What are the differences between settlement and litigation?
An example of an AI chatbot conversation about settlement vs litigation options.
What are the differences between settlement and litigation?
Settlement is an agreement reached between parties to resolve a dispute without going to court, while litigation involves taking the case to court for a judge or jury to decide.
What are the advantages of settling a case?
Settling a case can save time and money, provide certainty in the outcome, and allow for more control over the terms of the agreement.
Are there any disadvantages to settling?
Yes, settling may result in a lower compensation than what could be awarded in court, and it may not hold the other party accountable.
When should I consider litigation instead of settlement?
Consider litigation if the settlement offer is unsatisfactory, if you want a legal precedent, or if the other party is not negotiating in good faith.
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