In most situations, once you accept a settlement offer by signing a liability release, you are in effect relinquishing your right to reopen or pursue that personal injury claim further. The liability release legally binds you to comply with the conditions of receiving compensation.
If you file a personal injury lawsuit, there is a significant chance that the at-fault party’s attorney will ask to take your deposition at some point. It is often one of the most challenging and intimidating parts of the litigation process.
A personal injury settlement agreement is a legally binding contract that two parties to a lawsuit enter into voluntarily. Most personal injury cases never make it to trial and instead, the parties negotiate the terms of an agreement.
When you are in negotiations or after you have received a personal injury settlement, it is normal to wonder if it is considered taxable income in California. The majority of it is not, but some portions can be depending on the types of compensation you receive.
When you’re hurt in a personal injury accident, you may wonder how much your case is worth. Since each case is unique, there is no simple answer, as there is a multitude of factors that affect a claim’s value.
Writing a “demand letter” is one of the initial steps taken in the personal injury claims process. The demand letter is a document sent to the at-fault party’s insurance company, explaining your side of the story, the losses you have incurred, and the total amount you are requesting as a settlement.
One of the most important questions in a personal injury case is: “Who is liable?” Once liability is established, the liable party must pay for at least a portion of the damages (losses) suffered by the injured party.
Mediation is a process that helps the parties involved in a personal injury lawsuit to communicate more effectively, so they can try to resolve the case before heading to trial. The parties are assisted by a neutral third party called a “mediator” who is trained to help each side talk about their issues, needs, interests, and concerns.
