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Aspects to Consider Before Settling your Lawsuit
When being accused of a criminal offense, it can be a stressing time for you and family. You will need to choose the best attorney to help you during such times to get over the bad experience. To you, it might be complicated but the attorney knows what needs to be done to solve the case. A professional attorney will advise a settlement or that you proceed to trial based on the nature of the lawsuit. However, most attorneys would prefer settlement of the lawsuit. You will need to consider the best factors before settling the lawsuit. In this article are some of the tips that an individual should look at before settling a lawsuit.
First, you should compare how much money you are willing to spend on the lawsuit. It is essential that you check the price you are willing to pay especially if the lawsuit has to go to trial in an open court. There are fees that you will have to pay when you go to trial such as paying a witness and court charges. You need to weigh the cost of settling a lawsuit to that of going to trial but make sure you settle for settlement as it is cheaper. Also, when you go to trial, much time will be lost in the courtroom. Time that you could have used to do other important things. So always make sure that you settle rather than go to court as it is expensive and time wasting.
You should also consider the nature of the lawsuit. Some lawsuits are usually based on rivalry and one might be convinced that going to court would be the best solution. You need to therefore, make sure that the state of mind is stable and that you are not acting out of emotions. It would be wise to therefore, consider the repercussions of acting out of emotion as you would even end up losing your business. So, cool off and think through what should be done about the lawsuit. It may only require an apology for your accuser to drop the case. That’s why it would be wise to settle.
It is also necessary to consider the public. If your case is to go to trial, it would have to posted on daily gazettes or even the news where most people will have a view of it. To protect your business therefore, it is best that you consider settling the lawsuit. In the courtroom, during trial, both parties are always focused on staining the other. Without the judge’s intervention no one knows what could go wrong. What witnesses will testify will always be documented for people to read. While when settling, it is normally done indoors with both parties and their attorneys present. This keeps the public off the case as much as possible. You should therefore consider the consequences of going to trial rather than settling a lawsuit.
These tips should thus guide towards making a wise decision before settling a lawsuit.