Average Settlement for Mesothelioma Lawsuits: Everything You Need to Know

Welcome to our comprehensive guide on average settlement for mesothelioma lawsuits. If you or a loved one have been diagnosed with mesothelioma, it is crucial to seek legal representation to pursue compensation for medical bills, lost wages, and pain and suffering. In this article, we will provide you with the most up-to-date information on average settlement amounts, potential factors that can affect your compensation, and answers to frequently asked questions. We hope this guide will empower you to make informed decisions about your legal options and ensure you receive the justice and financial support you deserve.

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Introduction: Understanding Mesothelioma and Its Causes

Mesothelioma is a rare and aggressive type of cancer that affects the thin layer of tissue that covers the lungs, chest wall, abdomen, and other internal organs. It is typically caused by exposure to asbestos fibers, which can enter the body through inhalation or ingestion. Asbestos was commonly used in a wide range of industries and products, such as construction materials, insulation, automotive parts, and household appliances, before it was banned in many countries due to its hazardous health effects.

The latency period between asbestos exposure and mesothelioma diagnosis can range from 10 to 50 years, making it challenging for patients to identify the source of their illness and hold responsible parties accountable. That’s why mesothelioma victims often turn to legal recourse, such as filing a personal injury lawsuit or a wrongful death lawsuit on behalf of their deceased family member, to seek compensation and accountability.

However, mesothelioma lawsuits can be complex and time-consuming, involving multiple parties and legal procedures. It is essential to work with an experienced mesothelioma attorney who can guide you through the process and advocate for your best interests.

What Factors Affect the Average Settlement Amount for Mesothelioma Lawsuits?

There is no fixed or predetermined amount of compensation for mesothelioma lawsuits. The settlement amount depends on various factors, such as:

The severity of the illness and its impact on the patient’s life

Generally, the more advanced and debilitating the mesothelioma, the higher the settlement amount. Mesothelioma can cause physical pain, emotional distress, and financial burden for patients and their families, including medical expenses, lost income, and decreased quality of life.

The duration and extent of asbestos exposure

Asbestos exposure that occurred over a more extended period and at higher levels is more likely to result in mesothelioma and higher compensation payouts. However, even brief and low-level exposure can lead to mesothelioma, so it’s crucial to document all possible sources of exposure and work with a seasoned attorney who can investigate and gather evidence.

The strength of the legal case and evidence

To receive a favorable settlement or verdict, mesothelioma plaintiffs must establish that their illness was caused by asbestos exposure and that one or more defendants were negligent or liable. This requires solid legal arguments and evidence, such as medical records, work history, expert witness testimony, and product testing.

The jurisdiction and venue of the lawsuit

Each state and court has its laws, procedures, and precedents regarding mesothelioma lawsuits. Some jurisdictions have a reputation for being more plaintiff-friendly, while others may favor defendants or have stricter statutes of limitations. The venue of the lawsuit can also affect the cost and logistics of litigation, such as travel expenses, deposition scheduling, and jury selection.

The type and number of defendants and their insurance coverage

Mesothelioma lawsuits often involve multiple defendants, such as asbestos manufacturers, suppliers, contractors, and premises owners, who may share or dispute liability. The more defendants and their ability to pay or settle, the higher the potential settlement amount. It is also essential to consider the defendants’ insurance coverage, such as general liability, excess liability, or bankruptcy trust funds, which may affect the timing and amount of payouts.

The negotiation skills and experience of the mesothelioma attorney

Your mesothelioma attorney plays a critical role in securing a fair and just settlement amount for your case. A skilled and knowledgeable lawyer can effectively negotiate with defendants and their insurers, anticipate and overcome legal obstacles, and advocate for your rights and interests both in and out of court.

What Is the Average Settlement Amount for Mesothelioma Lawsuits?

It’s crucial to note that every mesothelioma case is unique and may result in different settlement amounts based on the factors we mentioned above. Moreover, settlement amounts can vary widely, ranging from thousands of dollars to millions of dollars. However, we can provide some general insights based on available data and expert analysis.

According to Rand Corporation:

25th percentile Median 75th percentile
$1 million $1.4 million $2.3 million

A 2010 study by the Rand Corporation, a nonprofit research organization, analyzed mesothelioma settlements and verdicts from 1980 to 2002 and found the median settlement amount to be $1.4 million. The 25th percentile was $1 million, and the 75th percentile was $2.3 million, indicating a wide distribution of settlement amounts. However, the study noted that the actual median may be higher due to underreporting and variability in data sources.

According to Kazan Law:

Kazan Law, a leading mesothelioma law firm in California, has reported that its average settlement amount for mesothelioma cases is $1 million to $1.4 million. However, Kazan Law notes that the actual amount may vary depending on individual circumstances and that past results do not guarantee future outcomes.

According to Trial Verdicts:

Trial verdicts, or mesothelioma cases that went to trial and resulted in a jury verdict, can also provide insights into the range and trends of compensation payouts. However, it’s important to note that jury verdicts are subject to appeals and retrials, and they may not accurately reflect the settlement amounts that mesothelioma plaintiffs receive.

According to the latest data from Mealey’s Litigation Report, a legal news and analysis source, the average verdict award for mesothelioma cases that went to trial in 2019 was $2.6 million. However, the median verdict award was $1.4 million, indicating a similar distribution as the Rand study. Additionally, the data showed that the highest verdict award for a mesothelioma case was $25 million, while the lowest was $500,000.

