This document settles the claims of partners in a small, general practice law firm that is going through dissolution. It provides for the monetary sums to be received by the two former partners, along with their respective duties for completing the close of the partnership
Washington Settlement Agreement Resolving Claims of a Small General Practice Firm
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The Best Settlement Offers! Past medical bills. Future medical expenses. Past and future pain and suffering. Reimbursement for losses and damages. Medical expenses paid off. Future physical therapies paid off. Future surgical care considered and included. Future life changes considered and included.
The agreement should set forth what money is being paid for, i.e., the type of damages, as well as the claims it is being paid on. If some damages are taxable and some are not, the settlement agreement should set out, in as much detail as possible, the proportions and rationale.
Key elements of a Settlement Agreement Financial compensation: The agreement will set the amount and when the payment will be received. Confidentiality obligations. Restrictive covenants: Specifying any post-employment restrictions or non-compete clauses.
Settlement process Settlement discussions can be initiated by either L&I, or by you or the employer submitting an application to L&I. If the claim is appropriate for settlement, we will contact all parties and negotiate specific terms of the settlement.
Identify, gather and produce the most important information early. Settlement negotiations are most effective at the proverbial sweet spot, when each side has the information it believes it needs to make a judgment about settlement but before discovery expenses allow the sunk costs mentality to take hold.
In the event that there is a breach of a settlement agreement the offended party can: Initiate a civil claim in connection with the breach. Seek intervention by the court that would have had jurisdiction over the original dispute.
What Should Be Included in a Settlement Agreement? Identifying information for all involved parties. A description of the issue you're seeking to settle. An offer of resolutions that both parties agree to. Proof of valid consideration from both parties without coercion or duress. Legal purpose.