Levine Law Discusses What to Know About Personal Injury Settlements
Some personal injury cases go all the way to a judge or jury, but the vast majority are resolved with little or no involvement by a court. Settlement is a valuable tool for a person injured in an accident in Colorado to get compensation for their injuries. It is essential to understand settlement agreements are binding contracts. That means there is generally no turning back once the agreement is signed. Whether it is a car, truck, bus, or motorcycle crash, a slip and fall, or an incident of medical malpractice, it is crucial anyone injured in an accident seek the advice of an experienced Denver personal injury attorney. At Levine Law, we have had significant success helping clients maximize their compensation through a negotiated settlement.
What is the Settlement Process in Colorado?
Settlement discussions often begin with a demand letter. A person who has been injured in an accident explains why a person or entity responsible for the accident is legally liable and demands compensation for the injuries.
The investigation and preparation that goes into this letter are key. The stronger the case, the better chance it can be resolved through settlement.
An experienced attorney at our firm will take the time to investigate the accident, identify witnesses, gather evidence, and detail the full extent of the injuries. The lawyer will also identify those responsible for the accident and explain the case in a clear and compelling demand letter.
The demand letter typically states that the injured person intends to file a lawsuit if the parties cannot agree. One of the primary benefits of settlement for everyone involved is that it allows them to avoid a full-fledged court battle and the time, cost, and stress that often comes with it.
The letter usually kicks off a series of negotiations. Our lawyers will keep you fully apprised of these negotiations and any settlement offers. We will also ensure that you understand your rights and options every step of the way.
If the parties can reach a deal, it is captured in a written settlement agreement. The agreement is a binding legal document, typically indicating that the injured person is giving up their right to sue for specific compensation.
If the parties cannot reach a deal, the injured person is likely to file a lawsuit. Settlement discussions often continue once the suit has been filed and the court process begins.
Why Do I Need Levine Law in My Corner?
An experienced lawyer who knows how insurance companies, large corporations, and other attorneys approach settlement can provide vital assistance throughout the settlement process.
Many insurance companies, in particular, try to push lowball settlements in the aftermath of a crash. Our lawyers give clients the ability to focus on their physical and medical recovery with the peace of mind that comes with knowing we are fighting for them.
Do not go it alone. A Denver personal injury attorney at Levine Law will work aggressively to get you the money you deserve.
Our lawyers are pleased to serve clients throughout Colorado, including in Denver, Colorado Springs, Ft. Collins, and Loveland. Contact us online to speak with a Denver injury attorney.