Settlement negotiations should only take place once the injured party knows the extent and nature of their injuries and damages, their future prognosis and risks into the future, and the opinions of their medical providers or other experts on these questions. Typically, a demand for settlement is made along with a review of the evidence supporting the claims, and a demand made for payment. Settlement negotiations can occur at any time, whether the parties are in litigation or not. Always be aware that once you agree to a settlement, that agreement is final, so it is important to make sure that the value of your case is fully supported with expert, medical and other evidence. There are many pitfalls for an inexperienced person trying to settle a case without knowledge of the law, the way things are valued, and the legal proofs that may be needed or available. In products liability cases, or any personal injury case, it is important that you have an experienced attorney fighting for your rights.