Preparing for Settlement Negotiations

Sangamon County personal injury lawyers may discuss ways that personal injury victims can prepare for their lawsuit and trial. Being prepared enables these individuals to avoid confusion and to better anticipate the next stage in the process. Likewise, victims should also be prepared for settlement negotiations.

Developing Expectations

An important aspect of preparing for settlement negotiations is to prepare realistic expectations. It is common for a client and an attorney to evaluate the potential value of the case in completely different spectrums. The victim may think about how much he or she anticipates receiving at trial. You may have heard about similar cases that result in multi-million dollar verdict awards. However, these cases are rarer than cases that settle for a smaller figure.

In contract, the lawyer may anticipate a smaller value based on the expectation of what the defendant or its insurance company will likely pay. Your lawyer can explain that the settlement value may be based on comparable verdicts and settlements in the area.

Evaluation

Sangamon County personal injury lawyers can explain that mental and emotional injury cases are more difficult to evaluate than cases relying on physical injury claims. Lawyers may have trouble evaluating the potential value of a claim because there are not hard numbers to support a particular figure. In some cases, the victim may not be fully compensated for the suffering that he or she has endured.

It is important for victims to know that if they go to trial, a jury is usually given the responsibility of deciding their fate. They may not be comfortable in making a huge award where there is not objective medical evidence.

Legal Assistance

If you would like more information on how to prepare for a settlement negotiation in your case, contact a Sangamon County personal injury attorney from McCarthy Rowden & Baker.