I agreed to the settlement currently on the table but since then I've changed my mind. I have not yet signed any papers or releases, everything is verbal at this point. Is that binding?
Disclaimer: Information provided in our response is NOT formal legal advice. It is generic legal information based on the very limited information provided. Under no circumstances should the information in our response, or anywhere else on this site be relied upon when deciding the proper course of a legal matter. Our response does NOT create an attorney-client relationship. Always get a formal case review from a licensed attorney in your area.
ANSWER for "Is a verbal agreement binding in a settlement?":
The simple answer is NO.
The only concern would be if your verbal agreement was taken down by a court reporter, or if it came during a recorded deposition. Even then, 99% of the time to be enforceable your agreement would have to be in writing.
The above is general information. Laws change frequently, and across jurisdictions. You should get a personalized case evaluation from an attorney licensed in your state. Find a local attorney to give you a free case review here, or call (888) 647-2490.
The accuracy of information provided on this site is not guaranteed. It is generic information for informal purposes only. It is NOT formal legal advice. Your use of this site does NOT create an attorney-client relationship. Before relying on any information found in this site you should consult with a licensed attorney in your state. If you are currently represented by an attorney, you should strictly abide by his/her counsel.