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Most parties resolve their legal disputes by settling their cases instead of taking them to trial. What is settling, and what should you consider if you are offered a settlement? When opposing parties reach a settlement of their legal conflict, it means they come to a binding agreement without a judge or jury decision.

personal-injury-Honolulu-HIPersonal injury claims, such as auto accident cases, often settle without filing lawsuits. In these situations, personal injury attorneys send the insurer a demand letter outlining the facts and laws that apply to the claim and stating an amount the injured party is willing to settle for. The insurer typically responds by offering to pay a lesser amount and negotiations begin.

Parties can settle at any time, even after a jury verdict. Here are points to consider in deciding whether to accept a settlement offer:

  • Privacy: Settlements are usually private and confidential, while trials and jury verdicts are open to the public. 
  • Fairness: After costs, fees, and expenses are deducted, will you receive a fair amount compared to your loss and the available sources of compensation? 
  • Stress: Is it worth the financial expense and emotional stress to go through a trial? There is no guarantee you will receive more in a trial, and you may receive less.

If you’re considering a settlement on your case, you can count on Charles H. Brower Law Corporation to negotiate the best possible terms for personal injury, wrongful termination, and sexual harassment claims in Honolulu, HI. These seasoned professionals will review all the benefits and drawbacks of any offers so you can make a wise decision. Call (808) 526-2688 to schedule a consultation, or visit their website to find out how they will help you.

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