What is a legal settlement?
A settlement resolves a dispute through the parties’ agreement.
Key concepts and application
Parties may compromise all or part of their claims. In-court and out-of-court settlements can differ in form and procedural effect. Specify obligations, dates and costs clearly.
Rights, procedure and limits
Some rights cannot be freely compromised. Review payment, waiver and performance terms before signing, and assess how the agreement can be enforced.
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