If you've been injured in an accident, you have two options: go to trial or settle your case. To make the best decision, there's a lot you need to know and understand about both options. Let's explore each option in more detail so you can make the best decision for your case.

Trial

A trial is when your case is presented before a judge and/or jury. If you choose to go to trial, both sides will present their evidence and argue their side of the case. The judge or jury will then decide who is liable and what, if any, compensation you are entitled to.

Benefits:

1. You may receive more money than if you settle.

2. It gives you closure.

Drawbacks:

1. Trials can be very lengthy, which means you may have to wait a long time for a resolution.

2. They can be expensive, both in terms of attorney's fees and court costs.

3. They are risky, as you could receive nothing if the judge or jury decides against you.

Settlement

A settlement is when both sides agree to resolve the case outside of court. This usually involves the defendant paying you a certain amount of money. The general procedure begins with your personal injury attorneys submitting a demand letter. This letter will outline your injuries and state the amount of money you are seeking in damages. It will also include things like medical bills and lost wages. The defendant will then have a certain amount of time to respond to the letter. If they agree to settle, then negotiations will begin. Once an agreement is reached, you will sign a release of liability which essentially states that you are giving up your right to take legal action against the defendant in exchange for the agreed-upon settlement amount. According to statistics from the Department of Justice, roughly 67% of personal injury claims result in a settlement.

Benefits:

1. Settlements are usually quicker than trials.

2. They are less expensive, as you avoid court costs, and attorney's fees can be lower since the case doesn't have to go to trial.

3. They are less risky, as you are guaranteed to receive some compensation rather than receiving nothing if you lose at trial.

Drawbacks:

1. The amount you receive may be less than what you would get if you win at trial.

2. You may not get the closure that comes with a trial.

So, which option is best for you? It really depends on your individual situation. If you want to receive the most money possible, then a trial may be the best option. However, if you want to resolve your case quickly and without the risk of receiving anything, then settling may be the better option. No matter what you decide, consult with personal injury attorneys to get the best advice for your case. Looking for reliable personal injury attorneys? Call us today for a free consultation.