What is the Difference Between a Verdict and a Settlement?

Are the amounts that are recovered in settlements less than in verdicts?

In many Nevada cases, the evidence that supports the accident victim’s Vegas injury claims is so strong that the negligent party and their insurance will agree to settle and pay a full damages award without taking the case to trial. When faced with a strong case from an experienced attorney, Insurance companies will frequently choose to settle to avoid adverse publicity and extra trial costs and expenses.

Where evidence is less certain, or the injured party’s negligence might have contributed to the accident, they might agree to settle the case for a lesser amount to avoid the inherent uncertainties in every lawsuit. In all cases, your attorney will explain your alternatives and help you to decide how to proceed.

Are settlements and verdicts enforced the same way?

If you agree to settle your Nevada personal injuries claims before your case goes to trial, you and the negligent party will sign a settlement agreement that the court will record when it closes your lawsuit. However, if the negligent party fails to make the payments, your attorney can move to hold the negligent party in contempt and can seek further damages and sanctions. A key part of getting a court’s power and authority to support your claims is to file a lawsuit to recover the damages you deserve for your injuries.

Call Valiente Mott in Las Vegas for a free consultation

At Valiente Mott, we always fight to recover the full measure of damages that accident victims deserve. If negligent parties and their insurance companies refuse to settle for reasonable compensation, we will take the case to trial. Call our Las Vegas offices for a free consultation about your personal injury lawsuit.