How is a settlement amount determined in an industrial accident case?
Settlement amounts in industrial accident cases in New Hampshire are determined in a few different ways. In most cases, there is a negotiation process to reach a settlement. The parties involved, usually the defendant and the plaintiff, will negotiate the amount of the settlement that is suitable for both of them. The amount of the settlement is based upon the facts of the case, the alleged injuries, the amount of compensation that the plaintiff has requested, and the amount of risk the defendant is willing to take. The court may also play a role in the settlement process. In some cases, the court may order the defendant to pay a certain amount of money as part of the settlement. This amount is usually determined after the court considers the facts of the case and the amount of risk the defendant is willing to take. In some cases, an independent third party may be appointed to help the parties reach a settlement. This third party may have some expertise in industrial accident cases and can provide an unbiased opinion as to the amount of the settlement. In conclusion, the amount of a settlement in an industrial accident case in New Hampshire is determined by the facts of the case, the amount of compensation requested, the amount of risk the defendant is willing to take, and possibly the court or a third party. If both parties are dissatisfied with the amount of the settlement, they can choose to proceed to trial.
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