Understand The Disadvantages of Court Room Trials From An Injury Lawyer In Kitchener

It is not without any reason that an Injury Lawyer in Kitchener prefers out of court settlement, even knowing the fact that they will receive flat 7% less money as their fees. Usually personal injury lawyers will work in a contingency fee basis with the plaintiff wherein only 33-35% of the total claim amount received after out of court room settlement. Conversely, they will receive 40% of the claim money received after the trial process begins. Therefore, you should know why these injury lawyers are willing to forego a considerable chunk as their fees. There are lots of other advantages other than less expense and less risk factor.

 

Trials Take A Long Time

 

As compared with out of the court settlement negotiations court room trials will take much longer time to get a verdict, that may or may not be in your favor or to your liking. You must remember that the faster any claim lawsuit is settled, the better as less expensive will be the process of litigation, for both you as well as the defendant. Out of the court settlement is much more beneficial for the defendant as the Injury Lawyer in Kitchener will charge him per hour. Moreover, the discovery process which is compulsory pre-trial process takes a long time due to lengthy depositions.

 

Loss For Both Parties Involved

 

In court, trials is a loss for the parties involved, both the defendant as well as the plaintiff. The Injury Lawyer in Kitchener of the plaintiff may or may not pay for the pre-trial expenses of up front witness fees. If such fees are paid, then any settlement amount can be reached easily and effectively. In case the liability of the defendant as well as the extent of damages caused to the plaintiff is clear, then the litigant scan be at an advantage by settling the matter out of the court.

 

Role of The Insurance Companies

 

If the insurance company is paying for the Injury Lawyer in Kitchener of the defendant then these contemplation's change. The role of the insurance company is important. They are under the ethical obligation of settling injury claims in “good faith” and therefore is not permitted technically to settle matters early for the saving money on litigation.However, in situations where the plaintiff proposes and agrees to a fairly reasonable settlement amount offer then the defendant does not have any reason to refuse the offer.

 

The Stress Factor

 

Any court room trial involves a lot of stress and if it is not resolved by negotiations, you will be subject to a lot of examinations and cross-examinations on the witness stand in the court. You will also have to face the embarrassment sometimes when your image and character will be in question and called publicly.Visit Here: ABPC Personal injury Lawyer