Obviously, the advantage of a 998 is the ability to recoup costs if you beat the offer and the pressure to settle that puts on the other side. The main disadvantage is that, since you want to ensure you beat the 998 at trial, you want to be conservative with your offer, and when you are conservative, you potentially rule out the possibility of a higher settlement.
This answer is a general interpretation of the law and is not fact specific to your case. Likewise it does not create an attorney-client relationship. You should seek an attorney for a review of your specific facts and documents.
Also, certain cases allow you to accrue pre-Judgment interest on the principal sum awarded.
If you have found this information helpful, please let the attorney know by marking best answer. Thank you. This participating Attorney does not warrant any information provided, nor are we creating an Attorney-Client relationship by providing said information to you on this site. Nothing contained herein is intended to constitute, offer, induce, promise, or contract of any kind. The content provided is presented as a courtesy to be used only for informational purposes and is not represented to be error free. The Law Offices of John N. Kitta makes no representations or warranties of any kind with respect to its answer to inquiries, and such representations and warranties are being expressly disclaimed. Given limited facts, we are attempting to share relevant information concerning this area of the law as a public service.