Car accidents happen every day, and the majority of drivers on the road will be in at least one accident in their lifetime. With that in mind, it's essential to know what to do in case you're involved in a crash. Reporting the accident to your insurance company is a...
Month: May 2010
How Much Tax Is Paid on Lawsuit Settlements?
Filing a lawsuit can be a long and complicated ordeal, and the settlement process can be confusing, especially when it comes to taxes. You’ll want to understand how much of your settlement will go to taxes and what you can do to minimize the amount of taxes you owe....
What Happens After Mediation Settlement?
Mediation is a form of alternative dispute resolution that can help parties resolve conflicts outside of court. It can be far less contentious than a court case but requires the parties to agree on terms. Then, the mediator of the case can create a mediation...
How Long Mediation Takes in a Lawsuit
Mediation is a form of alternative dispute resolution. Opposing parties meet with a mediator to discuss the facts of the case and attempt to settle outside of court. The goal is to resolve the matter to end the case and avoid going to trial. A mediator is a neutral...
When Is Mediation Not a Good Idea?
Mediation is an effective solution for resolving a personal injury case outside of court to avoid going to trial. Both parties spend less time and money if they can settle the case during mediation, making it more cost-effective than litigation. Although mediation...