Litigation vs. Settlement: What Every Client Needs to Consider

Episode Summary:

In this episode of The Millennial Lawyer Podcast, host Kevin Rosenquist and personal injury attorney Mark Shirian discuss the crucial factors clients should consider when deciding between litigation and settlement. They explore the psychological impacts of trials, managing client expectations, and effective negotiation strategies.

 

Key Timestamps:

00:00 - Introduction

00:19 - Key factors in litigation vs. settlement decisions

01:14 - Discussion on clients' "day in court" expectations

02:37 - Assessing case strength

03:41 - Time and cost considerations

04:25 - Managing client expectations about case value

06:00 - Psychological effects of litigation on clients

07:37 - Common misconceptions about litigation

09:19 - Non-monetary aspects of settlements

10:26 - Benefits and drawbacks analysis

11:44 - Settlement negotiation strategies

13:32 - Client-attorney communication importance

 

About The Show:

The Millennial Lawyer Podcast features personal injury attorney Mark Shirian discussing contemporary legal topics and sharing insights from his practice. The show aims to educate listeners about various aspects of legal proceedings and provide practical advice for both clients and legal professionals.