to settlement, as it allows for stronger coordination and planning before the funds are constructively received by you and your clients. When you settle cases into your QSF, Milestone acts as an extension of your firm, helping your accounting team organize client data and properly coordinate all aspects of distribution.
Milestone serves as an entire back office to ensure all claims are paid accurately and promptly. We provide accounting breakdowns of all previous payments to referral, local, dual, and co-counsel attorneys, and we field inquiries regarding additional fee payments and holdbacks. Payments can be made via checks, ACH, wire, or digital disbursement. Throughout the process, our team provides full transparency into account balances and available transaction history.
Milestone has made thousands of settlement disbursements with a total payout reaching billions of dollars. Below is a sample of litigation in which Milestone assisted through qualified settlement fund administration and/or plaintiff settlement planning.
Law firms do not have to utilize the mass tort QSF administrator that leadership appoints. But why take the extra step? There are several benefits to selecting your own administrator to handle disbursement for your cases:
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