In a personal injury case, the goal is to seek compensation for the damages suffered due to someone else’s negligence or wrongdoing. Compensation can be accomplished in two main ways: first through a settlement and the other through a verdict.
While the terms are often used interchangeably, some critical differences between the two are essential to understand. If you have been a personal injury victim and do not know how to proceed with the case, it would be ideal for you to contact a Personal injury attorney in Atlanta as they can help you with the differences between a settlement and a verdict.
What Is A Settlement In A Personal Injury Case?
A settlement is an agreement between the parties involved in a personal injury case, typically with the help of attorneys or mediators. The plaintiff or the victim and the defendant or the liable party negotiate the settlement terms, which may include the amount of money that will be paid to the plaintiff as compensation.
There are several advantages to settling a personal injury case. One of the main benefits is that it can provide a faster resolution to the case, as the parties do not need to go through the trial process. It can be particularly appealing if the plaintiff needs financial assistance or medical care, as the settlement can provide a way to get the necessary funds quickly.
What Is A Verdict In A Personal Injury Case?
A verdict in a personal injury case is the final decision reached by a jury or a judge in a court of law. It determines whether the victim is entitled to receive damages from the responsible party for the injuries. In a personal injury case, the victim must prove that the defendant was negligent or at fault for the injuries sustained.
It may involve demonstrating that the defendant breached a duty of care, such as failing to maintain a safe property or driving recklessly. If the jury or judge finds in favor of the plaintiff, they will issue a verdict and award damages. These damages may include medical expenses, lost wages, and compensation for pain and suffering.
What Is The Difference Between A Settlement And A Verdict?
In a personal injury case, a settlement is an agreement reached between the injured party and the party deemed responsible for the injury to resolve the case outside of court. It typically involves the defendant agreeing to pay the plaintiff a sum of money in exchange for the plaintiff agreeing to drop the case.
Conversely, a verdict is a decision made by a judge or jury after a trial. If the case goes to trial and the plaintiff is successful, the verdict will typically award the plaintiff a sum of money as compensation for their injuries. If the defendant is not responsible, the plaintiff will not receive compensation.