tort settlements

Tort settlements are agreements reached when someone harmed another person through negligence or intentional wrongdoing, and the involved parties decide to resolve the matter outside of court. Instead of going through a trial, they negotiate a settlement, often involving the at-fault party paying compensation to the injured party. This process saves time and legal costs and provides an amicable resolution. The settlement typically specifies the amount of money paid and other terms to address the injury or loss. It’s a way to fairly resolve disputes without a formal court verdict.