Q: What is a "Hi-Low" agreement?

 

A: A: At trial, your attorney may suggest a hi-low agreement to you in order to hedge your bet that you will get some money as a result of a jury verdict. It places a maximum that you will agree to and guarantees a minimum amount that you will receive in the event a jury comes back with a defense verdict.

This type of agreement protects the defense attorney from a really large verdict and also protects you in the event a jury disagrees with your claims. This agreement is binding on all parties.

Gerry practices law exclusively in the State of New York. Within New York he practices primarily in the following counties: New York, Brooklyn, Queens, Bronx, Staten Island, Nassau and Suffolk. Technically, Brooklyn is known as "Kings County," and Manhattan and New York City are known as "New York County." Staten Island is known as "Richmond County." These counties make up the New York metropolitan area.