The final amount of the settlement will be determined by the court or by an agreement signed by both parties. There is no average settlement, as each case is unique. Whatever the amount, your law firm will charge you a contingency fee. This means that they will be left with a fixed percentage of their recovery, usually a third or 33.3%.
A personal injury settlement is a formal resolution formed between two or more parties who disagree with each other in any legal or civil manner. This is usually achieved through careful negotiation, achieved without the help of a judge. In simpler terms, it usually means that you agree to accept money in exchange for desisting your action against the parties that caused your injury.
