Should You Settle Your Personal Injury Case?
If you are injured, you might feel as if you are stuck between a rock and a hard place. How are you supposed to move forward with your case? If you have another attorney or insurance company offering to settle with you in court, you will have a lot of questions. This guide will help you determine if settling your case is the best option.
Settlements Reduce Stress
One of the major challenges associated with a court case is the stress that comes along with it. If your case takes days or weeks, you may be unable to work or care for your family. Plus, you may feel the stress of having your testimony and your evidence called into question. If you choose to settle your case, you can easily avoid the stress and drama of going to court every day.
Settlements Provide Privacy
One of the major concerns people have about a court case is the fact that all documents related to the court case could become public. Most people do not want their medical history making headlines or social media. If you are embarrassed about the potential release of court documents, a settlement may be a better idea.
Settlements Are a Win
If you are at risk of losing your court case, your personal injury attorney may advise you to take a settlement. You may not have all the evidence you need to prove the negligence of another party, so the settlement they offer you may be more than you would win in court. Sometimes, a settlement ensures you receive something rather than lose the potential for recouping your losses completely.
Settlements May Provide Less Money
While a settlement is technically a win for you, you may actually be entitled to more money as a result of your injury. The other party may offer you less than you deserve. If you experienced an especially severe injury, you need to compare the cost of the settlement with your medical bills, lost wages, and potential future disability linked to the accident. You will not be able to recover additional funds after accepting a settlement.
Settlement Save Time
Even if you have never been to court before, you might know that litigation takes a long time. In fact, personal injury lawsuits can take up to three years to complete, whereas you can have your settlement much sooner. For many people, settlements are more affordable as well. Many people simply don’t have the financial resources or time to dedicate to an entire personal injury trial.
Settlements Don’t Take Everything Into Account
Typically, lawyers base settlements on financial and physical losses, like lost wages and the costs of medical care. If you deal with pain and suffering as a result of the injury, the settlement may not take into account those considerations. If emotional pain and suffering play a role in your case, a court case could be the best choice.
Settlements Require Care
No matter how much money another individual offers you, you should always consult with a personal injury attorney before you settle. No decision related to your personal injury case is easy, but fortunately, you can count on professional attorneys to help you through the process.
As you can see, many good points exist for each side. The Galligan Law Firm is a personal injury law firm that understands your goals as you approach your personal injury case. If you are unsure of whether you settle your case, give us a call. We can examine your case and ensure you receive a fair settlement or help you take your case to court.