Court-driven settlement
Judges ask about settlement at nearly every conference and may refer matters to mediation or a dedicated settlement part. Appear with settlement authority. A structured, realistic number backed by an explanation of your evidence moves a case; refusing to discuss numbers just guarantees another appearance.
Reading a stipulation before you sign
Identify the amount, the payment dates, the method of payment, who signs the releases, whether the case is discontinued with or without prejudice, and what happens if a payment is missed. Ask for a cure period and written notice before any default judgment can be entered. Once so-ordered, this document is the deal — informal side understandings are not enforceable.
Mediation
A neutral helps the parties find terms a judge could not impose — payment schedules, ongoing business terms, apologies, non-disparagement, work to be completed. It is confidential, and nothing said in mediation binds you unless you sign. For parties with an ongoing relationship, such as a landlord and a long-term tenant or two businesses that still need each other, it often produces a better result than a judgment.
Documenting the end
A settlement should be papered with a release, a stipulation of discontinuance, and, where money is paid over time, a confession of judgment or affidavit permitting entry of judgment on default if that was negotiated. Filing the discontinuance closes the case. Leaving a settled case open on the docket creates avoidable problems months later.