What Can I Expect in a Personal Injury Settlement?
Often a settlement agreement can be the way a personal injury claim gets resolved. Rather than having a trial in civil court with the jury (or judge) awarding (or not awarding) damages to the victim, the parties can simply agree to a dollar amount to settle the claim. One purpose is save the both parties money as well as the court valuable time resources. The terms of the payment amount may be finalized in what is called a settlement agreement. Also, the person or company (or insurance company) may seek a settlement to reduce their chance of being liable to a higher damage award given by a sympathetic jury.
Learn more about the what construes a settlement agreement at LegalMatch.com.