The final status conference is where the court urges a settlement
once again and then asks the parties to submit what their issues are remaining for trial and if they are able to narrow those issues down and when they will be ready for trial. The court will then set a trial order after trying to convince the parties to settle again. The status conference is just that, for the court to find out if settlement is close or if trial is necessary because there is no hope of settlement.
Each judge has a different requirement for the conference and most will require a written submission of the issues for trial, proposed jury instructions if there is a jury, witness lists and summaries of the arguments and caselaw being relied upon. You need to check with the clerk for the particular judge's format. If you do not go, then the court doesn't know you are read or not for trial and will end up taking whatever the other party submits to proceed to trial and could then exclude what you have to submit as punishment for not attending the conference.
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