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Lawsuit Settlement

Settlement Process

A settlement is an amicable decision reached by both parties in the case. A settlement agreement can occur via negotiations with each party, or through a formal mediation session with a mediator. A settlement agreement is typically signed by each party stating that each party agrees to the terms decided. This will become binding by the court in lieu of a judgment. Settlements are often encouraged, as they put an end to the litigation and save money in comparison to an expensive trial.

Lawsuit Sections:

Corporate Compliance
by Local Corporate Guides®