What Are Out Of Court Settlements In Personal Injury Cases?

Posted on

Most personal injury cases settle out of court. This means that rather than spending resources and time on litigation to bring the case to trial, the parties involved negotiate and agree on how much compensation or settlement amount the plaintiff will receive. 

When might an out-of-court settlement occur? 

The liable party might make a settlement offer before the plaintiff has filed a lawsuit but after the personal injury claim arises. Alternatively, the responsible party might make an offer after a lawsuit has been filed, or during the trial but before getting the final verdict. 

Typically, once the out-of-court settlement has been reached, the plaintiff relinquishes all claims against the liable party stemming from the incident or accident that the personal injury claim is based upon, in exchange for the agreed-upon payment. 

For instance, the insurance provider of a negligent driver might offer a settlement of $64,000 to the plaintiff in an auto accident claim. In order to receive the $64,000 settlement, the plaintiff would be required to sign a document agreeing that they won’t file a lawsuit against the driver or pursue other legal remedies in connection with the auto accident  

Talk to a Skilled Personal Injury Lawyer in Greenville

If you are thinking of filing a personal injury claim after getting hurt in an accident because of someone else’s negligent acts, then don’t hesitate to get in touch with the David R. Price Jr., P.A. law firm. Our personal injury lawyers in Greenville can help you understand more about your claim, your rights to compensation, and the best legal options for your case. You can schedule a free case evaluation by calling 864-392-3278 or filling out our online form

Personal Injury FAQ

What’s included in a personal injury settlement?

A personal injury settlement includes compensation for a claimant’s damages or losses, including medical bills, lost earnings, and compensation for pain and suffering. 

Can I negotiate a settlement without a lawyer? 

You can, but you may not be fully aware of your rights and obligations.  For that reason, consider discussing your personal injury claim with a lawyer during a free consultation to determine whether you should take on settlement negotiations on your own. 

What is a personal injury lawsuit?

A personal injury lawsuit occurs when an injured victim initiates legal action against another individual or entity (like a product manufacturer, government agency, company, hospital, etc.) for damages incurred by the victim.  The lawsuit is the legal mechanism that results in a court trial.

[Related Posts]: Settling A Personal Injury Claim With An Insurance Company 


Contact Us Today For Your
Free Case Review or call:

(864) 271-2636