What is a settlement demand letter?

A settlement demand letter is a document that is sent by an injured party to the person or entity who caused the accident. It details the nature of the accident, the extent of the injury, and the amount of money that the plaintiff is requesting in the form of compensation. This document serves as a form of negotiation between the parties involved; it offers certain advantages over a lawsuit. In Washington, the settlement demand letter is often the first step in the negotiation process. The letter is sent to the person or entity that caused the accident, outlining the facts and demanding a certain sum of money as compensation. This document must be written clearly and concisely so that the recipient understands the damage that was done and the amount of money that is being requested. It then serves as the foundation for further negotiations. The primary benefit of a settlement demand letter is that it can avoid a long, expensive and contentious court case. By sending a settlement demand letter, the parties involved can discuss a resolution and a potential settlement amount outside of the courtroom. This can reduce costs, as well as time, for both sides. Additionally, it can help the injured party to receive a larger sum of money, as the defendant may be willing to agree to a sum higher than what they would be willing to pay in a courtroom.

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What is a settlement demand letter?

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