Something that the whole lawsuit thing taught me is that settlement offers aren't an indication of weakness - there's a significant strategic aspect of them under English law. This is covered by part 36 of the Civil Procedure Rules (https://www.justice.gov.uk/courts/procedure-rules/civil/rules/part36), and one of the most interesting parts is 36.17 - the consequences of not accepting an offer to settle. The court system prefers a resolution that avoids court whenever possible, so there are strong incentives for that.