Do most personal injury lawsuits settle out of court?
Yes. Settling a lawsuit out of court is often advantageous to both the plaintiff and to the defendants. The advantages for the plaintiff are knowing exactly what compensation they will receive and avoiding the risks attendant to trial, including the risk that a jury will find for the defendants and the plaintiff will get nothing. The defendants, meanwhile, avoid the bad publicity of a drawn-out trial and the possibility of a huge award of damages against them.
The majority of personal injury lawsuits are resolved by settlement. Settlement can be a lengthy process with many failed attempts to reach an agreement. Sometimes cases are settled even after a formal trial begins.
Even though most cases settle, plaintiffs get better settlements if they prepare to go to trial. The threat of trial is a powerful incentive to settle, and it is the plaintiffs’ best leverage. The Lietz Law Firm prepares each case as though we are going to trial, even though we know that most cases settle.
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