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VERDICT v. SETTLEMENT: What is the difference between a verdict and a settlement?

 

A: A verdict is a decision made by a jury.  It is usually either "judgment for the plaintiff in the amount of X dollars" or "judgment for the defendant."


 A settlement is a voluntary agreement between the injured party and (usually) the insurance company for the defendant to resolve the case (end the case/dismiss the case) in return for a lump sum payment of a certain amount of money.

You can order a free sample chapter of our free consumer guide, The Five Deadly Sins That Can Wreck Your Injury Claim, to learn more about personal injury claims in Dumfries, VA by following this link

If you have a question for Ben, you can submit it confidentially online at JustAskBenGlass.com.

 


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