I was in a car accident and have now been called for a deposition. What is a deposition?

A deposition is similar to giving an oral testimony in a trial, but is less formal and takes place in an office setting at a time prior to trial. A plaintiff, defendant, witness, or expert witness is questioned under oath by the attorneys representing both sides of a lawsuit. The goal is to discover all information relevant to a lawsuit before it is formally tried in a court of law. The resulting testimony gained in a deposition may also yield information leading to a settlement of the case before it reaches trial.