What is the difference between a settlement and a judgment in a construction accident case?

A settlement and a judgment are two different outcomes of a construction accident case in California. A settlement is when a compromise is reached between both parties that resolves the dispute without the need for a trial. The plaintiff and the defendant will come to an agreement and the defendant will pay a sum of money in exchange for the plaintiff dropping their case. This is often done to save both sides money and time by avoiding lengthy lawsuits. A judgment is reached when a court or jury determines the result of a construction accident case after hearing the evidence presented. This is the final decision and cannot be changed. A judgment will determine whether the defendant is liable for the injuries sustained and the amount of compensation that must be paid to the plaintiff. In some cases, the court may also impose sanctions or penalties against the defendant. In either outcome, the plaintiff will receive compensation for their losses, but settlements are usually less expensive because the parties have reached an agreement without going to trial. Settlements are also faster, as they can be negotiated before the case goes to trial. Judgments, on the other hand, take more time and may result in higher payments since the court has determined the outcome.

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What is the difference between a settlement and a judgment in a construction accident case?

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