The best way to evaluate a good settlement offer is to take the case at its highest value from a potential jury verdict vs. the offer that's being made prior to filing suit. We then calculate the costs of going forward to trial, including your time and my attorney’s fees. This can help us make a determination of whether the current offer to settle is best. Hypothetically, let's say the insurance company is currently offering you $50,000. Let’s say the costs are $1,000 and the fees are at 25% since we have not filed suit. In this hypothetical, you'd get approximately $37,000 on this $50,000 settlement. On the same hypothetical, if you had a verdict of $75,000 after trial, costs would typically be around $15,000. After costs, the attorney fee would be 33% because of the higher risk involved in litigation. In this hypothetical, you would get approximately $40,000.