In the United States, corporations pay in excess of $20 billion per year to litigation attorneys. An out-of-court settlement happens when two parties to a lawsuit reach a resolution without having to go before the court for a trial. The settlement will be set forth in a court order that specifies the terms of the agreement, such as the amount of money paid or other actions to be taken. You may be wondering what types of cases can result in settling out of court. Deciding whether or not to settle…
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