scubasean
Contributor
pilot fish:Settlement only occurs if the defense thinks the plaintiffs case is very strong and it's reasonable to assume they will get a higher amount at verdict than what is offered. The plaintiffs will settle for a reasonable offer rather than shoot the dice on a jury verdict and reversal on appeal. I don't see this case settling since it seems kind of obvious that there is contributory negligence on the part of the diver and assumed risk.
You may want to reconsider your wording....The "higher amount at verdict" is only one of many costs to be considered....The defense also factors in the cost of the litigation itself...Most cases never hit the courtroom, and only a tiny fraction of those ever get to appeal.
I see this settling, but nowhere near the asked amount.