What is the difference between a verdict and a settlement?

A verdict is a decision made by a judge or jury. It is usually either "judgment for the plaintiff in the amount of X dollars" or "judgment for the defendant."

A settlement is a voluntary agreement between the injured party and (usually) the insurance company for the defendant to resolve the case (end the case/dismiss the case) in return for a lump sum payment of a certain amount of money.

You can download a FREE copy of our consumer guide, The Five Deadly Sins That Can Wreck Your Injury Claim, to learn more about personal injury claims.

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