What are litigated claims?
Litigated claims are non-filed legal positions but can also refer to cases that are filed with a court.
What does litigation mean in a settlement?
A settlement involves a negotiation process where the parties agree to resolve the dispute without going through a trial.
However, in some cases, a settlement can still lead to litigation if one side decides not to cooperate with the settlement process.
What is the difference between a lawyer and a litigator?
Lawyers provide legal advice to and assist clients. They can represent clients before a court or argue a case before a judge.
Litigators are also referred to as trial or courtroom lawyers. They are lawyers that typically handle civil cases, such as legal action against an individual, group, or business. Litigators represent clients in court and argue cases before a judge.
They also handle the investigation of a case, settlements, and appeals. They can represent plaintiffs or defendants.
What’s the difference between mediation and litigation?
Mediation is a type of dispute resolution where a third-party mediator works with both parties to help them reach an agreement on their dispute. The mediator does not determine the outcome. Instead, they facilitate the discussion so the two disputing parties can reach a resolution that works for all involved.
Litigation is a binding form of dispute resolution where a judge or jury hears the evidence and makes a decision on the case.
What does litigation pending mean?
Pending litigation refers to a case in a court of law that is in progress but is awaiting a decision or settlement or remains undecided.
What is litigation recovery?
Litigation recovery refers to the cash or property received due to the non-appealable judgment in or settlement of the case. For example, it can include (but is not limited to) awards of damages, interest, punitive damages, and attorney’s fees and expenses.