Q: Company admitting there allegations. Do you think they will accept my asking price $500,000?
I have a letter from the company admitting there allegations, what do you believe will happen? Do you think they will accept my offer for $500,000?
Unfortunately, you did not provide enough details or information to give you a great answer. What is the company? What are the allegations? What are your damages?
A company admitting allegations is not really helpful. A company admitting their negligence and said negligence caused you injury would be more helpful.
In any event, I suspect if you demand $500,000.00, that will not be accepted (based on the little details you provide). Even if a company caused you an injury and they admit it was their fault, the damages have to be reasonable to compensate you for your injuries. Simply picking a number out of the hat won't get you too far.
I would recommend that you speak with an attorney.
A: A LOT MORE INFO IS NEEDED TO ADDRESS YOUR QUESTION.......
A: If you think your case is worth that much you should sit down with a lawyer and discuss your options. When someone doesn't have an attorney the other side thinks they can easily win. So at least talking to an attorney should be your first step. You didn't give enough information for us to even guess if you have a case. It's gets a little complicated so a one hour consultation should give you a really good idea of your options and the chances of success.
A: There are not enough facts to determine whether the company will pay you $500,000. The amount of a settlement is dependent on many things including the facts of your case, the damages to you, and the source of the settlement funds. It would be best for you to sit down with an experienced attorney so the attorney can analyze your case and the letter you have from the company.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.