Is Accepting a Settlement or Heading to an Orlando Court a Better Choice?
When individuals and their families are recovering from a Florida car accident, they may not know how to achieve their best monetary damage recovery option. In most situations, the victim is able to land on a settlement offer that allows them to move forward with their lives, court is typically avoidable. According to one study, over 90% of claims do not see a courtroom. An experienced auto accident attorney knows how to maximize the value of a victim’s case and achieve reasonable settlements.
Of course, the details of each situation needs to be assessed individually. There are times when heading to court is appropriate. Discuss the pros and cons of accepting a settlement with a skilled Orlando car accident lawyer to understand your options.
Even During Litigation Settlements Are Possible
If a personal injury lawsuit is filed in Court, a settlement agreement is possible up to the moment a verdict is reached. Often, litigation is in process when a settlement is agreed upon. After all, an agreement is a formal recognition of dropping legal action and it can happen at whatever point both parties agree to a financial amount.
When you begin working with an attorney, it is likely the negotiation process will begin when your lawyer sends a demand letter, stating the injuries that you sustained in the car crash and the damages you incurred as a result of the accident. From there, the defendant may try to negotiate a settlement amount. In Florida, mediations are mandatory before trial and both parties will attend a settlement conference with an independent mediatior certified to conduct these proceedings. A trial occurs when landing on an agreement is not possible.
Settlements Are Often a Faster and Fair Option
Once options are assessed, many decide a settlement is the preferred course of action. There are a couple of reasons for this. For one, they are faster. The court process can take years and can be very costly . Also, if the amount is fair, taking it may be preferable because it is clear what you will be receiving. Trials can lead to uncertainty.
Naturally, there are times when going to court is the best solution for an appropriate damage recovery. If you are seeking a large damage recovery amount, it is important to weigh all of your options and understand the risks and strengths of settlements versus going to court. An Orlando car accident lawyer can help you understand and assess the risks of accepting or declining a settlement offer.
Does a current settlement offer have you wondering if court would be a better option? If you have medical bills, lost of income, pain and suffering or other expenses related to injuries in an accident, contact the Orlando personal injury attorneys at Israoui Law. You deserve a fair and just compensation for your loss. You should always contact an attorney before speaking to any insurance company representative. Call 407-381-4529 today. Turn to Israoui Law for the personal attention you deserve.