A settlement conference is a meeting between opposing sides of a lawsuit at which the parties attempt to reach a mutually agreeable resolution of their dispute without having to proceed to a trial. Such a conference may be initiated through either party, usually by the conveyance of a settlement offer; or it may be ordered by the court as a precedent (preliminary step) to holding a trial. Each party, the plaintiff and the defendant, is usually represented at the settlement conference by their own Counsel or attorney. Conferences are frequently conducted by a judge or other neutral party, in the form of a mediation.
Read more about Settlement Conference: Case Conference, Consequences, Foreclosure Pre-foreclosure Settlement Conferences
Famous quotes containing the words settlement and/or conference:
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—Andrew Jackson (1767–1845)
“Reading maketh a full man; conference a ready man; and writing an exact man.”
—Francis Bacon (1561–1626)