There is no magic answer to this question. Each situation is different. The best answer is to get a good attorney and listen to his advice, but make up your own mind. You want an attorney that has years of experience in representing injured persons. That attorney will have learned from the experience of making good decisions and bad decisions in the past. You will benefit from that experience. Ask your attorney every question you can think of until you are comfortable with your decision to settle or not settle. You want an attorney that will take the time necessary to inform you about all aspects of your claim.
At the Altman Legal Group we work for each person we represent with the care, time, and dignity we would want for ourselves. Many of our clients are referred from former clients we have represented. We never forget that while we represent many clients, our clients have only one case and it is extremely important to them and their families.