Ontario is governed by the provincial regulations which are set forth and are currently in effect and are enforced alongside governmental statutory provisions. It’s important to note that those provisions don’t really differ from the ones which are laid out from the government. However, when it comes to personal injury law, a lot of people prefer to settle their disputes, out of court, prior to reaching the courtroom. There is a wide array of different reasons for this and we are going to focus on the top 3 of them. In any case, it’s worth noting that the most current statistics show that over 90% of the personal injury cases in the province of Ontario are settled far before reaching the halls of the court.
Trials are lengthy
Trials generally take time. While you may get your compensation promptly from time to time, this is usually not the case. Personal injury claims have to abide by strict legal procedures which are rather lengthy. Establishing fault, gathering relevant evidence and information, going through attorney pledges and vocal competitions – all of these are just a few things that you’d have to wait out prior to reaching the moment of the verdict. A settlement, on the other hand, could be arranged in a day, provided you are capable of leading fair and mutually beneficial negotiations.
Faster compensation payout
This is likely to be the most common reason for trying to settle the case prior to the trial. Court procedures are expensive. This is especially true if your claim is for a substantial amount of money. People don’t want to run the risk of losing what they have to pay in expenses and potentially covering those made by the opposite side in case of a loss. This is why the majority of them tend to turn to a settlement.
Determination of the outcome
Going on a trial just isn’t that 100% that people demand. This is due to the fact that the outcome of the entire procedure is going to be placed within the hands of the jury and the judge. This means that there is only so much that you can control. At the end, you won’t be having the last word which is not that most people want. Unlike this, settling the case prior to the trial procedure is controllable and definitely manageable. People prefer to be in control and to be able to determine the outcome of the events. By entering into negotiations with the opposite part, you’d be presented with the opportunity to decide how you want to wrap up the case. Reaching mutually beneficial compromises is going to get the entire case completed in a prompt, effective and cheaper manner.