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Settlement Legal Terms

Settlement and negotiation terminology covering demand letters, mediation, structured settlements, and case resolution strategies.

9 terms in this category

Demand Package

A comprehensive package of evidence, documentation, and legal arguments assembled by the plaintiff's attorney to support their settlement demand.

General Release

A broad legal document in which the plaintiff waives all claims, known and unknown, against a party in connection with an incident or dispute.

Good Faith Settlement

A settlement reached between the plaintiff and one of multiple defendants that is made in good faith and reflects a reasonable estimate of that defendant's proportional liability.

High-Low Agreement

A binding agreement between the plaintiff and defendant that sets a guaranteed minimum (floor) and maximum (ceiling) on the damages award regardless of the jury's verdict.

Liability Dispute

A disagreement between parties about who is legally at fault for causing an accident, injury, or other harm.

Release of Claims

A legal document signed by the plaintiff that releases the defendant from any further liability related to the incident in exchange for a settlement payment.

Settlement Brochure

A professionally prepared document that presents the plaintiff's case in a compelling narrative format, including evidence, medical history, damages, and a requested settlement amount.

Settlement Conference

A court-directed meeting between the parties, their attorneys, and often a judge or magistrate to discuss settling the case before trial.

Settlement Demand

A written demand from the plaintiff to the defendant or their insurance company requesting a specific amount of compensation to resolve a personal injury claim.

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