In some cases, the defendant recognizes that they did something wrong and is willing to pay big money to settle the case as long as you sign a confidentiality agreement.
In fact, if you are willing to sign a confidentiality agreement, they might pay a lot more money than they normally would. There is also a potential benefit to you if there’s a confidentiality agreement.
When friends and family start asking how much money you got in your lawsuit, you can honestly tell them that you signed a confidentiality agreement and can’t tell them.
It may help prevent people from asking you for money if they don’t know how much you received.