The Risks - Back and Forth. The draw system is a method of paying a contractor for materials and labor in a fashion that limits risks to both the contractor and the customer. The draw system works by trading limited risk back and forth between the two parties.
The extent to which these and other steps are needed is determined by the issues of the case. Discovery: Discovery is usually the longest part of the case. It begins soon after a lawsuit is filed and often does not stop until shortly before trial. During discovery, the parties ask each other and third parties for information about the facts and issues of the case.
Settlement. The act of adjusting or determining the dealings or disputes between persons without pursuing the matter through a trial. In civil lawsuits, settlement is an alternative to pursuing litigation through trial. Typically, it occurs when the defendant agrees to some or all of the plaintiff's claims and decides not to fight the matter in court. Usually, a settlement requires the defendant to pay the plaintiff some monetary amount.