June 13, 2010 Posted by Justin at
Jun 13, 2010.
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I am a big proponent of settling cases and find that settlement is often more advantageous than long drawn out litigation even in strong cases where I know I can prevail. Whether to accept a settlement offer can be a difficult decision and depends on the procedural posture of the case, the amount of the offer, and the strength of the plaintiff's case. Usually, a defendant's initial offer reflects what the defense attorneys believe it will cost to defend the case. Rather than pay their attorneys to defendant chase, the defendants in a rational world should be indifferent to paying them or paying the plaintiff's this cost as they will end up paying the amount either way.