Some Notes on Personal Injury Settlements
By: ethanrehman | Posted: 04th October 2011
Settlement in the context of law refers to an agreement, resolution, or contract between the two parties in a civil law suit. In this kind of arrangement, one party intends to keep the case from going to trial by offering a certain amount of money or a set of terms that both parties can agree to, thus settling the case without the need for either a bench or jury trial.
The contract is usually based on a bargain that the plaintiff loses its ability to sue (if it had not done so) or to continue with its claim (if it had sued already), in return for some assurance written into the agreement. The courts will then enforce the contract. If there is a violation of the provisions, the defaulting party could be sued for breach of contract. In some jurisdictions, this results in the original suit being restored.
Most personal injury lawsuits like automobile accidents, slip and fall, product liability claims, and medical malpractice cases do not actually do to trial, as companies stand to face even more losses in the event such cases do not reach an agreement. In other words, there is little more than a war of carefully selected words between the parties involved.
It is sometimes possible that the agreement you signed allows the lawyer to settle the case without your consent and sign the settlement agreement and release the funds on your behalf. This happens when it is inconvenient for you be physically present. Just make sure to talk to your Salt Lake City injury attorney whenever you have changed your mind and do not want to proceed with the settlement agreement.
A good Salt Lake City injury attorney can bring to the table a multitude of skills, including in-depth knowledge on how to maneuver in the legal maze, and experience when it comes to negotiating with insurance companies.
In the end, however, it is up to you to research and decide whether you want to hire a Salt Lake City injury lawyer to represent you in the court of law, or to "do it yourself." Keep in mind that you should never sign a release agreement until you have meticulously looked into your case, either by yourself or with your lawyer. The last thing you want to experience is to sign a release on impulse and receive less than what your injuries have cost you.This article is free for republishing
Printed From: http://www.goinglegal.com/some-notes-on-personal-injury-settlements-2365548.html
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Tags: amount of money, multitude, automobile accidents, plaintiff, salt lake city, insurance companies, injury lawyer, slip and fall, bench, depth knowledge, jurisdictions, injury attorney, medical malpractice cases, settlement agreement, breach of contract, jury trial, personal injury lawsuits