Expect: Mesothelioma Lawsuits Pt. 2
Posted on Friday, December 4th, 2020 at 4:16 am
Have you been exposed to asbestos? If the answer to that question is yes, and you have been diagnosed with mesothelioma you probably have a lot of questions. One important question you may ask is what you can expect if you choose to file an asbestos or mesothelioma lawsuit. This article will discuss basic things you can expect in filing an asbestos and mesothelioma lawsuit.
Expect: Compensation
The main reason for filing any personal injury claim or lawsuit is in order to receive money compensation for damages. Therefore, it is only proper to ask how much a mesothelioma victim is likely to get from a lawsuit. While the question is valid it is hard to estimate the dollar amount that one is likely to receive. Some cases are settled or have a jury awards in the millions while similar ones have much less compensation. One of the reasons for this is that many asbestos companies have closed down or gone bankrupt. Because of closure and bankruptcy courts require that funds be set aside to compensate future victims. Some of these funds are still quite large and can pay out all claims at full value. While in other cases these funds have been depleted so much that settlement amounts need to be rationed.
Expect: Damages
Another factor is that each victim has their own unique illness and the way it has affected their life. These aspects directly affect the cash settlement or jury verdict amounts. Key elements in deciding dollar amounts include:
- Lost wages
- Medical expenses
- The victim’s degree of pain and suffering
Another key element on how much you can recover from your lawsuit is time. When cases are settled quite quickly the amounts are often much less than if the lawyer goes to trial. However, going to trial lengthens the duration of the case. That being said, the majority of mesothelioma cases result in settlements or awards between $1 million to $5 million+.
For more information and advice on filing a mesothelioma lawsuit speak to a Vinson Law Office mesothelioma lawyer. For a free initial consultation contact the Vinson Law Office today.