What Factors Are Considered In Determining The Settlement Amount?
The evidence is going to drive the settlement amount. Medical expenses, treatments, and procedures, costs covered and not covered by insurance, wages, and testimony are all driving factors in determining a settlement amount. The jury will decide based upon the evidence, how to compensate you for your out-of-pocket costs, any future damages, and an unknown amount awarded for pain and suffering, loss of companionship, and loss of enjoyment of life.
Can I Even Afford A Highly Experienced Personal Injury Attorney To Represent Me?
The initial consultation with an attorney will help you determine whether you have a viable case. If you have a viable claim to present, then you will be able to afford an attorney. A percentage from the recovery that you receive will be paid to the attorney. If the liability is clear, the injuries are substantial, and the other side has significant insurance coverage then an individual will have funds to hire an experienced attorney to move forward with their case.
Can Someone Handle Their Personal Injury Case Without An Attorney?
It is not advised to handle a personal injury case without an attorney. An attorney will be able to evaluate and assess your situation. If you are dealing with a large corporation or entity and also managing your health and expenses, it is wise to seek a trained, licensed, and skilled attorney who will negotiate and handle your case while you recover.
The insurance company on the defendant’s side is going to try and convince you not to hire an attorney. They will reiterate that you can settle the case on your own. However, it is essential to remember the defendant’s insurance company is not there to help you.
Insurance companies want to close a case with as little payout as possible. There are also aspects of a personal injury case that an individual, who is not an attorney, is not familiar with. Having a lawyer on your side will help with insurance policies, questions, and appropriate measures.
There is a provision in the law for third party recovery also known as subrogation. This is when your health insurance company paid expenses on your behalf for your injuries that were caused by another person’s negligence. Your health insurance carrier will seek to recoup funds from your settlement to pay back what they, the health insurance company, paid out. If a person settles their case too quickly because they didn’t understand the policies or subrogation legalities, there is a probability that your own health insurance company can file to take your settlement proceeds and could possibly leave you with no money for pain and suffering. There are many traps laid out for someone trying to settle their own case which could prove costly to the unsuspecting and uninformed person.
What Sets Your Firm Apart In Handling Personal Injury Claims?
Every personal injury law firm will advertise their resume and expertise. They are all skilled and able to represent you, and of course, they will fight for you since lawyers get paid a percentage from the recovery. However, I advise clients to choose the attorney with whom they are comfortable. The attorney they choose will be a part of their life either temporarily or permanently.
If the case is going to take months or years, the client needs to go with someone they’re satisfied with. If a client is not comfortable with me, I understand, and I refer them to another attorney. The client needs to determine whether they are comfortable explaining their story and proceeding with the lawyer, and the lawyer needs to figure out if their case is worth pursuing. Once a client signs on to work with me, as an experienced and knowledgeable attorney, I start solving the problems of their case.
For more information on Determining A Personal Injury Settlement Amount, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (603) 880-1300 today.
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