New Mexico Sample Letter for Settlement Itemization Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with a detailed itemization of the settlement amount that I believe is fair and reasonable for the dispute we currently have regarding [mention the nature of the dispute]. Enclosed with this letter, you will find a breakdown of the expenses and costs incurred during this dispute, categorized for your convenience. 1. Legal Fees: — Attorney's fee for reviewing the case and providing legal advice. — Court filing fees and other related legal expenses. — Document preparation and research costs. 2. Mediation/Arbitration Expenses: — Mediator's fee for facilitating negotiations and reaching a settlement. — Arbitrator's fee if the dispute was brought to arbitration. 3. Damages/Compensation: — Itemized list of damages suffered as a result of the dispute (if applicable). — Compensation for any financial losses incurred. — Costs for repairing or replacing damaged property. 4. Time and Effort: — Personal time and effort spent in resolving the dispute. — Hours spent collecting evidence, attending meetings, and corresponding with relevant parties. 5. Miscellaneous Expenses: — Travel expenses directly related to the dispute resolution process. — Any other reasonable and necessary costs incurred during the course of the dispute resolution. Please note that this itemization is a comprehensive breakdown of the costs and expenses directly associated with our dispute. I believe this settlement amount accurately reflects the financial impact and efforts made to resolve the matter amicably. I kindly request that you thoroughly review the enclosed itemization and promptly provide your input or any discrepancies you may have observed. Furthermore, I am open to discussion and negotiation to reach a fair settlement that considers both parties' interests. Please respond within [mention a reasonable time frame] to avoid any unnecessary delays. In case I don't hear back from you within the specified timeline, I may be forced to take further legal action to safeguard my rights. Thank you for your attention to this matter, and I hope we can resolve this dispute amicably and avoid any further complications. Sincerely, [Your Name] [Your Contact Information]