Written by Farris, Riley & Pitt, LLP
Last Updated : September 28, 2023
Obtaining a personal injury case settlement or lawsuit award can be complex, and you could encounter more complications once tax season rolls around. Depending on the specifics of your compensation, you may be required to pay taxes on some of the funds that you receive. Let’s explore how much tax is paid on settlements and…
Read More About How Much Tax Is Paid on Personal Injury Settlements?Most personal injury cases don’t go to trial. In fact, according to data from the Bureau of Justice Statistics, less than four percent of personal injury cases make it to trial. While chances are good that a given personal injury case will end with a settlement, sometimes the defendant and plaintiff cannot come to an…
Read More About Why Some Personal Injury Cases Go to TrialMediation can often feel like purgatory to those looking to get the compensation they and their family need after an injury caused by someone else’s wrongdoing. After you reach a settlement, you may still wait some time to receive your check. Therefore, it’s essential to understand how mediation settlements work, what happens after you finalize a…
Read More About What Happens After Mediation Settlement?Mediation allows many a personal injury case in Alabama to resolve quickly, confidentially, and amicably. However, the process takes time and compromise, especially if your goal is to reach the maximum fair settlement for your injuries and losses. In the best case, it can take a month or two, though it will take longer if…
Read More About How Long Does Mediation Take in a Personal Injury Lawsuit?Personal injury mediation may help both parties to a case avoid a long, costly, and public trial in Alabama’s court system. However, it is not the universal solution to every case. Your lawyer will consider and advise you about the following scenarios where mediation may not be ideal. Both Sides Disagree on the Facts The…
Read More About When Is Mediation Not a Good Idea?Mediation allows personal injury plaintiffs to arrive at a fair outcome quickly and at less cost than taking their case to trial. Unlike a judge or jury verdict, mediation is not legally binding, and both sides have equal control to determine a final outcome. Today, we’ll clear some misconceptions about mediation, demystify how it works,…
Read More About Is Mediation Legally Binding?After going through a deposition, you may be breathing a sigh of relief. The deposition process can be nerve-wracking. Although you may feel like the hard part is over, your case is still a work in progress. Several things still need to happen before you can reach a final settlement and recover the compensation you…
Read More About What Happens After Deposition in a Personal Injury Case?Have you been injured in an accident that was someone else’s fault? If you can’t reach a reasonable settlement with the insurer, your best option for recovering the compensation you deserve may be to file a personal injury lawsuit. Many people consider the deposition process one of the most nerve-wracking aspects of preparing a case…
Read More About How You Know If Your Deposition Went WellMany people think the process of filing an insurance claim is relatively simple. Yet, there are multiple steps involved. Some of these steps can become overwhelming, like drafting a demand letter. Writing a strong demand letter is one of the most crucial aspects of the claim process. While a demand letter doesn’t guarantee an immediate…
Read More About What Happens After Your Lawyer Sends a Demand Letter?Settling a personal injury case is exciting. You’re eager to receive your check so you can deposit it in the bank and do what you want with it. However, it would help if you understood how settlement payments work, so you know what to expect. Typically, the settlement check you end up with isn’t the…
Read More About How Are Personal Injury Settlements Paid Out?