What is the average settlement for mesothelioma?
When mesothelioma victims initiate legal proceedings against an employer who exposed them to asbestos, settlement out of court is a common outcome. A settlement ensures that the plaintiff will receive some compensation, and do so more quickly than if they went through a trial. While the average settlement amounts are smaller than those awarded at trials, they are still significant.
Average settlements for mesothelioma-related personal injury suits are between $1 and 1.4 million. Settlements are intended to cover medical bills as well as compensate the victim for pain and suffering and for missed work. Family of a deceased person can also file a wrongful death suit against a company that caused their loved one’s mesothelioma. Factors contributing to how high a settlement can be include the amount of expense and harm the victim incurred, the assets of the defendant, how strong the evidence is that the defendant was liable, and how clear it is that they were negligent or caused harm intentionally.
What is the average settlement for mesothelioma?
Settlements can be much higher than average; for instance, in 2011 a Missouri woman named Nancy Lopez received a $10 million settlement from the US Engineering Company for exposing her during a renovation project. Conversely, victims who receive compensation from a mesothelioma trust fund set up by a company that’s gone through bankruptcy can receive much less than they are due. With the potential for settlements to offer significant financial relief to mesothelioma victims and their families, it’s important for them to seek skilled legal assistance in getting what they deserve.
What is the average settlement for mesothelioma?
If you or a loved one have been diagnosed with Mesothelioma or Lung Cancer resulting from asbestos exposure, you have important legal rights and may be entitled to a cash settlement. Please call us today to get the facts. Toll Free 1-866-777-2557 or fill our online contact form and a lawyer will get back to you within 24 hours to answer your questions. Operators are standing by. We want to help you, so please make the call today.
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