Different Ways to Settle a
Personal Injury Lawsuit
TYPES OF SETTLEMENT If your accident attorney has to file a lawsuit, there are two common ways the suit can come to a resolution: formal and informal settlements.
1. FORMAL SETTLEMENT 2. INFORMAL SETTLEMENT
After a lawsuit’s entire timeline has occurred, including going to trial, the case comes to a formal settlement. During the trial, each party has an opportunity to present their case to either a judge or jury. After deliberation, either the judge or jury determines who wins the case as well as the amount that will be awarded to either party.
The majority of personal injury lawsuits are resolved by an informal settlement. This means that the parties are able to reach a settlement agreement before the case goes to trial. In some cases, an informal settlement can even take place before the injured party files a lawsuit.
When you are injured as a result of someone else’s recklessness or negligence, the last thing you may want to think about is filing a personal injury claim. Once you have decided to file a claim, it is important to hire an NYC personal injury attorney. An experienced attorney will fight to protect your legal rights and help you get the best settlement possible. It is important to realize that not all claims are resolved the same. Depending on the specific facts of your case, your attorney may need to file a lawsuit to get you the full compensation that you deserve.
Contact Information
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