What’s The Difference Between A Settlement And A Trial? – Bennerotte & Associates, P.A.

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Transcription:

00:00:03 well there’s a fairly big difference there and a settlement means that you as the client chose to accept an amount of money offered by the insurance company in a trial the client chose not to um and chose to go allow a group of people sitting in the jury box to determine number one if they were going to get paid and number two how much so it’s the the biggest difference is really that one is a choice the other one well it’s a choice as well but it’s it’s where you’re putting your your fate in the

00:00:38 hands of other people but there are times when that has to happen you know it uh sometimes insurance companies make it easy for us they offer ridiculously low amounts of money and the choice to go to a trial and uh you know take a risk is a smart one and an easy one there are other times when the amount of money can be very very significant but still not enough and those are the times when the client has to look at me and say what should I do again it’s always their case so the client always gets to

00:01:04 decide but at the end of the day the key question when an insurance company makes an offer is do I think confidently that I can go to trial and beat the number and if I do I’m going to tell a client let’s go try your case every time so at the end of the day that’s that’s really the difference between a settlement and a trial and a trial only happens if the settlement amount offered is just not adequate