An aggregate settlement resolves the claims of multiple clients represented by the same lawyer in a single collective agreement.

An assignment of claims transfers a party's cause of action to another, frequently as part of a settlement.

A consent judgment is a judgment entered on the parties' agreement, carrying preclusive effect and enforceability.

A covenant not to execute is an agreement by a claimant not to collect a judgment from the defendant personally, usually paired with an assignment of...

A global settlement resolves all related claims against a defendant in a single coordinated agreement rather than case by case.

A high-low agreement sets a guaranteed minimum and maximum recovery regardless of the verdict, letting both sides cap risk while trying the case.

An inventory settlement resolves all claims held by a single plaintiff firm in one negotiation, rather than settling cases individually.

A lump sum settlement pays the entire resolution amount at once rather than over time.

A Mary Carter agreement is a settlement in which a settling defendant remains in the case with its payment tied to the outcome.

Minor settlement approval is the court proceeding required to bind a minor to a settlement of their claim.

A participation threshold is the minimum acceptance rate required before an aggregate settlement becomes binding.

A point system settlement allocates a settlement fund by assigning points to claim characteristics and dividing proportionally.

A qualified settlement fund is a court-established trust holding settlement proceeds pending allocation and lien resolution.

A settlement matrix is a scoring framework assigning values to individual claims based on defined criteria such as injury severity, exposure, and age.

A sliding scale agreement guarantees a plaintiff a minimum recovery from a settling defendant, offset by amounts recovered from others.

A structured settlement pays a claimant over time through an annuity rather than in a single lump sum, often with tax advantages for personal injury...