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How Does a Settlement Work

How Does a Settlement Work

By: New Jersey Motorcycle Accident Attorney
Andrew S. Prince

1-(800)-TEAM-LAW (832-6529)
aprinceesq@aol.com

Court cases are complicated affairs and one can easily become confused with the proceedings and terminology. A major part of court cases can play a sizeable role in personal injury cases, especially in an out-of-court settlement. I would like to take some time to explain exactly what they are and how they work.

As stated before, court cases are not only very complicated, but they can also be incredibly expensive and time-consuming. Despite this, they can often result in no resolution or satisfaction. Settlements aim to resolve disputes outside of the courtroom. Most lawsuits end in a settlement with research finding that less than 2% of cases in the United Sates end with a trial by jury. Of court cases, 90% of tort cases are settled out of court and roughly half of all other civil cases result in settlement.

Settlements are agreements between the two parties involved in the case coming together and discussing on their own the best way to resolve the case, often resulting in payment of damages from one party to another. Once the two parties reach a decision, be it through face-to-face negotiation or through mediation of a third party, the decision is submitted to the courts to ensure each party holds up their side of the agreement.

A great deal of benefits come with settlements. Trials can cause a great deal of stress for both parties and their outcomes are often far less predictable than those of settlements. Settlements are often the preferred course of action for the defendants, as they do not require an admission of guilt, while lost court cases prove the defendant liable for the plaintiff’s injuries.

I hope that this may serve to educate you on the inner workings of out-of-court settlements and be a useful tool when you need to seek legal assistance in a future court case. And if you or someone you love has suffered a personal injury, I, Andrew S. Prince, a personal injury attorney with decades of experience, is ready to help you every step of the way, be it a settlement or a full trial. Please feel free to contact me at (732) 482-1533 (direct line) or (732) 388-5454 (office) or email me at aprinceesq@aol.com. There is never a charge for a consultation.

Andrew S. Prince, Esq.
TEAM-LAW
136 Central Avenue
Clark, NJ 07066
(732) 388-5454 – office
1 (800) 832-6529 – toll free
(732) 482-1533 – direct
(732) 388-8711 – fax

Aprinceesq@aol.com
Additional Offices in New Jersey
Edison, East Brunswick, Jersey City,
Newark, Orange, Perth Amboy and Westfield

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