What is the meaning of "global settlement" in civil litigation?

The term "global settlement" in civil litigation refers to a resolution of multiple disputes simultaneously. This concept allows parties to reach an agreement that resolves not just a single issue or claim, but rather encompasses a broader set of issues or claims that may be interconnected or related.

Global settlements are beneficial as they can save time and resources by resolving multiple claims in a single negotiation, rather than settling each one individually, which could lead to fragmented outcomes. This is particularly useful in complex cases where multiple parties or lawsuits may be involved, enabling a more comprehensive resolution that addresses all related disputes cohesively.

In contrast, a resolution to a single claim pertains only to one matter and does not capture the broader scope intended by a global settlement. Similarly, strategies for a jury trial and methods of dispute resolution through arbitration are focused on specific processes within the legal system, rather than addressing the overarching concept of resolving multiple disputes in a single effort. Thus, the correct answer specifically highlights the comprehensive nature of the settlements in civil litigation contexts.