Why Settling a Personal Injury Claim Can Be of Benefit
Personal injury lawsuits often end in settlements, and these can have both advantages and disadvantages. The benefits may outweigh those disadvantages, however, because a personal injury lawsuit can take a very long time and be emotionally and financially draining. A settlement offers a faster solution that could see you back on the road to recovery instead of caught in a cycle of waiting and medical debt.
Settling a personal injury claim can be done at any time while a case is pending or in process. If the defendant thinks that the case might end in your favor anyway, he or she could offer a settlement amount that will most likely be less than what you’re looking for — but it could be enough to cover what you need. You could get compensation much more quickly than if you waited and pursued the lawsuit. You could also avoid having much of your court award taken away by increasing costs. While you’d still have legal fees to pay after a settlement, the fees wouldn’t be quite as high as they would have been had you waited.
You don’t have to accept the first settlement amount that you’re offered. However, you do have to be realistic about what you can get. If you’re offered a settlement, discuss it with your lawyer before accepting or rejecting it to ensure that you’re making the right move.
If you’ve been injured and want to sue the person who caused your injury, contact Eisenberg Law Offices at (608) 256-8356. One of our attorneys can help you with the case and evaluate settlement offers to ensure you’re getting the right deal.