ABA Law Student Podcast
Demystifying Tax Law: Structured Settlements, Strategy, and Career Satisfaction with Jeremy Babener
Tax strategy is one of the most misunderstood and underutilized tools in litigation. In this episode of the ABA Law Student Podcast, tax law expert Jeremy Babener shares how he developed a passion for and career in tax law and settlement consulting. Jeremy breaks down the mechanics of structured settlements, explaining how tax attorneys collaborate with trial lawyers behind the scenes to preserve settlement value for plaintiffs. The discussion clarifies the key differences between tax controversy, estate planning, and tax planning, while debunking the myth that tax law requires complex math. Learn why tax law boasts high career satisfaction, how tax principles touch practice areas from family law to personal injury, and why taking a basic tax course is an essential move for any future attorney. Plus, our newest student co-host, Charnese Ballard joins Todd and Eve to bring her own perspective to the episode. We’re looking forward to hearing all she brings to the table over the rest of the season. (00:00) - Intro: Unlocking Tax Strategy in Litigation (01:45) - Welcome New Co-Host Charnese Ballard (02:35) - Guest Introduction: Jeremy Babener’s Tax Career (04:32) - From Federal Tort Claims to U.S. Treasury Tax Policy (08:41) - Understanding Structured Settlements and Tax Strategy (13:32) - Collaborating with Trial Lawyers as Settlement Counsel (17:54) - Tax Controversy vs. Estate Planning vs. Tax Planning (22:25) - Debunking the Math Myth: Strategy and Statutory Interpretation (26:33) - Why Every Law Student Should Take Federal Income Tax (32:33) - Public Policy, IRS Disputes, and Career Satisfaction (38:07) - Host Debrief: How Tax Principles Touch Every Practice Area (44:20) - Class Selection Advice: Broadening Horizons in Law School Click here to view the episode transcript.
