What is the difference between a settlement and a verdict?

A settlement and a verdict are two outcomes that can result from an accident law case in Delaware. A settlement is an agreement between two parties that is reached outside of court and is not subject to trial or review by a judge or jury. This agreement can be reached through negotiation and can include terms such as payment of damages or other forms of compensation. A verdict, on the other hand, is the formal decision of a judge or jury about the outcome of a lawsuit. This is reached after a trial and is based on the facts presented for each party in the case. A verdict can result in the awarding of damages or other forms of compensation to the winning party in the lawsuit. In summary, the main difference between a settlement and a verdict is that a settlement is an agreement between two parties that is reached outside of court, while a verdict is a formal decision that is reached after a trial and is subject to review by a judge or jury.

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What is the difference between a settlement and a verdict?

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