The Rising Tide of Settlement

by ASchlossberg on July 2, 2015

Two recent New York settlements of $17 million and $6.5 million were made prior to litigation. New York City Comptroller Scott M. Stringer would like to lighten the docket. Stringer’s plan could decrease costs and aid in reallocating funds to other ventures. Pre-litigation dispute resolution often benefits all parties involved, minimizing time and cost expenditures as well as emotional involvement. Approximately 2,000 cases involving New York City were settled without litigation in 2014, and pre-litigation dispute resolution continues to gain popularity in many, if not all, courts and areas of law. (Internal citations omitted.)

 The Law Office of Aaron M. Schlossberg, P.C.

(This writing is for general information purposes only, should not be construed as legal advice and does not establish an attorney-client relationship.)

ASchlossberg

ASchlossberg

Managing Member at The Law Office of Aaron M. Schlossberg, P.C.
Aaron Schlossberg focuses on complex commercial and insurance coverage matters involving corporate clients, entrepreneurs and individual policyholders. Mr. Schlossberg drafts and negotiates high-level contract documents and appears frequently in state and federal courts throughout New York State. Mr. Schlossberg earned his Bachelor of Arts Degree in English from The Johns Hopkins University and his Juris Doctorate Degree from the George Washington University Law School. Mr. Schlossberg gained invaluable insight during his post-graduate judicial clerkship and significant experience as an associate with two midtown Manhattan law firms prior to founding the Law Office of Aaron M. Schlossberg, P.C. in June 2012. Mr. Schlossberg is a published author and a seasoned presenter. He is fluent in Spanish, conversational in French and has basic knowledge of Mandarin Chinese and Hebrew. Mr. Schlossberg is a member of the New York State Bar Association and is admitted to the following courts: New York State, Eastern and Southern Districts of New York, United States Court of Appeals for the Second Circuit.
ASchlossberg

Tagged as: lawsuit, litigation, pre-litigation dispute resolution, settlement

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