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What is the Difference Between a Verdict and Settlement in NJ?

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Please read on, then contact one of our experienced New Jersey personal injury lawyers to learn what the differences are between a verdict and a settlement in NJ.

How does a verdict differ from a settlement in NJ?

A verdict is a judgment or decision in a court proceeding. A judge or jury issues a verdict after a trial. A settlement is a voluntary and binding resolution or agreement between two parties, without input from the court. Both have results that are legally binding and both will likely require the involvement of highly competent attorneys. Indeed, many times a verdict comes about after a failure to reach a settlement in one of the pre-trial stages, but this is not always the case. Verdicts tend to be made public, while those drafting settlements have the option to maintain a level of privacy and/or secrecy. Of course, each will depend on the circumstances of your unique case.

Is a verdict better than a settlement in NJ?

Again, that will depend on the specific conditions in your personal injury case. Nonetheless, a strong personal injury claim has the potential to secure more compensation in a trial as compared to a settlement. While an insurance company will probably negotiate hard to minimize the amount they shell out, a jury could be more sympathetic to your pain and suffering in their verdict and grant you your rightful claim. On the other hand, an out-of-court settlement can usually help you recover damages faster, instead of waiting for months or years if you go before the court. This way, you can avoid having additional expenses due up to the final day in court.

Both legal options have their advantages and disadvantages, so we would strongly advise you to reach out to our firm before making any major decisions.

How can Rubenstein Berliner & Shinrod help you?

In the years the attorneys at Rubenstein Berliner & Shinrod have been practicing law, we have procured millions of dollars in settlements and verdicts for our clients from some of the biggest corporations in the world. Because we genuinely care about our clients and their well-being, we will aggressively pursue the compensation you deserve, either in the courtroom or outside of it. We will always be upfront and honest, by providing honest assessments of your case and tailoring our strategy accordingly. If nothing else, we will help you determine if your case is strong enough to bring to trial or if you should settle. This can be an intimidating process, so please do not hesitate to give us a call today.

Contact our experienced New Jersey firm

If you or someone you know has sustained an injury, whether on the job, on the road, due to a medical professional’s negligence, or otherwise, our firm is here. Rubenstein, Berliner & Shinrod, LLC has helped countless victims of negligence over the years, and we are ready to do the same for you. Contact our firm today so we can get started.

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