Why Does A Personal Injury Lawyer In Stoney
Creek Suggests Out of Court Settlement
There may be a lot of doubts in your mind about personal injury claim settlements due to any accident caused due to the negligence of another person. If you face any such accident and injure yourself, then it is more likely that you will wind up the case by settling it. Putting off going to court, following the instructions of the Personal Injury Lawyer in Stoney Creek. There are a few significant advantages of settling your injury claim lawsuit, out of the court which is why you will see more than ninety percent of personal injury claim cases are settled through this informal process.
Settlement Provides Faster Results
Any settlement negotiation results will be achieved faster and in a less expensive and risky manner. Ideally, most of the personal injury claims lawsuits are settled even before the case reaches to trial and there are multiple good reasons for that. Usually, litigating a case in the court by a Personal Injury Lawyer in Stoney Creek often leads to a bitter end. Moreover, a trial process needs a long time to complete, due to its formalities and several legal requirements. In addition to that you will have to work according to the court calendar, availability of the judge and jury all of which takes much time.
Pay More As Lawyer’s Fees
Typically, every injured person or the plaintiff will have a contingency fee arrangement with the injury attorney. According to this arrangement the Personal Injury Lawyer in Stoney Creek receives only 33% of the claim amount received, by you through any per-trial settlement negotiations. On the other hand if the case moves to court for trial then this lawyer fee is increased to 40% of the amount received through court room awards and verdict, and mind you this amount may be much lower than the amount offered to you in settlement negotiation. This way you lose a considerable chunk of your claim amount and thereby stand at a loss.
Settlement Is Less Expensive
After the trial begins there are a lot of other additional expenses where you will have to spend a lot more money as court fees, depositions and other out of pocket expenses apart from the high fee of the Personal Injury Lawyer in Stoney Creek. These additional fees includes cost of the expert witness if required, travel cost and the loss of your time from work. All these costs will add up considerably. All the out of pocket expenses made by the injury attorney will be deducted from your final claim amount received making the entire trial process more expensive than an out of the court settlement.
Trials Causes Stress
Amy trial process is very stressful apart from the fact that it may last for days, weeks and even years depending on the type of the case and the complexities in it. There will be a lot of examination and cross-examination for both the parties on the witness stand and a lot of questions will be asked by the attorneys which you will have to answer and that too in public which adds to your stress. For more information visit Our Website