And a lot of the time it is because there are 1 million plus lawyers going after the money. I can tell you most companies are willing to settle rather than have prolonged trials even if they’re innocent. We all know that don’t we?
When I first started working for my family's engineering company I had a really hard time accepting "business decisions" when it came to litigation.
Our Liability Insurance Companies work out the cost of a settlement,versus a trial.
Even if we are 100% right,they base their decision only on economics.
Of course they never talk about settlement,until they use up our deductible.
Under our policy, we do have the right to demand a trial.
But if we lose,we can be responsible for any damages.
As one lawyer told me "A fair settlement is better then a good trial".
Today its really bad,because juries not only don't understand technically complex cases,they don't want to make decisions.
They prefer to "split the difference".