What is an out-of-court settlement?
You may have heard of out-of-court settlements, but have questions about what they are. When you bring a lawsuit against someone, there are two possible outcomes: you can either take the lawsuit to court, or you can drop the lawsuit in exchange for money offered by whoever the suit is against. Oftentimes, large companies know that the lengthy court battles can take up far more money than the damages would, and are willing to settle for an amount less than what they’d spend. This money is usually significantly less than what you are asking for, but if you think the amount is enough, a settlement may be the preferred option.
If you are interested in bringing a personal injury lawsuit against another person or entity, contact an Iowa personal injury lawyer of LaMarca Law Group, P.C. by calling 877-327-2600 today.
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