Out of Court Settlements
Many personal injury lawsuits end in out of court settlements. As the name implies, these settlements are reached without court intervention. In many cases, out of court settlements provide quicker and cheaper resolutions to personal injury cases.
Though many individuals avoid court, it is important to retain your lawyer if you choose to settle out of court, as there may be complicated legal documents involved. If you or someone you love suffered an injury because of someone else’s negligence, contact the Chicago personal injury lawyers of Friedman & Bonebrake, P.C. at 312-466-8200.
Reaching a Settlement
For certain cases, it may be in the interest of both the defendant and the prosecutor to settle a lawsuit out of court. Out of court settlements generally are faster and generate less attention than a lengthy, public court case, and they do not depend on the judgments of a judge or jury. If one party in a lawsuit is interested in settling the lawsuit out of court, that party’s lawyer will generally meet with the other party’s attorney to see if a settlement agreement could be a possibility.
In many cases, both parties’ attorneys will negotiate the terms of the settlement, which usually involves determining how much financial compensation the injured individual will receive. Both parties must agree to these terms before a settlement is officially reached. If a settlement agreement cannot be reached, the case will likely proceed to court.
It is important to note that individuals who settle with their accusers are not necessarily admitting guilt.
Contact Us
The Chicago personal injury attorneys of Friedman & Bonebrake, P.C. are prepared to negotiate terms of out of court settlements or represent you in court if you have been injured. Contact our office today at 312-466-8200 to learn more about your legal rights.