For those who have been unfortunate enough to sustain an injury in an accident, a legal resolution is often necessary in order to receive the financial compensation they are rightfully entitled to. In judicial proceedings, “resolution” is a judgment or decision of the court. In civil law, it can also be the act of canceling or annulling a contract that was valid and binding. This can be done by the parties involved or by a court judgment. The reason for doing this must be something that happened after the agreement was made, and not because of any problems with the contract itself.
Types:
When dealing with personal injury claims, the goal is to reach a verdict that is fair for both parties. Most often this can be done through an agreement known as a settlement outside of court. However, if needed cases may go before jury trials in order to make sure each side’s case has been heard and considered carefully – leading up to four possible resolution avenues: pretrial settlement conference, mediation, arbitration, and trial.
1. Pretrial Settlement Conference: A settlement or pre-trial conference is a meeting between opposing sides of a lawsuit at which the parties attempt to reach a mutually agreeable conclusion of their dispute without having to proceed to a trial.
2. Mediation: The goal of mediation is for a neutral third party to help disputants come to a consensus on their own.
3. Arbitration: In arbitration, a neutral third party serves as a judge who is responsible for resolving the dispute. The arbitrator listens as each side argues its case and presents relevant evidence, then renders a binding decision.
4. Trial: The most familiar type of dispute settlement, going to trial typically involves a defendant facing off against a plaintiff before either a judge or a judge and jury. An adjudication is then rendered.
Resolution Synonyms:
Decision, verdict, conclusion, opinion, determination, diagnosis, judgment, ruling
