Settlement Vs. Verdict
Legal cases can end up throwing many terms in your direction.
Two terms that tend to get confused with each other are settlement and verdict. It’s important to realize what the difference is between these two and what they stand for.
A settlement is an agreement between the two parties on meeting halfway.
In most cases, one party is going to assume it doesn’t have a strong case and will push for a settlement. This will end the case and ensure there isn’t an official verdict on the matter in court. This is a good way to stop things from going on record.
The settlement is based on what both parties deem to be fair and has to be signed off by both.
If it isn’t signed, the court will move forward with its proceedings and aim for a verdict.
Let’s assume a settlement isn’t an option and the court has to carry on.
This is when a verdict is an option and often the only one.
A verdict is a final declaration or decision made by the judge/jury. It is based on the facts in the court of law and what the judge deems to be a fair outcome. This verdict determines what happens to the defendant along with what is said in the official records.
All verdicts are officially recorded and have to be submitted by the court’s officials.
This is the difference between these terms, and it’s important to recognize what each one has to offer. For some, a settlement might be the right way to go while others would prefer to have a final verdict on the matter.
This is dependent on the case, its facts, and how things are trending in the courtroom. Both parties may feel a verdict is the way to go.