Why It Can Be Advantageous to Settle a Personal Injury Claim

Why It Can Be Advantageous to Settle a Personal Injury Claim

If you have been involved in a personal injury situation, you are probably wondering what your options are. Most likely, you will want to be represented by an experienced attorney to make sure that you are able to recover damages. However, how far can you realistically expect your case to go? In reality, this depends on a number of factors. In many cases, it can make more sense to opt for a settlement of the matter. Learn about the benefits associated with settling a case in place of litigating.

Alleviate Hassles

As any experienced lawyer will tell you, litigation is a complicated, drawn-out process. Trials can take days to complete. In addition, there can be months of preparation time prior to the trial itself. You can avoid the stress and uncertainty by having your attorney seek out a settlement agreement instead. This will get you compensation a lot faster.

Consider the Cost Savings

In addition to being time consuming, litigation is also expensive. You may have to foot the bill for court filing fees, expert witness fees and a number of other expenses. In the end, this could detract from the amount you would receive as damages. Due to this, it can make more sense to maximize your recovery through a settlement.

Know What You Are Getting Into

It's true that you may be able to recover more damages if you win at trial. However, this is not a certainty. When you go to trial, you are faced with a lot of unknowns. The jury will make the final determination as to what an appropriate award is for your case. In addition, any of the facts uncovered at trial are a matter of public record. Therefore, if you want to secure a certain amount of damages in a private manner, it is best to consider settling your case.

Additional Considerations

All in all, there are many different factors that should play into your decision. You should consult an experienced attorney for tailored advice. In the end, it is important to realize that not every case needs to go to trial. In fact, the large majority of personal injury cases never see the inside of a courtroom. Considering this, make a wise choice when it comes to deciding whether to settle the matter.

For more assistance with personal injury cases, contact us at TR Spencer Law Office.

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