I would add that it greatly depends how risk-willing or risk-averse are the parties. If a plaintiff is willing to roll the dice on a 99% loser, there’s nothing the defense can do to force a settlement. Conversely, if an insurer recently got hit by a big verdict in another case they need to minimize risk in their overall portfolio by settling and gaining certainty (or if a client recently got hit with a large verdict, same premise because they don’t want to lose their insurer as a result of multiple high dollar outcomes), and therefore push their defense attorneys to settle for above true value despite strong legal and factual defenses.TomPierce wrote: ↑Thu Mar 02, 2023 7:08 amAgreed. As a recovering lawyer, settling a claim is all about the cost/benefit analysis, i.e. cost of legal fees to defend, almost never about the merits of the claim.yaktoleft13 wrote: ↑Wed Mar 01, 2023 10:15 pmProbably not in that case. Wouldn't have been worth their time, given that the injury took place during a "sporting event", if you will. Assumption of risk and all that, unless a defect on the property caused it (broken bolts, anchors, fixed gear, etc). But I handle premises liability claims for a large commercial insurer and you'd be shocked at some of the s**t for which people file claims against the property owner. And what's worse is that depending on the venue, we are often forced to settle some of these cases due to how plaintiff-friendly the courts are. The fact is that until the courts set a precedence to deny questionable claims, landowners are always going to have a major risk because people will file anything and everything.John Landers wrote: ↑Wed Mar 01, 2023 9:45 pm
17 years ago this spring, I took a leader fall in Clear Creek Canyon and dislocated my ankle and fractured the talus bone (ankle) which required surgery and a couple of screws to fix. The rock we were on that day was open to the public at the time, but had previously been closed and was later closed again. I am not sure of the current status. I can't recall who my insurance carrier was at the time, but when filing the claim they wanted to know where the accident took place. Aside from saying it was on private property in Clear Creek Canyon that was open to the public with estiblished climbing routes, I refused to tell them and told them the accident was entirely my fault as I didn't want the insurance company to contact the landowner. I didn't know who the landowner was although I am sure they could have easily found out. I don't know if the the insurance company would have gone after the landowner to recover my medical costs or not. I guessing landowners could face actions from insurance companies even if the injured party didn't file a civil suit?
-Tom
Further, if the plaintiff is risk-averse, settlement will likely be below or near the value of the claim depending on how willing the defense lawyer’s client and insurer are to incur the necessary transaction costs (attorney fees) to obtain said outcome. Finally, if the client and insurer are bullish, there may be no way that plaintiff can induce settlement.
Those are the four most common permutations, sometimes both sides see the value the same and settlement is prompt (this is rare).
Settlement agreements always include the caveat that the fact of settlement is not an admission of liability and does not mean that the settling defendant or defendants were at fault for the transaction, occurrence, or injury.
Tom, while I personally agree with you that the closures are an overreaction, I professionally must disagree. By closing the land, the landowner makes the potential plaintiff a trespasser who can only recover if the landowner deliberately or willfully caused the plaintiffs injury. See CRS 13-21-115(4)(a); CJI 12:1. Without such a closure, the potential plaintiff becomes a licensee, who can only recover if he or she proves that the landowner had actual knowledge of the danger. See CRS 13-21-115(4)(b); CJI 12:2. The reality is that it is far easier to prove that a landowner of mountainous terrain actually knows it is dangerous. By closing the land, the landowner is far more likely to succeed on the merits because it is far more difficult for a trespasser-plaintiff to show that the landowner deliberately or willfully harmed the plaintiff.