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How to Negotiate a Settlement

Negotiate Settlement

Once you get a personal injury attorney, you’ll want to file a claim against the offending party. Once the claim has been filed, the offending party – or the defendant – may have their lawyers come to your lawyer with a settlement offer. The settlement offer is a sum of money that covers all of the expenses as well as damages caused by the accident. If you agree to take the settlement, then you will not go to court. However, the settlement offer isn’t always what you are looking for.

How Settlements Work

One of the first things to do when you speak with your personal injury lawyer is to determine how much you think your settlement should be. There is no set amount – and the lawyer will help you figure out what they believe is fair by going over your case. There are a lot of factors to consider, which often include the following:

  • The cost of damages caused to your property.
  • The cost of treatment for your injuries.
  • The future costs of treatment for your injuries.
  • The cost of any time missed at work due to injury.
  • The cost of any time expected to be missed from work due to injury.
  • Whether the injury will prevent you from working your current job or future jobs.
  • Current pain and suffering.
  • Any permanent disabilities caused by the injury.
  • Whether your injuries will diminish your quality of life.

How do Settlement Offers Work

When the defendant’s lawyers provide your lawyer with a settlement offer, they must report it to you – even if they know the offer is well below what you are looking for. It’s an ethical rule lawyers must abide by to convey all settlement offers to their clients, whether they are fair or not. Your lawyer will provide you with advice on whether or not the offer is fair compared to what you believe the settlement should be and whether or not you should accept it.

If you were injured in an accident or through a malicious action caused by another party, then you should speak with a personal injury attorney right away. A personal injury attorney will help you determine the value of your case as well as help provide expert advice on any settlement offers you may receive. Be sure to contact GGRM at 702-388-4476 to speak with a personal injury attorney today.




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