What Does it Mean to Settle a Case?

What Does it Mean to Settle a Case?

If you or someone you know is involved in a personal injury case, then you know that the process can be long and daunting. The court appearances and paperwork involved in such a case not only can be tedious for the person who is filing the suit, but also for the defendant. In some cases, the person or organization that be being filed against will seek a settlement rather than going through the entire court process. What is a personal injury settlement and how might it affect your case?

A settlement, as it pertains to personal injury law, is when the injuring party decides, outside of the court system, to relinquish the financial compensation that they are being filed for. This can be done before the case goes to trial or anytime during the trial before a final verdict is reached. The person or organization may want to go this route rather than wait for a verdict for a number of reasons. Sometimes they may feel that the court would mandate they provide more money than they would like to give and therefore they may try to make a lower offer or sometimes they don’t want the ongoing legal costs or media attention associated with a longer trial.

As the plaintiff seeking financial compensation, it is sometimes a good idea to accept a settlement offer, while sometimes it is not. If the person filing the case feels that they may lose it in a court battle, he or she may want to accept what it being offered rather than risk not receiving any funds. Conversely, the plaintiff may choose to reject the settlement offer if he or she feels that the chances of winning the case are strong and more funds may be dispensed than are in the settlement. Remember too that once a settlement is agreed upon, the case is completely over and may not be reopened, so any decision should be made cautiously.

Ultimately, it depends on the individual case as to whether or not a settlement should be taken. Depending on the circumstances and evidence in the case, it may be a good idea to “take what you can get” or to see the trial through to the end and receive more financial compensation than expected. In every personal injury case, it is a good idea to enlist the assistance of an attorney that is well-versed in personal injury law and has experience with such cases. At the Franco Law Firm, we have the skill and the experience in Florida courts, so we are at the ready to offer you the best guidance possible and ensure that you receive the financial restitution that you deserve. For more information and to schedule a free consultation, please call us at 813 872 0929.