50/50 50:50 50-50 fifty fifty
50/50 is a term used where it is thought the blame for an accident is equally shared between those involved.
The term is often used by insurance companies who want to reduce the payment they should make. In law very few cases are truly 50/50, but it is a term too often used in negotiation.
A 50/50 settlement might be suggested where there are no independent witnesses, where it is your word against the word of someone else. You might well be believed in Court, and the other person’s evidence rejected, but the insurance company are not keen to pay the legal costs of finding out. In truth, if you risked paying the legal costs, you might feel less strongly about the fight. Continue reading “50/50 50:50 50-50 fifty fifty”