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To Settle or Not to Settle: A Case Dilemma |
by:
Paul Hood |
A dilemma besetting many cases is the question whether to settle or not. A practical assessment of your position with the aid of a trusted lawyer will provide the answer.
It is never easy to make a decision like settling a case. Many factors come into play but a thing to be remembered is that choosing to settle is based on calculated risks and chances of winning litigation.
If you find yourself in a trial, you or your opponent may choose to offer the other party to settle the case before it reaches court. This discussion of the case is “without prejudice” meaning that you are not bound by any agreement whatsoever if you change your mind prior to receiving the money or before the court is informed of your agreement.
Choosing to settle a case may well be beneficial to you as it can save you a great deal of money and time. Not including the fact that opting to pursue the case may prove to be your own undoing. There is the risk of a prolonged trial or even loss and the cost it will entail may not be the best for you. Indeed it may sound unfair but strains on your personal relationships as well as on your business can be avoided if you choose to settle.
Sometimes, settling can be very difficult. Even if the parties agree about who was at fault in a case, the case may not settle due to a dispute over the amount of damages sustained by the plaintiff. Cases often proceed to trial on the sole issue of damages. Thus, most lawyers will work the case as if it will proceed to trial and hope that their work will enlighten the other side about the need to settle the case. If the case does not settle, that lawyer is then ultimately prepared to try a good case with the best potential for a favorable outcome.
To arrive at a final decision, it is best to enlist the aid of a lawyer who is familiar with the issues attached to making settlements. An experienced attorney can help you be familiar with the workings of settling. Plus, he can give you the most that you can get out of your settlement. The law can be very complex and having a lawyer to guide to step by step can be a very enlightening experience.
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