What is the difference between a jury award and an out-of-court settlement in a brain injury case?
In North Carolina, the difference between a jury award and an out-of-court settlement in a brain injury case, is that a jury award is awarded by a jury after a trial and an out-of-court settlement is an agreement between the parties to the case to resolve the matter without having to go to trial. A jury award is awarded by a jury after a trial in which both sides present their arguments and evidence to the court. The jury then decides on an amount of damages that can be awarded to the injured person in the case. This amount of damages may be much higher than what was offered to the injured individual in an out-of-court settlement. An out-of-court settlement is an agreement between the parties to the case to resolve the matter without having to go to trial. This negotiation process typically includes discussions between both parties about the amount of damages that the injured person should receive for their injuries. If an agreement is reached, the injured person will receive a certain amount in exchange for giving up their right to proceed further with the case in court. When considering a brain injury case, both a jury award and an out-of-court settlement can be beneficial to the injured person. However, each has its advantages and disadvantages. An out-of-court settlement tends to be faster and less expensive than going to trial, while a jury award may be more comprehensive and provide more protection in the long run. Ultimately, the choice between a jury award and an out-of-court settlement is a personal decision that should be made with the help of an experienced lawyer.
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