According to a medical liability defense lawyer practicing in New York, there are several reasons a physician may choose to settle a case outside of court. For instance, a settlement may be a better option if an expert opinion reveals that the physician failed to provide the reasonable standard of care expected to a patient or if a doctor's actions are indefensible. Furthermore, if the malpractice insurance is inadequate, it could lead to loss of personal assets in the event litigation results in a high trial verdict.
Additionally, an early settlement could provide for faster compensation to a plaintiff and reduce the overall cost of a case. A trial may be lengthy, but a settlement offers a quick relief to both sides from the stress and burden of the litigation process.