Why Insurers Are Keen on Early Settlement Meetings! - Bill Braithwaite QC, Head of Exchange Chambers
20/09/14. I'm often unsure about whether we personal injury lawyers in catastrophic claims should strive for an early finalisation of the claim, or should we just let the litigation take its course, and have a settlement meeting when all the evidence has been prepared, and the case is approaching Court.
On the one hand, it’s safer and easier to gather all the evidence, and to see what the defence experts say, before having a settlement meeting. On the other, though, clients are often keen to get the case finished.
The trouble is that, if we do try to do what the client wants, and rush on to a meeting with the defence team, it puts great pressure on the claimant and his or her family. When they are faced with huge sums of ready money, it can be impossible for them to resist, despite the cautious advice of their lawyers.
That’s why insurers are so keen to have early settlement meetings!
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