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Chuck Boyk
Chuck Boyk
Contributor •

Is it better to accept settlement or wait out a trial?

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For those suffering from personal injuries from incidents such as car accidents or medical malpractice, settling a case out of court is common. Majority of cases – 80 to 92 percent – settle out of court, according to The New York Times.

Sometimes it is better to settle than to take a case to court for a jury to decide its outcome. According to The Times, a recent study showed that in 61% of cases taken to trial, plaintiffs received less money than was originally offered.

The study, which looked at over 2,000 jury trials, found that incorrectly assuming that a plaintiff will receive more money if the case goes to trial costs a plaintiff an average of $43,000. In other words, if the average plaintiff would have just taken the settlement offer instead of going to court, they could have an average of $43,000 more dollars in their pockets.

Our Toledo, Ohio car accident attorneys do everything they can to ensure that the best decisions are made for their clients. We believe that knowledge is power, which is why we encourage all clients to actively participate in their cases and stay involved. If you would like to learn more about what to do in the event of a personal injury resulting from a car accident, order our FREE Ohio Accident Book by contacting our office.