Is there a difference in Florida between a personal injury settlement and a jury verdict for personal injury claims?
Yes. A personal injury settlement is an agreement (often between an injury victim and an insurance company or other defendant) whereby the claimant or personal injury victim agrees to release all claims against the defendant and/or insurance company in exchange for payment of a specified amount of money. A personal injury settlement is typically written, and is a type of contract. If necessary, a personal injury settlement agreement may be enforced by a court of law under certain circumstances. A personal injury settlement often occurs prior to any lawsuit being filed. However, some personal injury settlements occur after a lawsuit has been filed, but prior to trial. A jury verdict for a personal injury claim occurs only after a lawsuit has been filed, the case has been litigated through the discovery phase, all pretrial motions have been resolved, the case has been set for trial, and a trial has actually taken place and the jury has returned a verdict. Although each case is different,
