Here’s How We Win Your Case: Exchanging Written Offers

Here’s How We Win Your Case: Exchanging Written Offers

As I said in one of our other blogs in this series, most cases gets settled in one of 3 ways:

  1. Mediation
  2. Settlement Meetings
  3. Exchanging Written Offers

So far we’ve discussed how your case can be settled by Mediation and Settlement Meetings. In this blog, we discuss exchanging offers. Once again, we base this on which insurance company and lawyer we happen to be dealing with, the nature of the issues in dispute, and the prospect for settling the case without the assistance of a mediator or a settlement meeting.

Offers can be exchanged at any time, however, we would need to have enough updated information for these offers to be productive, and to have any chance at a receiving a meaningful response from the insurance company.

Based on our past experience with all of the insurance companies and the lawyers representing them we usually have a pretty good idea as to whether exchanging offers is likely to be a fruitful exercise.

If we believe that making such offers will be a waste of time, we will certainly tell you that as we handle your case.     

Sometimes, submitting a settlement proposal can be used to “wake up” the other side so that they will consider scheduling a mediation or settlement meeting, where they have otherwise been putting up barriers to moving the matter along.

The most appropriate strategy is determined on a case-by-case basis by taking advantage of our years of experience in handling cases like yours to determine the most effective course of action for you.

 

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We have recently settled cases against Industrial Alliance, Manulife, Sun Life, Co-operators, RBC Insurance and many more. We love hearing feedback from our clients, so please share your own experience with us.