Lindsay Lohan was in an LA court yet again today for a hearing in her felony theft case. The troubled actress, who is charged with stealing a $2,500 necklace from a Venice Beach jewelry store, was presented with a tough ultimatum this morning — she can either settle the case with the district attorney and face "significant" jail time, or take her chances by pleading not guilty and hoping the court takes mercy on her. The judge, Keith Stewart, warned the star this morning that, "This case does involve jail time. Period." Lindsay looked somber today, arriving in a cleavage-baring top and wide-legged pants after sporting a tight, white dress to her last appointment. Lindsay will have to decide which option to choose by her next appearance on March 10. Her court drama has occupied much of her time lately, but she's also fitting in a little work, a few social outings, and maybe even a reunion with Samantha Ronson.