19 Oct, 2021

What happens if I reject a settlement offer?

Author Todd A. Strong
Category
Table of Contents

    Rejection of settlement offers is part of the negotiation to achieve the best settlement possible.  Under contract law, once an offer is rejected, that offer becomes null and void.  Alternatively, you can make a counteroffer in hopes of receiving a better offer.  A verbal acceptance of an offer can result in a binding agreement.  Negotiations with insurance companies can be difficult and challenging.  Hiring an experienced personal injury attorney will help avoid the pitfalls of settlement negotiations.

    About The Author

    author-bio-image
    Personal Injury Lawyer Todd A. Strong Illinois workers’ compensation and personal injury lawyer Todd A. Strong is the founder of Strong Law Offices in Peoria, Illinois. Todd brings considerable legal knowledge, experience, and skill to the table to ensure injured victims throughout the state are treated with respect, dignity, and fairness.
    Years of Experience: More than 20 years
    Illinois Registration Status: Active
    Bar & Court Admissions: Illinois State, 1994
    U.S. District Court, Central District of Illinois, 1994
    U.S. District Court, Northern District of Illinois, 2022
    U.S. District Court, Southern District of Illinois, 2023
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    About The Author

    author-bio-image
    Personal Injury Lawyer Todd A. Strong Illinois workers’ compensation and personal injury lawyer Todd A. Strong is the founder of Strong Law Offices in Peoria, Illinois. Todd brings considerable legal knowledge, experience, and skill to the table to ensure injured victims throughout the state are treated with respect, dignity, and fairness.
    Years of Experience: More than 20 years
    Illinois Registration Status: Active
    Bar & Court Admissions: Illinois State, 1994
    U.S. District Court, Central District of Illinois, 1994
    U.S. District Court, Northern District of Illinois, 2022
    U.S. District Court, Southern District of Illinois, 2023