What is the difference between a settlement and a verdict?

A settlement and a verdict are both types of legal resolutions that can come out of an accident law case in California. A settlement is when the parties in the case agree to a specific resolution without having to go to trial. This type of resolution is usually negotiated by an attorney representing each side and can be reached by both parties at any point in the process. In a settlement, the parties agree to terms for a resolution and sign an agreement, usually without admitting to any fault or liability. A verdict is a decision made by a court or jury in a trial. This is the outcome of a trial after the evidence has been presented and the court listens to legal arguments from each side. The verdict is the final decision of a court or jury: either the defendant is found liable or not liable, and an amount of money is awarded to the plaintiff. In summary, a settlement is when the parties come to an agreement outside of court, while a verdict is the decision of the court or jury at trial.

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