When it comes to personal injury claims, settling out of court is often the most popular option. Between 80 and 92% of cases are handled outside the courtroom, and it's much less stressful than going to trial. But is it always the best option? Let's look at the pros and cons of settling and going to trial for your personal injury claim. The negotiation process for a settlement includes collecting information and evidence related to your case. Your Personal Injury Attorney in North Charleston will document everything and file a lawsuit against the insurance company, starting the negotiation process. Settlements are usually faster than lawsuits, taking just three months to complete, while a trial could take up to a year.
Agreements are also usually cheaper and tend to cost less. If you go to trial and a court rules in your favor, you are likely to receive a higher financial reward than the settlement offer. This is because their case was notable enough to be heard by a jury, who in turn is likely to award compensation considering the seriousness of the matter and justice. The insurance company that represents the negligent party can offer you a settlement. The question is, should you accept the settlement or take your case to trial? If you decide to accept an out-of-court settlement, you will receive compensation and your case will never go to trial. If you go to trial, you can win more compensation, but you also risk losing the case. If your personal injury lawyer can get you a fair settlement for your injuries and damages without the need for a trial, there's no reason not to settle out of court.
However, if you have filed a serious personal injury lawsuit, it is strongly recommended that you let an attorney assess the value of your case before accepting a settlement offer from the other party. The disadvantages of settling include potentially smaller compensation amounts, and the person responsible for your injuries doesn't necessarily have to admit to having committed any crime. As we said before, it's very common for personal injury claims to be resolved long before they go to trial. The Louis personal injury lawyers at Sumner Law Group, LLC can help you decide if accepting a settlement or going to trial is in your best interest. They can assess the value of your case and advise you on whether or not it's worth taking your claim to court.