Out-of-court settlement
An agreement that ends a dispute without a court judgment, usually in exchange for a payment. Most claims settle. On a no-win-no-fee agreement, a settlement normally counts as a win, so the lawyer's success fee or percentage applies to the amount agreed.
Frequently asked questions
What is Out-of-court settlement?
An agreement that ends a dispute without a court judgment, usually in exchange for a payment. Most claims settle. On a no-win-no-fee agreement, a settlement normally counts as a win, so the lawyer's success fee or percentage applies to the amount agreed.
Where is the term used?
It is a general term, used in many countries.