If you’ve been the victim in a personal injury case, you’re probably interested in getting a good settlement to make up for what has been done. However, if you’re new to the process, you may not be sure if what you’re getting is a good one or not. Luckily, there are a few ways to tell if it’s acceptable or not. Here’s how you know if you have a good settlement offer.
Things to Consider
When it comes to figuring out how much your case is worth in terms of a settlement, you’ll want to consider the losses you’ve incurred and any extenuating circumstances. Here are a few factors that will affect the worth of your case:
- Legal costs, including attorney fees and expert witness costs.
- Monetarily losses incurred, such as pain and suffering, lost wages, or hospital bills.
- The type and seriousness of any injuries.
- Your own responsibility in the event.
- Whether you’ll need home after-care following the event.
These factors will help you and your lawyer come to a range of acceptable settlement offer amounts. However, you’ll also want to talk with your lawyer about your chances of winning your case. If it’s less likely your case will succeed, it’s a good idea to set a lower settlement figure since this will help increase your chances of a positive outcome.
How Much to Expect
While working with your legal representative following the above factors, you should be able to come up with a relatively clear expectation of a potential settlement. Ideally, a reasonable settlement offer will cover all medical expenses incurred from the injury and all legal fees. In addition to that amount, also included should be around a year of your current salary. This amount could go up, especially if your injuries are permanent or lead to other long-term health issues.
All Cases Are Different
You have to remember that all legal cases are different, especially from state to state in the US. Plus, the individual circumstances of your case will be different from other cases, so don’t rely on hearsay or anecdotal reports of how much other people in similar situations were able to settle for.
In a personal injury case, the best thing to do if you’re trying to get a good settlement offer is to be aware of the laws in place and work closely with your lawyer. In addition, keeping good records of hospital bills and other costs is helpful, especially since some cases can take years to play out.
If you want to get the best settlement possible for your case, let Wayne Resmini help settle your case. As solid professionals in the industry, they’ve got the know-how and skills to fight for you to get a suitable outcome.