This form is a sample letter in Word format covering the subject matter of the title of the form.
Subject: Settlement Offer in the New York Case of [Plaintiff's Name] v. [Defendant's Name] [Your Name] [Your Law Firm] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Opposing Counsel's Name] [Opposing Counsel's Law Firm] [Opposing Counsel's Address] [City, State, ZIP] Dear [Opposing Counsel's Name], RE: Settlement Offer in the Case of [Plaintiff's Name] v. [Defendant's Name] I hope this letter finds you well. I am writing on behalf of my client, [Plaintiff's Name], to extend a settlement offer in the above-mentioned case pending in the state of New York. We believe that a mutually agreeable resolution can be reached to avoid the need for protracted litigation, expense, and potential uncertainties associated with trial. BACKGROUND: As you are aware, our client [Plaintiff's Name] filed a complaint on [Date] against your client, [Defendant's Name], alleging [briefly mention the nature of the claim, such as personal injury, breach of contract, etc.]. The parties have since engaged in the discovery process, exchanging documents and conducting depositions, which have provided a clearer understanding of the facts at hand. SETTLEMENT OFFER: In light of our client's objective to resolve the matter efficiently and without further legal proceedings, we propose the following settlement terms: 1. Monetary Compensation: Our client is willing to accept a lump sum payment of [amount in dollars] in full and final settlement of all claims related to this case. This amount is inclusive of any past, present, and future damages, medical expenses, lost wages, pain and suffering, and legal fees incurred thus far. 2. Confidentiality: Both parties shall agree to keep the terms and details of this settlement confidential. This includes refraining from discussing or disclosing said information to any third party, including the media or social media outlets. 3. Release of Liability: Upon receipt of the agreed settlement amount, our client will execute a comprehensive release of liability, absolving your client and any affiliated parties from any present or future claims arising out of the allegations set forth in the complaint. 4. Timelines for Settlement: We expect a response to this settlement offer by [specific date, typically 20-30 days after the date of the letter]. In the event that we do not receive a response within the given timeframe, we must assume that the offer has been rejected and proceed accordingly with the litigation process. 5. Implementation of Settlement: Should both parties come to an agreement, we will promptly prepare the necessary settlement documents and coordinate with applicable insurance companies, if involved, to ensure prompt and efficient payment. Please note that this settlement offer is made without prejudice and in an effort to avoid the costs, time, and uncertainty of trial. We believe it reflects a fair and reasonable resolution based on the circumstances and the potential outcomes of the case. We kindly request you to discuss this proposal with your client and provide us with a written response within the specified timeframe. If you require any additional information or wish to engage in further negotiations, please do not hesitate to contact me at your earliest convenience. Thank you for your attention to this matter, and we look forward to resolving this case amicably. Yours sincerely, [Your Name] [Your Title] [Your Law Firm]Subject: Settlement Offer in the New York Case of [Plaintiff's Name] v. [Defendant's Name] [Your Name] [Your Law Firm] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Opposing Counsel's Name] [Opposing Counsel's Law Firm] [Opposing Counsel's Address] [City, State, ZIP] Dear [Opposing Counsel's Name], RE: Settlement Offer in the Case of [Plaintiff's Name] v. [Defendant's Name] I hope this letter finds you well. I am writing on behalf of my client, [Plaintiff's Name], to extend a settlement offer in the above-mentioned case pending in the state of New York. We believe that a mutually agreeable resolution can be reached to avoid the need for protracted litigation, expense, and potential uncertainties associated with trial. BACKGROUND: As you are aware, our client [Plaintiff's Name] filed a complaint on [Date] against your client, [Defendant's Name], alleging [briefly mention the nature of the claim, such as personal injury, breach of contract, etc.]. The parties have since engaged in the discovery process, exchanging documents and conducting depositions, which have provided a clearer understanding of the facts at hand. SETTLEMENT OFFER: In light of our client's objective to resolve the matter efficiently and without further legal proceedings, we propose the following settlement terms: 1. Monetary Compensation: Our client is willing to accept a lump sum payment of [amount in dollars] in full and final settlement of all claims related to this case. This amount is inclusive of any past, present, and future damages, medical expenses, lost wages, pain and suffering, and legal fees incurred thus far. 2. Confidentiality: Both parties shall agree to keep the terms and details of this settlement confidential. This includes refraining from discussing or disclosing said information to any third party, including the media or social media outlets. 3. Release of Liability: Upon receipt of the agreed settlement amount, our client will execute a comprehensive release of liability, absolving your client and any affiliated parties from any present or future claims arising out of the allegations set forth in the complaint. 4. Timelines for Settlement: We expect a response to this settlement offer by [specific date, typically 20-30 days after the date of the letter]. In the event that we do not receive a response within the given timeframe, we must assume that the offer has been rejected and proceed accordingly with the litigation process. 5. Implementation of Settlement: Should both parties come to an agreement, we will promptly prepare the necessary settlement documents and coordinate with applicable insurance companies, if involved, to ensure prompt and efficient payment. Please note that this settlement offer is made without prejudice and in an effort to avoid the costs, time, and uncertainty of trial. We believe it reflects a fair and reasonable resolution based on the circumstances and the potential outcomes of the case. We kindly request you to discuss this proposal with your client and provide us with a written response within the specified timeframe. If you require any additional information or wish to engage in further negotiations, please do not hesitate to contact me at your earliest convenience. Thank you for your attention to this matter, and we look forward to resolving this case amicably. Yours sincerely, [Your Name] [Your Title] [Your Law Firm]
