Why Do Most Personal Injury Cases Settle?
The vast majority of the many personal injury cases in the US will settle without going to trial. One reason parties settle is to avoid the uncertainty associated with the process. Another is to save money. Litigation is expensive, and also time-consuming for attorneys. Even if the plaintiff wins, they may have to wait years before receiving compensation. Another reason for settlements is that the parties may want to prevent certain information from being publicly revealed. Trials can also be very stressful. Finally, settling a case can allow the defendant to avoid admitting liability.
Key Takeaways:
- Litigation is expensive and time-consuming, and it can take a long time to receive compensation if you win.
- Parties may want to avoid a court trial because they don’t want private information to be revealed.
- Settlements usually have language that allows the defendant to avoid an admission of liability.
“most of these cases will never make it to trial; the vast majority will reach a settlement”
Read more: https://www.nolo.com/legal-encyclopedia/why-do-most-personal-injury-cases-settle.html