What is an Out of Court Settlement in Baton Rouge or Metairie LA?
An out-of-court settlement is a legal arrangement that begins and ends outside of the formal judicial process. This happens without the participation of legal courts and judges. Out-of-court settlements are usually negotiated between representative attorneys, who act on behalf of the opposing parties. This can be an effective way of avoiding the formalities of taking a Louisiana personal injury claim to court.
In fact, most personal injury lawsuits are settled before going to court. Insurance companies usually realize offering the claimant a fair settlement (after negotiating with the victim’s lawyer, of course) is much more cost effective than a lengthy and expensive court trial, and in most cases will negotiate an out-of-court settlement with you and your attorney to avoid those extra costs.
A qualified Louisiana personal injury attorney will investigate your case, estimate the value of your claim, and begin to negotiate with the other party. The idea is to come to an agreeable settlement and avoid a lengthy trial. If no agreement can be reached, then you can still pursue your damages in a formal court of law.
The New Orleans personal injury lawyers at The Law Offices of J. Price McNamara can look at the evidence in your personal injury case and help you negotiate a fair out-of-court settlement or take your Louisiana personal injury lawsuit to trial. Contact us today to set up a free consultation of your case – 866-248-0580.