The Highs & Lows of High-Low Agreements
The antidote to late-trial self-doubting may be a high-low settlement agreement with the other side before the jury reaches a verdict, suggests Cook County Circuit Court Judge John H. Ehrlich in his February 2025 Illinois Bar Journal article, “The Highs & Lows of High-Low Agreements.” Yes, Judge Ehrlich notes, a high-low settlement presents unique risks because the parties typically negotiate its terms under short time constraints and a great deal of stress.