Settlements - Alternative Dispute Resolution

A settlement is a legal resolution of a dispute between parties, either before or during litigation. It involves negotiating and reaching a conclusion, often formalized through contracts that prevent further litigation. If litigation has begun, settlements can be submitted to the court for affirmation, resulting in a judgment that certifies the agreement. This process ensures the dispute is resolved legally and conclusively.

What is a settlement in the context of litigation?

How do parties typically arrive at a settlement?

What legal mechanisms are often involved in a settlement?

What happens if litigation has already started when a settlement is reached?

What role does the court play in affirming a settlement?