Posted on January 28, 2018 

When you first become injured in a car accident, the two things you may be thinking of are this: “I need to receive medical treatment” and “I need to talk to a lawyer.” Most people automatically assume that they will be pursuing personal injury damages in court, but the truth is, only up to 5% of personal injury claims ever see the inside of a courtroom. Why? Because many cases stop at the personal injury settlement process.

The Basics of Personal Injury Settlement 

personal injury settlementSettlement is the decision process many people make in car accident injury cases when they would rather not have their case settled by a judge or jury. This means the defendant, or the person who was responsible for the accident, will offer a certain sum of money to the plaintiff. However, then you must sign a release that says that you will not take these matters to court. Settlement sometimes doesn’t start at the beginning of the case. Sometimes, settlement takes place in the middle of litigation, when two parties decide that it’s best to settle instead of leave the fate of their case in the hands of a jury.

Many people think that, in choosing settlement, they will not get the outcome they were hoping for, but this is not always the case. Here are some of the benefits to settlement:

Expense: You will find that the litigation process is packed with expenses. This includes paying for attorneys, expert witnesses, the discovery process, traveling to and from, and so much more. You can reduce these expenses when you choose to go through settlement instead.

Stress: You may discover that many parts of the trial process are difficult and stressful. This includes anticipation as you await results, cross-examination, and many other aspects. 

Privacy: When a case goes to trial, court documents become public record, which means that anybody can access them. If you want your matters to stay as private as possible, you want to choose settlement. Most settlements use what is called a “confidentiality clause,” which will keep your matters safe between you and the other party.

When You Will Receive the Money

You may receive compensation for things like past and future medical expenses, future lost wages, loss of earning capacity, property damage, physical pain, emotional suffering, and so much more when you have been injured in a devastating car accident. Before you receive your settlement income, you want to reach maximum medical recovery, which means that you have recovered to the extent you are able to physically recover from. We will work to progress your case as quickly as possible to ensure that you can move on with your life.

At the Accident Law Group, we want to help you receive the compensation you deserve in your time of need. If you have been injured in a car accident, you may wonder: Should I choose litigation or settlement? The choice is up to you. Call us today at 602-262-4254 for more information.

Sources

https://www.lawyers.com/legal-info/research/to-settle-or-not-to-settle-that-is-the-question.html