When it comes to filing a personal injury claim, many people only think about going to court. However, going to trial is not always the best option. Settling a personal injury case out of court can have several benefits for the plaintiff.
In Wisconsin, the majority of personal injury cases are settled outside of the courtroom. There are several reasons why settling a personal injury case out of court is a pragmatic and often profitable option.
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Saves Time and Money
One of the biggest benefits of settling a personal injury claim out of court is the amount of time and money saved. Going to trial can be a long and costly process. It may take months or even years before a settlement is reached or a verdict is returned.
On the other hand, when a personal injury case is settled out of court, both parties can strike a deal in a shorter period of time. This leads to significant cost savings as there are no court fees to pay, as well as hassle-free negotiations between the plaintiff and defendant.
Less Uncertainty
When you go to court, anything can happen. Neither party can predict the outcome of the case with confidence. The decision ultimately lies in the hands of a judge or jury.
In contrast, when you settle a case out of court, you and the defendant can create a mutually-agreeable deal. This provides a level of certainty, as the terms and conditions of the settlement are outlined in a signed agreement.
Confidentiality
When a case goes to trial, all aspects of the case become part of the public record. Court documents, exhibits and testimony all become available for public consumption.
However, when you settle a case out of court, the details are typically kept confidential between the parties. This means that the specifics of the settlement are only known by the plaintiff, defendant, and the lawyers representing them.
Higher Chance of Receiving Compensation
Settling a case out of court can actually increase the chances of receiving compensation for the plaintiff. In court, the plaintiff must prove the case beyond a reasonable doubt to receive a ruling in their favor. On the other hand, when settling out of court, the plaintiff does not need to provide such strict evidence.
Moreover, going to trial can be a gamble. There is always a chance that the jury will not find in the plaintiff’s favor. By avoiding that potential risk, settling a case out of court can provide a higher chance of receiving compensation.
Less Stress
Going to court can also be a stressful experience for the plaintiff. It can be emotionally taxing to testify in court, as well as the uncertain outcome of the trial. Settling a case out of court can reduce the emotional toll on the plaintiff. The plaintiff can rest assured that they won’t have to testify in front of a judge or jury.
Conclusion
Settling a personal injury case out of court comes with a variety of benefits. It saves a considerable amount of time and money, offers certainty, provides confidentiality, increases the chance of receiving compensation and reduces stress on the plaintiff. Before deciding whether to go to court or settle out of court, it is important to consider the specific circumstances of each case and discuss the options with a competent lawyer.