While injury lawyers must be fully prepared to take an auto accident lawsuit to trial if necessary, the reality is many -- or at least portions pertaining to certain defendants -- are settled out-of-court before trial.
Such cases are concluded through what are commonly known as settlement agreements, and they are contractual and binding. They often contain stipulations on release of liability for current and future claims stemming from the accident, and in some cases they will contain confidentiality clauses.
Don't take these as boilerplate forms. t's very important for you and your attorney to carefully read these documents before signing. There may be important information regarding inability to collect future payments or pursue litigation against other parties.