Personal Injury Lawyers » How a Release Works
The Legal Ramifications of Signing a Release
In every personal injury case that we settle, our clients will eventually sign a release that will release the defendant from any future financial obligations. When properly evaluated and endorsed by your attorney, signing a release is a fairly innocuous event that should signify the conclusion to your former legal troubles.
However, for those that are not represented by an attorney, signing a release can, in fact, be the beginning of their legal troubles. In this article, we explain precisely what a release is, consequences of signing, and common concerns that must be taken into consideration before signing a release.
Dangers of Signing a Release
There are several concerns that must be addressed prior to signing a release and those who are not represented by a competent attorney can fall victim to these pitfalls.
1) Is The Release Equitable and Sufficient to Cover Your Costs?
When you sign a release, you are forever relinquishing your right to sue the defendant regarding this claim. Before making this exchange you should talk to an attorney to make sure it is a good idea to release the defendant from all future liability regarding this claim and that the settlement amount is enough to compensate you for your damages.
We have had clients who signed a release believing that it was equitable and sufficient to compensate them for their injuries. However, it was revealed that the injuries were worse than they appeared at first and that more money would be needed for future medical expenses, but since the client signed the release they were not able to get compensation for these […]