Statistics reveal that a large number of mesothelioma cases never make it to trial. Instead, it is often a good idea for both sides in a case to agree to a settlement to avoid the undue costs of litigation.
In many cases, responsible parties settle to avoid the risk of having to pay a large jury-ordered award. Asbestos victims also frequently find settlements preferable because they offer the possibility of avoiding the litigation process altogether.
Due to these advantages (and many others), the Throneberry Law Group has been successful in negotiating matters for a number of victims.
How Settlements in Mesothelioma Cases are Obtained
One of the best steps that a mesothelioma victim can take in obtaining a settlement is to obtain the assistance of a skilled attorney.
In these situations, the most experienced lawyers will begin to collect evidence that helps to establish your case. During and after this time, a settlement is capable of being reached.
In a few cases, however, it is in the best interests of accident victims to reject settlements. Sometimes, responsible parties lower the amount of compensation offered hoping that a victim will agree to this amount. It is often only in situations where a victim needs immediate compensation that it is a wise idea to agree to a settlement.
The Factors that Influence Settlement Amounts
There are several factors that influence the amount of compensation that a person is able to receive, including the following:
- Any past medical issues faced by a patient
- Any past or future wages that were lost as a result of a mesothelioma diagnosis
- Medical bills faced by a patient
- The amount of time that the victim was exposed to asbestos
- The exact diagnosis that the victim receives
- The loss of family relationships as a result of a mesothelioma diagnosis
- The victim's age
Another factor that can greatly impact the outcome of mesothelioma lawsuits is the number of responsible parties that are named in a lawsuit.
It is common that an individual diagnosed with mesothelioma handles a number of products containing asbestos that were made by a number of manufacturers. It is possible for each responsible party to be named as a defendant, which can lead to a larger settlement amount.
Being Cautious about Settlement Amounts
Many mesothelioma victims are hesitant about whether a settlement is the best option for them. In some cases, it can even be difficult to decide if the assistance of a skilled attorney is even necessary. To make sure that you obtain the compensation that you deserve, however, the assistance of skilled legal representation is often critical.
Speak with an Experienced Mesothelioma Lawyer
If you or a loved one has been diagnosed with mesothelioma, the Throneberry Law Group can help make sure that you have the necessary strategy to obtain the compensation you deserve.
Behind our legal representation is an attorney who lost his father-in-law to the condition and who appreciates first hand just how traumatic a mesothelioma diagnosis.