Image for settlement negotiations

settlement negotiations

Settlement negotiations refer to discussions between parties involved in a dispute, typically before going to trial. The goal is to reach an agreement that resolves the issue without the need for a court decision. These negotiations can involve compromises and may include offers of money, services, or other benefits. Both sides present their positions and try to find common ground, often with the help of legal representatives. Successful settlements can save time, reduce legal costs, and provide more control over the outcome, benefiting all parties involved by avoiding the uncertainties of a trial.