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Home > Frequently Asked Questions > What is the Verdict or Settlement Amount field?

What is the Verdict or Settlement Amount field? [1]

This field notes the amount of money that a party has been ordered to pay or has agreed to pay. In the case of a verdict amount, it is the amount the judge or jury has determined is owed to the prevailing party. In the case of a mutual settlement, it is the amount one party agrees to pay to the other. The amount entered should be a numeric value -- ie. "$2,500,000" --  equaling the total amount of any payments made as a result of the legal threat. Please do not use abbreviations like "$2.5 Million."

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Source URL (modified on 09/07/2020 - 12:44pm): https://www.dmlp.org/faq/what-verdict-or-settlement-amount-field#comment-0

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[1] https://www.dmlp.org/faq/what-verdict-or-settlement-amount-field