settlement first method

settlement-first method. A means by which to apply a settlement credit to a jury verdict, by first reducing the amount of the verdict by subtracting the amount of all settlements the plaintiff has received on the claim, then reducing the remainder by the percentage of the plaintiff’s comparative fault. See SETTLEMENT CREDIT. Cf. FAULT-FIRST METHOD. [Cases: Damages 63. C.J.S. Damages §§ 169–171.]

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词条贡献者

法律翻译李黎，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与福利、薪酬及雇佣有关的法律文件。