Pop culture depictions of the legal profession can be misleading. Many people expect lawsuits to go to trial, whether a civil or criminal case. They’re also surprised to learn that lawsuits can take years, from initial complaint to eventual verdict or settlement. Trials can stretch out for months, depending on their complexity.
The vast majority of civil cases settle out of court. About 95 percent of litigants will never see the inside of the courtroom—and believe it or not, that’s a good thing. When you have an experienced personal injury attorney on your side, you’re more likely to cut down on the time it takes to reach a resolution. Trials are time-consuming and expensive, and there are no guarantees a jury will come back with a favorable verdict.
The team at the Law Offices of Tim Misny is experienced in handling both trials and settlements. When you have a personal injury case, we can help you recover compensation.
What is a settlement?
Settling out of court is, essentially, an agreement to drop the lawsuit in exchange for compensation. For instance, an insurance company may agree to pay you a large lump sum for injuries and property damage sustained in a car accident. Whether that sum is fair compensation for your injuries—and whether you could get more at trial—depends on individual circumstances.
Typically, a defendant will offer a settlement when there’s significant evidence of fault. It’s a way to save money. Not only will they save on lawyers’ fees and time spent litigating, but a jury may award damages which exceed their settlement offer.
When should I settle?
Before deciding whether to reject or accept a settlement offer, always talk to your personal injury attorney.
Your attorney will calculate the damages to which you’re entitled, and help you come up with the minimum amount you should accept. This factors in contingency fees and the defendant’s insurance coverage.
Next, your lawyer will discuss the strength of your case: the strength of the evidence, your credibility and other practical issues which could affect the amount. They’ll also let you know how juries have ruled in similar cases.
If the settlement offer is lacking, your lawyer may come up with a counteroffer. If you cannot reach an agreement with the defense, the case will go to trial.
Find out whether you have a valid legal claim, whether you should settle and for how much. Call the Law Offices of Tim Misny today to schedule a consultation.
Find out more about your claim today
The Law Offices of Tim Misny can help you reach a favorable outcome in your case. When you’re the victim of negligence or recklessness, I’ll Make Them Pay!® Call my office at (800) 556-4769 so that I can evaluate your case right away.