Rather than read our posts, here’s a useful blog post from an Canadian lawyer setting out the six adavntages of settling, even if you are innocent. It covers risk, time, cost, privacy, creativity and finality. For Andrew, risk would have been a motivating factor I am sure. For QEII finality would have been ery motivating we can imagine.
The risk factors he points out are very true:
Risk
There are no “slam dunks”. Every case is risky. If you maintain that your case, or any part of it, is too strong to fail then at least accept that the judge or jury can still “get it wrong”. Therefore, even if you feel certain, lawsuits are inherently uncertain. Settling on terms which are short of your best-case scenario is rational since:
– a third-party decision maker is taken out of the equation, leaving those who know their own case best (including you and your lawyer) to craft the outcome, and
– no one suffers their worst-case scenario after trial (or beyond).
Also consider that:
A lawyer can never guarantee you a win—and often the “winner” and “loser” of a lawsuit are unclear anyway because you can win on some issues and lose on others.
While you might still believe that being declared a loser after trial is better than settling, if people are honest with themselves then they will admit that they hate losing
For Andrew, coming into a jury trial in New York on a “he said, she said” issue as a rich UK Prince was obviously a huge risk, irrespective of whether he believed himself innocent or not.
https://mitchellrose.ca/6-reasons-to-settle-a-legal-dispute/