As the year draws to a close, settling a personal injury case before December 31 can offer practical advantages for injured clients who are ready to resolve their claims.

As the year draws to a close, settling a personal injury case before December 31 can offer practical advantages for injured clients who are ready to resolve their claims. End-of-year settlements often align with insurance carriers’ internal deadlines and budgeting goals, which can sometimes make adjusters more motivated to close files and negotiate realistically. For clients, finalizing a settlement before year-end can provide financial certainty going into the new year and, in some cases, allow attorney fees and case costs paid by December 31 to be addressed for tax planning purposes. That said, timing should never override value — every case should settle when it is fully developed and fairly valued, not simply because the calendar is changing. An experienced lawyer can help evaluate whether an end-of-year settlement makes strategic sense for your specific case.

If you or a friend, family member, neighbor, or coworker have been injured in an auto collision or other incident, give us a call at 253.858.5434 to find out how we can help.