Indiana Sample Letter to Opposing Counsel concerning Settlement of Litigation: [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Opposing Counsel's Name] [Opposing Counsel's Law Firm] [Address] [City, State, ZIP] Re: Settlement Proposal for Litigation Case No. [Case Number] Dear [Opposing Counsel's Name], I hope this letter finds you well. I am writing to discuss a potential settlement for the above-mentioned litigation case. After carefully evaluating the facts, evidence, and legal arguments presented thus far, I believe it is in our clients' best interests to explore the possibility of resolving this dispute amicably. As you are aware, our clients have been engaged in this litigation for an extended period, facing significant financial and emotional costs. Recognizing the uncertainties and risks associated with the litigation process, we believe that pursuing a mutually acceptable settlement would not only avoid further expenses but also provide a faster resolution to the matter. I am proposing the following terms for settlement: 1. Payment Offer: Our clients are willing to accept a settlement amount of [Proposed Settlement Amount], payable within [Payment Terms, e.g., 30 days of the settlement agreement execution]. 2. Release of Claims: Upon receipt of the settlement amount, our clients agree to release and discharge [Opposing Party] from all present and future claims arising out of or relating to the subject of this litigation, effectively ending any further legal action. 3. Confidentiality Clause: Both parties shall treat the terms and conditions of this settlement agreement as strictly confidential, unless required by law or with the express written consent of all involved parties. 4. Dismissal of Pending Litigation: Upon full and timely payment of the settlement amount, our clients will file a joint stipulation for the dismissal of the pending litigation in the [Indiana Court name], Case No. [Case Number]. If you find these proposed settlement terms reasonable and in line with your client's interests, I kindly request that you communicate the offer to them. I am open to discussing any modifications or counteroffers that may help facilitate a mutually agreeable settlement. Please provide a response within [Propose a Reasonable Timeframe] to allow for efficient negotiation and possible settlement of this matter. We look forward to resolving this dispute and putting an end to the litigation burdens faced by both parties. Thank you for your attention to this matter. Should you require any further clarification or wish to discuss this proposal in detail, please do not hesitate to contact me. I look forward to your prompt response. Sincerely, [Your Name] [Your Law Firm] [Preferred Method of Contact: Email/Phone]