In most personal injury claims, both parties will resolve the case with an out-of-court settlement. By doing so, the claim avoids becoming a formal lawsuit which can be a costly and time-consuming process. Your attorney will be responsible for negotiating the settlement amount for the claim.
Once the negotiation on the amount of money is completed, the defendant or their insurance company will pay you and you will agree to drop the lawsuit. This is the easiest and most common way of dealing with a personal injury claim.
Some cases can be settled through additional mediation and arbitration, which is not technically a lawsuit but is a more involved process than a settlement. An arbitration is when both parties agree that one or several individuals that are not directly involved can agree on how to settle a dispute.
The amount of money that you will receive in your personal injury lawsuit settlement will vary based on the circumstances of the case and the severity of the injuries you sustained. Other factors like time out of work and emotional distress can also impact the total payout of the settlement.
Note: While the amount of money can differ, most cases pay out thousands of dollars minimum.
If a settlement can’t be reached, then the personal injury case will need to go to trial, and your attorney will need to make your case. In the event that a settlement can’t be reached, it is important that you hire an attorney that you trust defending you in court.
Have you been injured? Start your personal injury claim today with the help of a reliable accident attorney! Don’t waste time on getting the compensation you deserve.