Mesothelioma Settlement Amount Factors
Mesothelioma is a serious form of cancer often caused by long-term exposure to asbestos. You can file a personal injury lawsuit stemming from the development of mesothelioma, or you can file a wrongful death suit if a member of your family has died from the disease.
If you file a lawsuit, you may get offered a settlement by the place you sue for responsibility for the mesothelioma, such as an employer whose work conditions included exposure to asbestos. A settlement is an agreement the two disputing parties reach that ends the lawsuit. Often, the parties can hammer out a settlement faster than awaiting a trial that results in a verdict, though settlements generally yield less money than a mesothelioma verdict.
Read on to learn more about the factors in mesothelioma settlements and what an average mesothelioma settlement might look like.
Factors Influencing Louisiana Mesothelioma Settlement Amounts
The average for mesothelioma settlements runs between $750,000 and $1 million, in our experience. But keep in mind, these figures fluctuate depending on the circumstances of each case. Variables may include:
- Amount paid for medical expenses
- Amount of lost wages
- Whether the case involves company negligence
- The number of companies involved in the lawsuit
- State of the case, including where the person or family filed the claim, the evidence and how the exposure occurred
- Case matrix, including the asbestos trust fund link
Another one of the significant mesothelioma settlement factors is the history of the defendant, such as whether they have been sued in the past and what type of experience they had in that litigation. If they have been through it before, they may be quicker to settle.
Compensation depends on the strength of the case. The stronger the plaintiff’s evidence, the more likely the company will be to settle. Compelling evidence presented at a jury trial may result in the awarding of damages much higher than a company expects. However, keep in mind that predicting a jury verdict is not an exact science, and sometimes taking a settlement, though it could be less than a jury would return, is the smarter bet.
Get the Right Representation to Guide You Through a Mesothelioma Settlement
Whether you or a loved one has developed mesothelioma, you may feel uncertain how to proceed. You know you have a potential lawsuit, but you don’t know whether you should accept a settlement or hold out for a jury trial. Trust Irpino, Avin & Hawkins Law Firm to guide you through the mesothelioma lawsuit process.
From filing your claim to considering a settlement, you need professional guidance from experienced, knowledgeable mesothelioma attorneys who understand the system and can guide you toward the best solution for your unique situation. We are committed to assisting you through every step of the process — we know what to look for in a settlement and when to push you toward one that serves your best interest.
We’ve earned settlements of more than $1 million for our clients in mesothelioma cases. Let us aid you with yours. Contact us today using our online form or call 800-7500-LAW.