Car accident injury cases may be resolved without choosing to file a lawsuit, and yet settle favorably. Online reports say that nearly 95% of cases reach settlement before trial. Even if individuals choose to file, there is a higher chance that it will be resolved out-of-court. Regardless of this, if the question is whether to sue or settle, it is important to understand the pros and cons of both:
Deciding to Sue
Car accidents claims are personal injury cases that can be sued once negligence or carelessness is proven. The stages in pursuing a claim involve detailed work, including analyzing neglect or carelessness. At this stage, it is vital to hire a professional, such as a car injury lawyer, who understands laws governing personal injury claims and car accident cases. Here are some important considerations before deciding to sue:
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- All cases do not make it to trial
Given the sheer volume of cases, it is physically impossible to take every case to trial. Choosing to go to trial needs sound reason.
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- Trials can be unpredictable
Once neglect is established, one may choose to sue. But trials are unpredictable and despite having a strong case, there is still a chance that the verdict may swing to unfavorable.
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- Litigation is costly
Attorneys have to be paid for the time they put into a case. Trials can carry on for a long time with delays throwing the schedule off-track. Attorney fees can quickly add up to a high number.
Deciding to Settle
More cases eventually arrive at a settlement because of the following advantages it can offer over litigation.
- Benefit from quick payouts
Insurance companies who are responsible for compensation payouts in personal injury cases are also keen to reach settlements instead of facing long-drawn litigation and unpredictability.
- Receiving dues on time
Settlements help receive dues faster and without the hassles involved in going to trial. This also includes ever-increasing attorney fees.
- Achieving closure
Litigation can be lengthy and unpredictable, eating up time from individuals’ lifespan. It is important to assess the case and understand the timelines so that closure is achieved rapidly and without much loss in time and confidence.
A Final Word
Need closure on a car accident that happened recently? Wondering whether or not to file for a car accident injury claim? Pick up your phone and contact us at (855) 254-7841 for immediate assistance.