What is a settlement conference?

A settlement conference is a type of court proceeding held in Delaware. It is usually part of the pre-trial process. During the settlement conference, all parties involved in the dispute, including their attorneys, meet in an informal setting to discuss a possible resolution. The goal is for all parties to reach an agreement that eliminates the need for a trial. The settlement conference is held in a more relaxed atmosphere than a court trial, allowing the parties to be more creative in reaching an agreement. The court may refer to the settlement conference as an “alternative dispute resolution” conference. The parties can bring up any issues that they would like to discuss, such as how much money each party should pay, how the dispute will be resolved, or even how long it will take to resolve the dispute. A settlement conference is beneficial for all parties involved as it reduces the amount of time and money spent on a trial. Furthermore, it can sometimes produce a result that adequately serves the needs of all parties involved without having to go through a formal trial process. It is important for the parties to be prepared before attending a settlement conference so that they can reach an agreement and avoid the time and expense of a trial.

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