What is a settlement conference?

A settlement conference is a meeting between the parties involved in a legal dispute in which they attempt to resolve the issue without the need for further court proceedings. This usually takes place before a trial in North Carolina, and is generally presided over by the judge or magistrate assigned to the case. Generally the parties involved will be represented by an attorney and the judge or magistrate may suggest potential solutions to the dispute. The parties may then negotiate to reach a mutually beneficial agreement. In some cases, a settlement conference may also involve a third party mediator or arbitrator who can help resolve the dispute. Settlements usually involve both parties exchanging some agreed-upon amount of money, or some other type of agreement to resolve the dispute. Settlement conferences are generally considered to be a more economical way of resolving a dispute than going to trial in court. They also may provide both parties with a quicker resolution, as it eliminates the need for lengthy court proceedings.

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