What is the purpose of a legal settlement?

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What is the purpose of a legal settlement?

The purpose of a legal settlement is to resolve a dispute or conflict between parties involved in a legal case without going to trial. It is an agreement reached between the parties, usually with the assistance of their attorneys, where they agree to certain terms and conditions to resolve their differences. The settlement can include various outcomes such as financial compensation, changes in behavior, or other agreed-upon actions. The purpose is to avoid the time, expense, and uncertainty of a trial, and to reach a mutually acceptable resolution for all parties involved.