What is it about law professors? They start out like the rest of us lawyers. They usually have the same backgrounds and receive the same legal educations we do. When the rest of us go into practice, we have to back up everything we say with facts, studies, testimony, cases, etc. But the statements of

One of our colleagues recently called with a question about the tax treatment of settlement agreements that contain confidentiality provisions.

Apparently, the IRS is trying to capture some of the money that has been changing hands in settlements that are treated confidentially. Although the portion of the settlement payment made in compensation for personal injuries

As readers of this blog know, we root for the defense here.

We really have no choice. Since we represent drug and device companies in product liability cases for a living, we can’t publicly say things that could later be used against us (or our clients, or our colleagues). So we might occasionally have a