Re: PI Settlement Conference
Posted by Ray on 10/03/05
On 9/30/05, sassy wrote: > A settlement conference is an attempt by the Court to settle > a case before they waste taxpayer money on a trial. It is not > an attempt by the insurance company. Ususally the "meeting" > I think you are referring to is called a Mandatory Settlement > Conference and is required by the Court before a trial. > > A mediation is also a type of settlement conference and is a > form of alternative dispute resolution. In that setting, a > neutral mediator attempts to settle your case. He/she will > point out strengths and weaknesses of your case and try to > squeeze money out of the insurance company and also find your > bottom line. You give in a little, they give in a little, and > the case settles where it should. (I just made it sould a > heck of a lot easier than it really is!) > > PS: There are also arbitrations, some of which are binding. > Those are like mini trials. > > Good Luck! > > > On 9/30/05, Ray wrote: >> Since my attorney is very busy and I can't get a hold of >> him. >> I just want to know what is and what happens at one of >> these Settlement Conference meetings. Only thing I do know >> so far is that they are held before go to trial.Is it a >> last minute attempt by the defendant's insurance company >> to try to settle out of court? Please enlighten me. All I know is that a judge will be present at this meeting. If a rep from the ins. company is going to be there I do not know. My attorney is out of town and I was just wondering what to expect. Thank you.
Posts on this thread, including this one
- PI Settlement Conference, 9/30/05, by Ray.
- Re: PI Settlement Conference, 9/30/05, by sassy.
- Re: PI Settlement Conference, 10/03/05, by Ray.
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