A release of liability is a clause or an entire agreement, that legally bars you from filing a lawsuit against a particular defendant over a particular claim. If you are injured in a motorcycle accident, for example, and you sign a release in favor of the negligent driver’s insurance company, for example, you can never sue the insurance company over the accident (and you must withdraw any lawsuit you have already filed).
Although a release of liability clause is always included in a settlement agreement (conditioned upon the other party’s payment of the settlement amount), you should never sign a release without receiving an adequate settlement in return, and you should never sign one unless your lawyer advises you to. Contact our highly experienced Burlington Personal Injury Lawyers to discuss your situation.