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In the context of protracted court proceedings
We are strong advocates of amicable solutions at every stage of the cases we handle.
A signed and fulfilled settlement is, in our view, the greatest professional success —
the very essence of our firm’s efforts aimed at achieving an efficient and mutually agreed resolution of any dispute.
In an era of lengthy court proceedings, the advantages of a settlement over litigation are:
1. Time savings – a settlement allows the dispute to be resolved much faster than years of court proceedings.
2. Lower costs – the parties avoid the costs of further proceedings, expert opinions, travel, and legal representation for participation in hearings.
3. Greater control over the outcome of the case – the parties themselves decide on the content of the agreement, instead of submitting to the court’s decision.
4. Lower litigation risk – a settlement eliminates uncertainty as to the outcome of the judgment.
5. The possibility of maintaining good relations – particularly important in family, labor, or economic disputes.
6. Confidentiality – unlike court proceedings, settlement negotiations can remain confidential.
7. Flexibility of solutions – a settlement may provide for solutions that a court could not rule on (e.g., payment in installments, other forms of performance).
8. Faster implementation of agreements – parties are more willing to implement the terms they have negotiated themselves.
9. Relief for the courts – settlements contribute to the more efficient functioning of the justice system.
10. Legal force of a court settlement – once approved by the court, a settlement has the force of a judgment and may constitute an enforcement title.
