A moderated settlement conference is one type of alternative dispute resolution. Each party is represented by an attorney who presents their client’s basic position to a panel of impartial lawyers. This neutral panel listens to both sides of the dispute, and then presents the parties with a candid assessment of the strengths and weaknesses of both sides of the case.
The panel assists the parties in reaching a settlement agreement by presenting their assessment in the form of an advisory opinion containing their recommendations as to liability and damages. Unlike a verdict in a trial, however, this advisory opinion is not binding on the parties. Rather, it is a tool the parties can use in reaching a settlement agreement.
For free legal advice on moderated settlement conferences and other issues related to personal injury lawsuits, contact Fears | Nachawati today. Simply email us, or call us on our toll-free number at 1.866.705.7584.