Settlement versus judgment. A settlement is an agreement between both parties to the lawsuit that resolves their dispute prior to trial. A judgment is an official designation entered on a court’s docket that signifies that a plaintiff has prevailed in a court case against the named defendant.
A settlement does not usually state that anyone was right or wrong in the case, nor does it have to settle the entire case. Part of the dispute can be settled, with the remaining issue(s) left to be resolved by the judge or jury. It is a personal decision when you should accept a settlement, but the bottom line is that it should be when the amount of financial compensation is worth it for you. There are some things to keep in mind when deciding whether or not to accept a settlement:
If you are severely injured in an accident that is not your fault, and the at-fault driver does not carry bodily injury coverage or the policy does not fully compensate you for your damages, pursuing a judgment by filing a lawsuit may be the route to take. By going to trial, you do risk the chance that a judgment will be less than what you could have received with an out-of-court settlement. But one reason you may want to pursue a judgment specifically is if you feel the settlement is not fair compensation.
This law firm is absolutely amazing. They took on my case, when nobody else would! They fought hard for me when it seemed there was no hope. They kept me informed and always asked for my input before making decisions on my case. Gary puts himself into every case unlike most law firm owners. Gary and his team really care about every one of their clients, and fights hard to get you a fair settlement. They actually won my case out of court, and then reduced my fees to make sure I could get my car fixed and be able to get back to some normality. I would recommend Burger Law over and above any other firm! If you go somewhere else you aren’t getting the best!
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