Frequently Asked Questions about Average Settlement for Mesothelioma Lawsuits

What is the statute of limitations for filing a mesothelioma lawsuit?

The statute of limitations refers to the time limit in which a plaintiff must file a lawsuit. It varies by state and type of claim, but typically ranges from one to six years from the date of diagnosis or discovery of the illness. However, some states have exceptions or tolled periods for mesothelioma cases due to the long latency period. It’s crucial to consult with an attorney to determine the applicable statute of limitations for your case.

Can I still file a mesothelioma lawsuit if the company responsible for my asbestos exposure went bankrupt?

Yes, you may still have legal options even if the responsible company filed for bankruptcy. Many asbestos manufacturers and suppliers have established trust funds, which are financial reserves set up to compensate mesothelioma victims while shielding the company’s assets from further liability. Additionally, your attorney can help you identify other potentially liable parties or pursue claims under other legal theories, such as premises liability or negligence.

How long does it take to settle a mesothelioma lawsuit?

The timeline for mesothelioma lawsuits can vary depending on numerous factors, such as the complexity of the case, the number of defendants, the venue of the lawsuit, and the willingness to negotiate. Some cases may settle within months, while others may take years to reach a resolution. It’s crucial to work with an attorney who can provide you with realistic expectations and a proactive strategy.

What documents and evidence do I need to prepare for a mesothelioma lawsuit?

To file a mesothelioma lawsuit, you need to provide your attorney with various documents and evidence that can support your case and establish liability, such as:

  • Medical records and diagnosis
  • Employment history and work records
  • Product information and testing
  • Witness statements and depositions
  • Other relevant documents, such as insurance policies, bankruptcy filings, and settlement agreements.

Do I have to go to court for a mesothelioma lawsuit?

Not necessarily. Many mesothelioma cases settle out of court, either through direct negotiation or alternative dispute resolution methods such as mediation or arbitration. However, if a fair settlement cannot be reached, your case may proceed to trial, where a judge or jury will hear and decide the evidence and award compensation.

How much does it cost to hire a mesothelioma attorney?

Most reputable mesothelioma attorneys work on a contingency fee basis, meaning they only get paid if you receive a settlement or verdict. Typically, contingency fees range from 25% to 40% of the total compensation amount, depending on the complexity of the case and the attorney’s experience and credentials. However, you should discuss and confirm the fee arrangement with your attorney before signing any agreement.

Can I file a mesothelioma lawsuit on behalf of a deceased family member?

Yes, you may file a wrongful death lawsuit on behalf of your deceased family member if their mesothelioma was caused by someone else’s wrongful act or negligence. The rules and procedures regarding wrongful death claims vary by state, but generally, you need to show that you are a legal representative or beneficiary of the deceased and that you suffered damages due to their death, such as loss of financial support, emotional distress, or funeral expenses.

Can I still file a mesothelioma lawsuit if I am receiving workers’ compensation or other benefits?

Yes, you may still have a legal claim for mesothelioma compensation even if you are receiving workers’ compensation or other benefits, such as Social Security Disability Insurance (SSDI) or Veterans Affairs (VA) benefits. However, some benefits may affect the amount or timing of your settlement or verdict, and there may be legal and practical issues to consider when coordinating different claims. It’s crucial to discuss your options with an attorney who has experience in both workers’ compensation and mesothelioma cases.

Can I negotiate the settlement amount for a mesothelioma lawsuit?

Yes, you or your attorney can negotiate the settlement amount with the defendants or their insurers during the legal process. Settlement negotiations can happen directly, through mediation, or via a court-appointed settlement conference. The goal of negotiation is to reach a fair and reasonable compensation amount that reflects your actual damages and costs. However, it’s crucial to balance the desire for a speedy resolution with the need for a thorough and just settlement.

What should I do if I have been diagnosed with mesothelioma?

If you have been diagnosed with mesothelioma, your first priority should be to seek medical treatment and care. Mesothelioma can be a challenging illness to treat, and early detection and intervention can improve your chances of survival and quality of life. At the same time, you should also consult with a mesothelioma attorney who can evaluate your legal options and advise you on the best course of action. Acting quickly can help preserve important evidence and maximize your compensation potential.

How can I find a qualified mesothelioma attorney?

Finding the right mesothelioma attorney can be a crucial factor in your legal success and emotional well-being. You should look for an attorney who has experience, expertise, and empathy in mesothelioma cases and who can communicate with you clearly and regularly. Some ways to find a qualified mesothelioma attorney include:

  • Ask for referrals from trusted friends, family, or medical professionals.
  • Use online directories, such as the National Trial Lawyers or Super Lawyers.
  • Check the attorney’s credentials and track record through their websites, bar association profiles, or legal directories.
  • Schedule a consultation or interview with the attorney to discuss your case and concerns.

Conclusion: Take Action and Seek Justice for Mesothelioma

We hope this article has provided you with a comprehensive and informative guide on average settlement for mesothelioma lawsuits. Remember that pursuing legal recourse for mesothelioma can be a challenging but essential step to ensure you receive the compensation and accountability you deserve. If you have further questions or concerns, don’t hesitate to seek help from a trusted mesothelioma attorney. Together, we can fight against asbestos exposure and mesothelioma and work towards a safer and fairer future.

Take Action Now: Contact Us to Discuss Your Mesothelioma Legal Options

Disclaimer: This article is for informational and educational purposes only and does not constitute legal advice or a lawyer-client relationship. Please consult with a qualified mesothelioma attorney for specific legal advice on your case.