Study: Prompt Settlements May Save Money
The National Arbitration Forum Blog: Study synopsis compliments of the National Law Journal by way of the Sanns Mediation Blog:
The National Law Journal reports that a study of court settlements in personal injury lawsuits against businesses estimated companies could save an average total of $114,000 per claim and $670,000 for severe injuries by promptly settling cases instead of battling them in court.
The study (published this