The two sides have been in ongoing talks since about August, a lawyer for Reeva Steenkamp's family told The Associated Press in email correspondence, and a settlement could involve Pistorius paying Steenkamp's family in the region of USD 275,000, according to media reports.
Steenkamp lawyer Dup de Bruyn first told The AP in August that the parties were negotiating, but both sides have declined to comment on the details, including the amount being considered, because of their sensitive nature.
Pistorius family spokeswoman Anneliese Burgess said in a statement to AP that "any dialogue between Oscar's lawyer and the Steenkamp family is a private matter and out of respect for Reeva's memory, we will not be commenting in any way on this."
The trial of the double amputee is due to start Mar. 3, when South Africa's one-time sporting hero will face charges of murder and illegal possession of ammunition, and also be indicted on two other charges relating to him allegedly shooting a gun recklessly in a public place on two separate occasions, prosecutors say.