South Florida Injury Lawyers Blog
There is much discussion nationally about “tort reform,” and this idea that it’s somehow quite easy to take home millions of dollars for a frivolous filing. This isn’t true, and the reason we tend to hear so much about lawsuits with multi-million-dollar verdicts is they are rare.
Truth is, most successful lawsuits are settled out-of-court before they ever make it to the trial phase. They also don’t tend to be multi-million-dollar payments with inclusion of punitive damages, but rather adequate sums that help to compensate the victim for substantial losses.
When a plaintiff signs off on a settlement, he or she must be very cautious in reading the language contained therein. They need to make sure they aren’t signing away important rights to which they may have wanted to avail themselves at a later time. Continue reading →