Many personal injury lawsuits are able to be settled before anyone ever steps foot into the court room. This settlement process holds great advantages over having a lawsuit go to trial for a variety reasons. If you or someone you know has been involved in a personal injury accident, contact the law office of Jacoby & Meyers, LLP NY today. Our team of personal injury lawyers has the knowledge and experience to offer you fine legal representation to ensure that you get the most out of your lawsuit or settlement.
One of the major advantages to settling your personal injury case outside of court, is the cost. Personal Injury attorneys work on a contingency basis, which means that they only get paid for their services if their client wins the case. Typically, the agreement is that the attorney receives 33% of the awarded amount, less disbursements which is the money spent to advance your case. It is important to understand that the earlier a case settles, the less expensive it will be. This is because the amount of time that your attorney needs to spend on your case can be lengthy, meaning more money spent. Settling your case before it reaches the trial period cuts down on labor costs and court fees.
Another advantage of settling your case outside of court, is that trials can be stressful. Trials may consist of examination and cross examination, as well as an intense amount of public questioning. The weeks leading up to the trial can be quite labor intensive for both you and your attorney. A case that settles outside of the court room is quite the opposite. The settlement process entails a negotiation period, followed by a conclusion with the defendant paying the plaintiff a lump sum to keep the case from proceeding forward. At Jacoby & Meyers, LLP NY we always try to obtain the best settlement on behalf of our clients. It is good to remember that going to trial can be risky.
Settling your case outside of court is also advantageous because it is a private process, trials on the other hand, are not. Not only do your court proceedings take place in a courtroom full of people including witnesses, a jury, the judge and attorneys for both sides, but all information involved in the case, is available for anyone to read. This includes all testimony and evidence that is presented to the judge. The settlement process on the other hand is very private and allows the parties involved to be in complete control of what information is publicized and what must remain private. This can include the settlement agreement amount, should the parties involved opt for that.
If you or someone you know has a personal injury case, contact the law office of Jacoby & Meyers, LLP NY today. Our team of personal injury experts has the knowledge and experience to offer you quality legal representation while fighting for your compensation. Call us today at (877) 504-5562. You may also email us at [email protected]