Top Advantages of Settling Cases Outside of Court Explains By A Personal Injury Lawyer In Stoney Creek
The overwhelming majority of personal injury cases across the United States are settled out of court. Many of the cases are settled even before filing a lawsuit while others are settled well before a trial begins. A renowned personal injury lawyer in Stoney Creek opines, out of court settlement of this type of cases proves mutually beneficial for both plaintiffs and defendants. Litigation – on the other hand – lasts for an indefinite period of time and often leaves a bitter taste in the mouth for both the parties in the end.
Advantages of settling personal injury cases outside the court
• Litigation is costly for both parties, whereas settlement is usually more affordable
In typical lawsuits related to personal injury, the plaintiffs or victims work out a contingency fee arrangement with their personal injury lawyer in Stoney Creek. Usually, the deal is struck that the attorney will take around 33% of the compensatory damage awards if a settlement is reached within the pre-trial stage of a case. If a case reaches the stage of a court trial, then the attorney claims about 40% of the compensatory amount. But in reality, paying the attorney is not the only expense you incur while carrying on with a prosecution. There are court costs, commuting, taking leave from work, expert witnesses – a lot of things that also have to be factored in while tallying your expenses. And these factors work both ways. Therefore, the earlier a case is settled the litigation process is less costly for both a plaintiff and a defendant.
• Trials are often proved to be stressful
Usually, a personal injury trial does not go on for years together. It hardly lasts few days but that can be extremely stressful for every individual involved, warns a renowned personal injury lawyer in Stoney Creek. Depending on the level of contest unfurling inside the courtroom, both the parties may be summoned to the witness box and subjected to examination and cross examination. Even their personal characters as well as their pasts could be brought out and scrutinized in public. Moreover a few nights before every trial could prove to be excessively stressful for both parties and not just for their legal representatives alone. All these stresses and hardships can be avoided easily by negotiating a settlement where the defendant pays a considerable damage to the plaintiff and help the matter reach the end.
• Damages and liability are totally unpredictable
At the end of a trial a jury or judge may award a plaintiff much higher monetary compensation compared to what the defendant or his insurance adjuster offers to settle a case. However, there is no guarantee to that, points out a seasoned personal injury lawyer in Stoney Creek. As such trials are absolutely unpredictable. Establishing liability is even more difficult and unpredictable as well. For more information visit Our Website
Advantages of settling personal injury cases outside the court
• Litigation is costly for both parties, whereas settlement is usually more affordable
In typical lawsuits related to personal injury, the plaintiffs or victims work out a contingency fee arrangement with their personal injury lawyer in Stoney Creek. Usually, the deal is struck that the attorney will take around 33% of the compensatory damage awards if a settlement is reached within the pre-trial stage of a case. If a case reaches the stage of a court trial, then the attorney claims about 40% of the compensatory amount. But in reality, paying the attorney is not the only expense you incur while carrying on with a prosecution. There are court costs, commuting, taking leave from work, expert witnesses – a lot of things that also have to be factored in while tallying your expenses. And these factors work both ways. Therefore, the earlier a case is settled the litigation process is less costly for both a plaintiff and a defendant.
• Trials are often proved to be stressful
Usually, a personal injury trial does not go on for years together. It hardly lasts few days but that can be extremely stressful for every individual involved, warns a renowned personal injury lawyer in Stoney Creek. Depending on the level of contest unfurling inside the courtroom, both the parties may be summoned to the witness box and subjected to examination and cross examination. Even their personal characters as well as their pasts could be brought out and scrutinized in public. Moreover a few nights before every trial could prove to be excessively stressful for both parties and not just for their legal representatives alone. All these stresses and hardships can be avoided easily by negotiating a settlement where the defendant pays a considerable damage to the plaintiff and help the matter reach the end.
• Damages and liability are totally unpredictable
At the end of a trial a jury or judge may award a plaintiff much higher monetary compensation compared to what the defendant or his insurance adjuster offers to settle a case. However, there is no guarantee to that, points out a seasoned personal injury lawyer in Stoney Creek. As such trials are absolutely unpredictable. Establishing liability is even more difficult and unpredictable as well. For more information visit Our Website