Settlement | Definition
In the context of a personal injury claim, a "settlement" refers to the resolution of a claim outside of court.
The process typically involves the claimant's solicitor negotiating with the defendant or their insurer to reach an agreement on the compensation that the claimant should receive for their injuries.
The settlement will typically include an admission of liability, which means that the defendant accepts responsibility for the accident or incident that caused the claimant's injuries.
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About the author
Gaynor Haliday is an experienced legal researcher and published author. She has had numerous articles published in the press and is a legal industry commentator.