Why Do Most Personal Injury Cases Settle Out of Court?

About 95% of personal injury cases will settle out of court. Your personal injury lawyer will tell you this. There’s a reason for this. One of the main ones is because going to court is expensive. The other major reason is that it’s risky. There is a good chance that you won’t win. You’ll still be on the hook for all court and related fees in this instance.

Trial is risky

There is a good chance that a case won’t win in court. The defendant and plaintiff know this. That’s why their lawyers tell them to settle out of court whenever possible. Plaintiffs need the money because they have probably missed a lot of work. Therefore, they have foregone a lot of income and have bills piling up from the accident. They would prefer to get some sort of guaranteed settlement out of court.

Insurance companies love to settle out of court. This is because they know that they will be paying less money by going this route than they would if the case went to court. For example, they may be paying $100,000 for your personal injury case if you settled it out of court. However, they may be paying you at least ten times as much if you took your case to court and won!

Determine worth of an injury case

If you are involved in a personal injury accident and the other party is at fault, you’ll hire a personal injury lawyer. The two of you will send a demand letter to the defense which will request that he or she pay you a certain monetary amount as a settlement.

You’ll soon be hearing from the defendant’s insurance company. The insurance adjuster will give you a settlement amount. The problem is that it will probably be too low for you to accept. What do you do now?

It’s impossible to affix a specific dollar amount in terms of worth for any personal injury case. This is especially true if the case goes to trial. Therefore, it can never be predicted how much of a settlement the jury will decide to give the plaintiff. All your personal injury lawyer in Sudbury can do is give you a fairly accurate guesstimate as to what the final settlement will be

This guesstimate will be in a range that spans a few tens of thousands of dollars. For example, your personal injury lawyer may tell you that your case would be worth between the range of $100,000 to $130,000.

No personal injury case is the same

Your lawyer will tell you that no personal injury case is the same. Keeping this in mind, you need to hire quality legal counsel even if your case doesn’t go to court. This can mean the difference between getting a huge settlement and getting nothing!