It seems to me like this is just a bribe to shut up about the cause of the lawsuit. It doesn’t lead to justice, and is not punitive enough in the case of large corporations....
Don't forget another big reason - juries are a crap shoot. You could get a good jury or a really bad one. You've got 10-12 people that are being required to be there and most really don't want to be. They just want to get it over with and get back to your life.
Also, your expenses go up considerably if you go to trial - more depositions, more experts and attorney fees typically go up = more $$$ out of your ultimate judgement and into your pocket. Additionally attorneys can often have a better chance of negotiating liens and balances down before it goes to trial which means more money in your pocket.
Why do most US lawsuits settle instead of going to trial?
It seems to me like this is just a bribe to shut up about the cause of the lawsuit. It doesn’t lead to justice, and is not punitive enough in the case of large corporations....