Deciding When to Accept (or Reject) a Settlement Offer in Illinois, Whether Through Negotiation or Mediation
There may be many different possible ways to resolve your Illinois personal injury action. You can litigate the case all the way to a verdict, you can work out a settlement with the other side, or you may achieve a settlement through an alternative dispute resolution process like mediation. In order to protect yourself, you need to make sure that you understand your case in great detail, including the monetary value of your case. Without this knowledge, you may fall into the trap of accepting a low-ball offer to settle your case. Retaining knowledgeable Chicago car accident counsel to represent you is one important way to make sure that your interests will be properly safeguarded, whether through trial, mediation, or any other process.
The case of Keenan, reported by the Madison-St. Clair Record, was an example of how mediation can fail because the defendant does not submit an appropriate offer. According to Keenan, Anne rear-ended him in the town of Shiloh, causing him to suffer significant injuries. When you’re injured in an auto accident, there are several steps that are involved in the process to obtain compensation for the harm you suffered. Whether you want to settle or go to trial, whether you seek a courtroom resolution or an outcome achieved through alternative dispute resolution, knowledgeable legal representation will know how to handle any of these scenarios.
The defense asked for the two sides to participate in mediation. Mediation can be a useful way to reach a fair and beneficial outcome without having to go through everything that is inherently involved in a full trial. Some of the keys to a successful mediation generally involve a strong knowledge of what your case is worth (so that you don’t agree to a settlement that is too small) and an opponent who participates in the process in a serious manner.