Synergy Blog

Deferred Attorney Fees Can Really Add Up: Congrats to Synergy Law Firm Client Accumulating 1M in Fee Structures

Synergy wants to congratulate one of our best clients on achieving one million dollars in deferred legal fees since 2004.  The firm made the decision that out of every significant settlement, the three partners would set aside anywhere from $25,000 to $100,000 of their legal fees in attorney fee structures.  Even though they set aside a small amount of each fee earned over the years, it has added up to a large amount today.  Since they used attorney fee structures, the fees were invested pre-tax and are tax deferred until payments begin.  Given the fact that every financial plan should include fixed income, attorney fee structures or other tax deferral mechanisms for lawyers should be seriously considered.  Using these mechanisms it allows for investment in fixed income vehicles on a pre-tax basis and the money grows tax
deferred until distributed.

To learn more about tax-deferral strategies visit

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“Synergy is our guiding light for deferring our contingent legal fees and planning for retirement. The lawyers at Panter Panter & Sampedro, myself included, have been working with them for over ten years using different methods to defer comp and plan for retirement.”

Brett Panter
Panter, Panter & Sampedro

"I don't think I've directly said "thank you" for helping us with Bridgett’s case. We sent the reduced payment to Medicaid and called Bridgett's mom to tell her approximately how much money was going to be left for Bridgett and she broke down over the telephone. Given only $25k of insurance and a $850k medical bill from the hospital she didn't think Bridgett would ever see a penny."

Tom L. Copeland
Jeffrey Meldon & Associates, P.A.

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