How Many Personal Injury Cases Settle?
In short, most personal injury cases end with a settlement agreement between the plaintiff and the defendant’s insurance company. The cost of going to court can very high (mostly due to the hourly rate of lawyers) so most insurance companies would rather find a way to settle than spend the money on sending lawyers into court.
Going to court is a risk for both the plaintiff and the defendant. However, settling a personal injury can deprive the plaintiff of the often-desired “day in court.” Settlements are quiet and happen in courtroom waiting rooms or conference rooms. There is no drama. No open accusations or satisfying bang of the judge’s gavel.
Settlement comes with its own gratifications. First, a settlement means the long process is over. When people approach a lawyer about filing a personal injury claim, most don’t realize the process can take years. In addition, a personal injury case means hours of meetings and conversations — some on record, some not. Plus, personal injury cases mean many, many visits to see new and unbiased doctors. The process is tedious.
A settlement ends the case and frequently brings the most satisfying of conclusions — a check. While it’s not always the amount many plaintiffs dream it will be, settlements are generally fair and help bring closure to a difficult time.