The settlement is usually quicker and the money is in your hand sooner than you expect it – this helps take care of medical expenses and other immediate costs without having to incur debt. You save yourself and your family the agony and stress of going through a long and arduous trial – it takes up a major part of your life and your work and other aspects suffer as a result. You have to be in court on all the days of the trial, and this could wreak havoc with your professional and social life. You can keep the details of the case, and much of your personal life, outside the court and public records. With out-of-court settlements, you can ask for a confidentiality agreement where the details of the case are kept private and out of public records. Also, you don’t have to relive the experience for a jury and suffer the questions of an avid defense attorney. Even though most attorneys work on a contingency fee basis, you will incur some costs during the trial and you’ll find it hard to make ends meet, what with the medical and other expenditure that’s already on your head. A court case can take years to reach a conclusion, and even when it does, appeals filed by the other party can drag it even further.
The amount you get is sometimes less than what a jury would have awarded in a civil court. Frequently, the damages take into account only the actual cost of injury (medical expenditure, accidental damage to property, and so on) and does not provide for punitive damages or emotional and mental agony suffered or loss of job or the quality of life.