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I wouldn't sign anything without first consulting an attorney.
You would be releasing them from any future liability should you have any physical issues arise in the future, without going to court...which the release might weigh against your position.
Lawyer up.
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Yeah that's the ticket. Hire a lawyer who is going to take half of your eventual settlement and make things last much longer than they might otherwise have lasted. Lawyers have their place but that place is usually smaller than they want you to believe.
Ask yourself this question. Is the cash I'm being offered fair?
If the answer is yes, take it.
If the answer is no, ask for more. If they say no, then think about how long you want this thing to drag out and if it's worth your time and frustration to give someone half of what they
might ultimately get you if they are working on contingency. Or better yet, how much do you have to pay them up front to do your legal muscle work for you?
Are the potential two birds in the bush worth more than the bird in your hand?