Free Law Firm Settlement Offer Letter Template
Law Firm Settlement Offer Letter
[Month, Day, Year]
[Recipient's Name]
[Recipient's Address]
Subject: Settlement Offer Regarding [Case Name/Case Number]
Dear [Recipient's Name],
We write on behalf of our client, [Client’s Name], in relation to the ongoing matter referenced above. After thorough consideration of the case and in an effort to amicably resolve this matter without further litigation, we present this settlement offer for your consideration.
As you are aware, our client holds the position that they sustained significant losses due to the breach of contract by your client. Specifically, the failure to deliver the agreed-upon services outlined in our agreement dated [Month, Day, Year] has resulted in a direct financial impact and loss of business for our client. We have compiled substantial evidence, including communications and witness statements, that support our client’s claims and demonstrate the obligations that were not met by your client.
However, we recognize the benefits of settling this dispute outside of court, which would save both parties significant time and resources.
Therefore, we propose the following terms for settlement:
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Payment Terms: [Your Client’s Name] agrees to pay $[Amount] in full satisfaction of all claims associated with this case.
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Release of Claims: Upon receipt of the agreed payment, both parties will release each other from all further claims related to the issues at hand.
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Confidentiality: Both parties agree to maintain the confidentiality of the settlement terms and the facts of the case.
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No Admission of Liability: It is understood that this settlement is not an admission of liability on the part of any party.
We kindly request that you review this offer and respond within 10-14 days upon receipt of this letter. Should this offer be acceptable, please have it signed and returned to our office by the aforementioned date. If you have any questions or wish to discuss this proposal further, please do not hesitate to contact me directly at [Your Company Number] or [Your Company Email].
We look forward to your timely response and hope to resolve this matter promptly.
Yours sincerely,
[Your Name]
[Your Title]
[Your Company Name] Law Firm