The Benefits of Settlement Negotiation in Personal Injury Cases
For a personal injury claim to be successful, there are four main elements that must be established, including duty of care, a breach of duty, negligence, and damages. Essentially, a claimant must have enough evidence to show that the party that the claim is being filed against was negligent and caused them harm. A personal injury claim that is successful will either end with a settlement or will be litigated in court, and a claimant can be awarded some amount of damages.
Obtaining the highest possible amount of financial compensation is critical because victims often suffer several losses like missed wages and medical expenses, to name a couple. This is why it is advantageous that when starting the claims process, victims connect with an attorney to both help and support them. An attorney can advise victims throughout every stage of the personal injury claim process and use their experience and legal training to secure maximum recovery.
If you were injured by a negligent party in Florida, the Tampa personal injury attorneys at Fulgencio Law welcome you to call and set up a time to meet and have your case reviewed.
Why Settling a Personal Injury Claim Has its Benefits
Every injury victim’s case is unique, and so will the experience they have working through the claims process. Some claims will settle in negotiations, and others will go to court. Ultimately, an attorney’s goal in representing their client is to get them the most favorable outcome. When negotiations are not productive, it is sometimes the better option to go to court.
For the majority of personal injury claims, though, settlement negotiations are usually a means to an end of a claim and the way that victims are paid. There are many reasons why working through settlement negotiations can be a beneficial path toward recovery over going to court.
Greater Control
A victim will be relying on a judge and jury to determine the outcome of a case and the amount a victim will be awarded. Settlement negotiations can be a healthy back-and-forth that gives a victim more control over determining what a fair and acceptable amount is.
Expedience
Settlement negotiations can get a case resolved quicker than going to court.
Reduced Costs
The fees and expenses, including Florida court costs that come with a case that goes to trial, will be greater than those where a settlement is reached. This is true not only for the claimant but also for insurance companies who may decide that agreeing to pay a fair settlement outweighs the costs of a trial.
Preserving Privacy
A settlement amount will not be made public, but an award by a jury will be a part of the public record, as will all the things that are said by both parties during the trial.
Reduced Stress
Going to trial can prolong a case and make it more challenging. Trials also require more involvement by a victim than a settlement negotiation will, which combined, can make the entire process even more taxing for victims.
Call an Attorney at Fulgencio Law Today
When you work with an attorney at Fulgenio Law, you will be in good hands and represented by a legal professional with years of experience who is dedicated to helping you get the full amount of compensation you deserve. Call Fulgencio Law today at (813) 463-0123 to schedule a free initial consultation.