Should I Settle My Case Or File A Formal Lawsuit?

After suffering an injury, there are two avenues for receiving compensation in Florida. The case may be settled with an insurance company outside of court, or a lawsuit may need to be filed if an agreement cannot be reached during settlement negotiation.

At Busciglio & Sheridan Law Group, our lawyers will identify which course of action is best for your claim. We will seek to reach a fair settlement that provides fair compensation to those who suffer an injury in an accident. If a settlement agreement cannot be reached, our team of experienced litigators is prepared to take a case to court.

Settling A Personal Injury Case

Personal injury cases tend to offer settlements. The reason for this is that an insurance company is typically the entity that will pay damages. Insurers are risk-averse and often prefer to avoid the risks of having a case appear in court. By reaching a settlement, costs are controlled and the case stays out of the public eye.

A settlement agreement can happen at any point during the legal process before a verdict has been reached. A case may be in the middle of a trial or is being deliberated by a jury, and it is still possible for both parties to come together to reach a settlement agreement.

Pros And Cons Of Filing A Lawsuit

If the amount offered in a settlement is not satisfactory, the best course of action may be to file a lawsuit. The maximum amount that may be recovered in damages will likely be higher than the amount offered in a settlement. However, going to trial is not a sure thing. There is always a risk when bringing a case in front of a judge or jury that you will lose, leaving you with no compensation to help you move forward after suffering an injury.

Don't Make This Decision On Your Own. Work With An Experienced Attorney To Guide You Through The Legal Process

Determining which approach is appropriate for you depends on the specific circumstances of your case. By taking the time to learn about the details of your case, our attorneys will identify which course of action is right for your claim.

Call our Tampa office at 813-302-1265 to schedule an initial consultation. You may also contact us online.