On 6/15/93, a structured settlement was agreed upon during jury selection in the Supreme Court, Bronx County with present value of $950,000 plus the waiver of a $50,000 lien. Plaintiff, a 28-year-old ironworker, earning $47,000 annually, claimed permanent disability for an L5-S1 disc herniated with nerve root impingement as a result of being struck by a pile of wood improperly bound at a construction site.