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What is the Difference Between a Settlement and a Verdict?

The difference between a verdict and a settlement is whether a legal dispute is resolved  in a courtroom during a jury trial or outside of a courtroom between plaintiff, defendant,  and their attorneys. The following is a broad general overview of the difference between  a settlement and a verdict. Many people already understand the distinction, but I wanted  to include it because many people don’t understand the difference and it is important for  injury victims to know the distinction. At Suarez & Montero, you can expect our team to  always keep you informed and explain each phase of the personal injury claims process  as it comes up so that you will know what to expect. By the end of this blog post, you will  have understood the difference between a settlement and a verdict in the context of  personal injury cases.

What is Settlement? 

A settlement is a final resolution where both sides agree on an amount that will resolve  the case. This is based on an evaluation of the strengths and weaknesses of both sides.  It helps to have a personal injury lawyer who can advise you on the benefits and risks of  moving forward through a trial in your case. Sometimes, the defense attorneys will leave  you no choice but to go to trial because their offer for your case may be too low. In other  cases, the opportunity for settlement an hour and a favorable resolution outweighs the  rest of the trial, which ways in favor of accepting a settlement offer. Overall, every case  is different and individual cases should be analyzed on their own facts. In addition, most  cases need to be analyzed up open till the case is over. Typically, settlement takes place  during the mediation phase. However, settlement can occur before or after a lawsuit is  filed.  

What is a Verdict? 

A verdict is where the jury makes the final decision on a case. Jurors will have a list of  questions to answer which are called the jury instructions. Jury instructions contain the  law on any given area of law and are read to the jurors by the judge presiding over the  case. Afterwards, the jurors must deliberate after having heard all the testimony on a case  and seeing all the evidence. When they deliver the verdict, jurors are essentially  answering the questions of law that are presented to them.  

Speak with a Car Accident Attorney Miami Today!  

If you have been injured in a motor vehicle accident, you have the right to file a personal  injury lawsuit against any responsible parties. Depending on the situation, the driver,  owner, or manufacturer could be liable. Our legal team of Miami car accident lawyers  have decades of experience handling car accident cases. With an extensive  understanding of personal injury law, our team of attorneys can work with you every step  of the way, offering the expert legal guidance you need to win your case. We will take  care of all legal matters that relate to your claim or lawsuit and develop the best legal  strategy for your individual case to ensure the successful recovery. We will not rest until  we have developed and presented the most persuasive argument possible, and ensure  you receive fair and just compensation for your damages. After being involved in a car  accident, the last thing you want to think about is filing a lawsuit. However, you deserve  compensation for your injuries and property damage. A consultation appointment takes  less than an hour in most cases, and if you have unrecovered losses, it could wind up  being one of the best investments of your time that you’ll ever make. Our attorneys are  ready to provide proven legal representation and stand ready to protect your rights. We  are available 24/7 to give you a free, no risk case consultation!  

We serve clients throughout Florida including those in the following areas:  

Miami-Dade: Aventura, Coral Gables, Doral, Fontainebleau, Hialeah, Homestead,  Kendall, Miami, Miami Beach, Miami Lakes, North Miami, Tamiami, and Westchester.  

Broward: Fort Lauderdale, Hallandale Beach, Hollywood, Pembroke Pines, and Weston;  and Palm Beach County including Boca Raton, Lake Worth, and West Palm Beach.