When you've been involved in an auto accident, it's natural to wonder whether to accept an early settlement or go to trial and demand what you think you deserve. Both routes have pros and cons, and you need to weigh them very carefully before deciding on either. You need good legal input to make an informed decision. As soon as possible after the accident, seek out an auto accident attorney who can answer your questions about a pre-trial settlement. Here are some useful questions to help you make a good decision:
1. What Are My Chances at Trial, and How Strong Is My Evidence?
The first question your auto accident attorney will answer is what are your chances at trial, and how strong is the evidence. If you have a good chance of winning, then you may be able to negotiate a higher settlement. On the other hand, if the evidence on the other side is strong, you may consider settling out of court.
2. Has the Attorney Worked on Such Cases Before?
You'll want to know if the attorney has worked on a case like yours. If they have, you can ask them what their success rate is. If they haven't, they should be able to tell you how they will approach your case and the resources they can draw on to raise the chances of success.
3. How Much Is the Case Worth, and What Is the Acceptable Minimum?
The first question your attorney will ask is, What is the case worth when including all damages? This is important to know because it will help them determine what the minimum acceptable settlement amount is. Your auto accident attorney will also look at any previous settlements in similar cases to help them calculate a fair range.
4. What Non-Monetary Remedies Should I Claim?
Non-monetary remedies include pain and suffering, emotional distress, and loss of enjoyment in life. However, monetary damages can be much higher than non-monetary damages. Your attorney will weigh the risks and benefits of each type of claim before you decide what is best for you; it is usually better to go for what can be proven.
5. How Much Does It Cost in Attorney Fees and Tax Implications?
Before you can decide whether or not to accept a pre-trial settlement, you need to know how much it will cost you in attorney fees and tax implications. If you have a good attorney, they will be able to give you a ballpark estimate of these costs so that you can make an informed decision.
After an accident, you must decide how to pursue your compensation. You need an attorney to help you decide if a pre-trial settlement is the better option. Call an auto accident lawyer with your list of questions to help you decide on the best path to pursue justice.
For more information, reach out to a firm such as Cormany Law.