An injury law firm can carefully review your injury accident claim and advise you before dealing with insurance company adjusters or defense lawyers. Often, an unrepresented claimant might be told things that simply are not accurate.
The Advantages of Settling a Case vs. Taking It to Court
Upon hiring an injury law firm to represent you, your accident lawyer will review your case and help gather facts regarding your injury. While there is no way to guarantee a settlement, a seasoned attorney can discuss any offers made by the insurance company and give the client a better understanding as to whether the amount offered is fair. Litigation should generally be a last resort due to the time, expense, stress and uncertainty involved in taking a case to court.
It is worth noting that sometimes the insurance company simply refuses to settle. Should this occur in your case, your accident lawyer will discuss whether litigation is an appropriate option.
How Defense Attorneys View Injury Claims
The insurance company will hire a defense lawyer if the case does not settle. Most defense attorneys will take a hard line regarding the possibility of settlement. Generally, they will only consider settlement when a potential trial verdict presents a substantial risk of a large award against them. If the defense attorney believes his/her chances are good at trial, he will likely not recommend or offer settlement with the plaintiff’s injury law office.
The Defense Attorney’s Authority to Settle a Claim
Your injury law firm can gauge a lot about how the insurance company regards a claim by communicating with their defense attorney. Often this individual knows exactly what settlement range the company will offer. As a rule, if defense attorneys can keep the actual settlement at the low end of that range, they will keep themselves employed.
Therefore, your injury law firm will generally assume that any settlement offer made by the defense represents a discount of 50 to 100 percent of the company’s actual authority.
Your insurance bad faith lawyer may expect that figure to