Is it possible to settle a defective drug injury claim out of court?
Yes, it is possible to settle a defective drug injury claim out of court in Washington. This is known as an out-of-court settlement and is a settlement in which the parties involved in a lawsuit agree to resolve the case without going to trial. An out-of-court settlement includes both a financial settlement and a release of all claims of the parties involved. Before a settlement can take place, the parties must exchange information about the legal case and the parties involved. The parties must also decide on the amount of the settlement and sign a written agreement that releases all claims related to the dispute. With a defective drug injury claim out of court settlement, the injured parties can receive compensation for medical expenses, lost wages, pain and suffering, and other costs associated with the injury. In some cases, the settlement will also include an agreement to change the design of the drug or device, provide warning labels and instructions, to prevent similar injuries from occurring in the future. In addition to the benefit of avoiding a lengthy trial, out-of-court settlements provide an opportunity to resolve a dispute and achieve an amicable resolution to the defective drug injury claim. This can be in the form of a lump sum payment, an annuity, or other agreed upon compensation. Ultimately, out-of-court settlements can be an efficient and effective way to resolve a defective drug injury claim in Washington.
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