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Settlement Agreement and Mutual Release & Amendment to  Form

Settlement Agreement and Mutual Release & Amendment to Form

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[Music] so what is a settlement agreement a settlement agreement is usually a written contract that memorializes the terms of a settlement that you reach with the defendant a settlement agreement is usually written and then it is signed by all of the parties involved in the claim as well as the attorneys in a lot of instances and it cements the settlement once you have a settlement agreement that's signed by the parties involved you have a binding written contract and both parties are obligated to live by the terms of that contract obviously the most important term to our clients in a settlement agreement is the amount of compensation the defendant is paying our client in order for our client to agree to settle that claim so the dollar amount of the settlement is important in the agreement from the defense perspective a lot of times they want a confidentiality agreement to be part of the settlement agreement they don't want our clients or us broadcasting in the communit

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