Article by Kevin Alexandersen, published in the Legal Intelligencer
Posted on January 24, 2019
It has become commonplace in many jurisdictions for plaintiffs attorneys to make settlement demands far in excess of the verdict potential—hoping a defendant will throw settlement dollars in an effort to bring a reasonable number to resolve the case. What happens if you value a case settlement at $500,000 with a verdict potential of $3 million, but the settlement demand is $5 million? What are your options to help ensure a reasonable demand? This article outlines a defense attorney’s options, and serves as a quick refresher course for those facing unreasonable demands.
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