What is the difference between a jury award and an out-of-court settlement in a brain injury case?

In Mississippi, the primary difference between a jury award and an out-of-court settlement in a brain injury case is the amount of time it takes to reach a conclusion and the resulting financial outcome. An out-of-court settlement is a process in which the parties involved in a case come to an agreement on the compensation for a brain injury without going to trial. This process usually involves negotiations, usually through an attorney or professional negotiator. This process has the potential to be much faster and less costly than going to trial. A jury award is the decision in a civil trial where a jury decides the amount of money that a person injured by a brain injury is entitled to receive. The jury will review the evidence and testimony presented and come to a decision. This process is much longer, usually lasting weeks or months, and can be especially expensive as it involves a great deal of time devoted to litigation and expenses. The financial outcome of a jury award may differ from that of an out-of-court settlement. Depending on the evidence presented, the jury award may be more or less than what was offered in the out-of-court settlement. Also, due to the length of the trial, attorney fees and costs, the financial outcome of a jury award may end up being significantly more than what was offered in the out-of court-settlement.

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What is the difference between a jury award and an out-of-court settlement in a brain injury case?

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