Why Would You Want to Settle Your Lawrenceville Car Accident Lawsuit?

Some people assume that Lawrenceville car accident attorneys like to settle cases because they get rid of your case quickly. That isn’t true. Your attorney works on a contingency basis. They want you to get as much money as possible. The more money you get in your settlement, the more money your attorney makes. It’s that simple. However, your attorney’s job is to get you as much compensation as possible. They aren’t going to push you to settle for an amount that they don’t feel is fair. However, there are many legitimate reasons why they’d want to settle rather than go to trial.

A Settlement Guarantees You a Lump Sum of Money

When your Lawrenceville car accident attorney settles your case, they’re going to demand a lump sum of money. Very rarely do these cases end up with a long-term payment plan. This means you’ll have all your money upfront. If you go to trial, this won’t be the case. Even if you win in court, you may not see money any time soon. The insurance company may file an appeal. If the defendant doesn’t have insurance, you may never see a dime. Unless they have assets, there isn’t much you can do to collect your judgment.

You Won’t Have to Spend Thousands of Dollars on Experts and Court Fees

The only reason a case would go to trial is if the parties can’t agree on two things. First, they likely can’t agree on who is at fault. Second, they disagree on your damages. Regardless of which of these are at play in your situation, you’ll probably have to hire expert witnesses to prove your case. Experts charge thousands of dollars. They may also demand that you pay for their travel and lodging. This can add up quickly. If you don’t have to pay this money out of your settlement, then don’t do it.

Your Case Will Be Resolved a Lot Faster if You Settle Your Lawsuit

With the way the courts are backed up at the moment, it could take quite some time for your case to go to trial. Even under the best of circumstances, it can take months or a year to go to trial. With the pandemic here, it could take twice as long. During this time, you will not have any money to cover things like medical bills and mechanic’s bills. Rather than have this happen, your Lawrenceville car accident attorney will let you know what the advantages of settling may be.

Your Attorney’s Fee May Be Lower if You Don’t Have to Sue and Go to Trial

Depending on your retainer agreement, your attorney may charge you a lower percentage if they don’t have to file suit. The same may be true if they don’t have to go to trial. There’s a good reason for this. If your case does go to trial, then your Lawrenceville car accident attorney will have to dedicate a lot of their time and resources to your case. They won’t be able to work on other cases that may be a bit easier to settle. The other reason is that they’ll have to put out a lot of money for things like depositions and expert witnesses. This will all have to be paid back when your case is resolved. If it isn’t necessary, then you should at least consider negotiating a settlement of your case.

Contact a Seasoned Lawrenceville Car Accident Attorney Today

When you first meet with your Lawrenceville car accident attorney, they’ll probably tell you there’s a good chance your case will settle. That’s because more than 95% of all personal injury suits settle before trial. This doesn’t mean you won’t get the compensation you deserve. Nor does it mean you’re going easy on the defendant. It simply means your lawyer wants you to resolve your case quickly. They also don’t want to put you through a trial if they don’t have to. As mentioned earlier, trials are expensive and time-consuming.

In order to know what your options are, you should call our office right away. Talk to one of our skilled Lawrenceville car accident attorneys and schedule your free, initial consultation. Take the time to sit down with someone who knows the law. They can answer your questions and give you an idea of how the legal process works. They can also let you know if your claim has merit. If it doesn’t, they’ll tell you right away. This way, they don’t get your hopes up or waste your time. Since the consultation is free, you don’t have anything to lose.