How to Obtain Higher Settlement Offers
Very few plaintiff lawyers go to trial. According to the Insurance Research Council, only 2% of all auto claims get filed nationally, and only 1% of that 2% filed ever go to trial. It is even lower in some locations.
The high settlement rate is a problem, and it impacts your settlement values and those of nearly every lawyer nationwide who is handling auto cases. The latest statistics from the US Department of Justice suggest that the number of tort claims filed in state courts has fallen 80% since 1992 and that the value of claims has fallen by approximately 60% (adjusted for inflation) during the same time. It isn’t your imagination – settlement offers are decreasing.
But we recognize that, despite this, a lot of lawyers will keep settling all of their auto cases. Trial Guides started with a book on the Colossus bodily injury software system that provides settlement values for most auto insurers. While we have since developed an entire library dedicated to how to win in trial, we thought we should provide settlement lawyers resources for how to increase settlement values in their auto claims.
Top 6 Resources for Lawyers Settling Motor Vehicle Cases
The list below focuses on specific skills, knowledge and methods that will help you improve your settlement offers. To see all products sold by Trial Guides that relate to settling motor vehicle cases, please click the button at the bottom of the page.