How is a spinal injury lawsuit typically resolved?
A spinal injury lawsuit is typically resolved in one of two ways. The first is through an out-of-court settlement agreement that is reached between the parties involved. This means that both parties agree on a specific amount of compensation for the victim, usually without any admission of guilt or negligence on the part of the defendant. This is often preferred by the victim because it can be quicker and less costly than a trial. The second way a spinal injury lawsuit can be resolved is through a structured settlement. This is a type of court award in which the defendant agrees to pay the victim an agreed-upon sum in regular payments over a period of time. Structured settlements are beneficial because they allow the victim to receive regular payments that can be adjusted to give the victim access to immediate funds to help with medical expenses. No matter which way a spinal injury lawsuit is resolved, the most important thing is that the victim receives fair and just compensation for their injury. A skilled personal injury lawyer with experience in spinal injury law should be consulted to ensure that all the legal options are taken into consideration to ensure the best outcome for the victim.
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