The Mesothelioma Lawsuit Amount: Understanding the Compensation Process

👉 Introduction

Greetings to all our readers! Thank you for taking the time to visit our website to learn about mesothelioma lawsuit amount. We understand the challenges that come with being diagnosed with mesothelioma and how overwhelming it can be to navigate through the legal process of securing compensation for damages caused by asbestos exposure.

In this article, we will provide an in-depth explanation of the mesothelioma lawsuit amount and what it entails. We will cover everything from what mesothelioma is, how it is caused, who is at risk, to the compensation process and the average settlement amount for mesothelioma cases.

This article is designed to help you understand mesothelioma lawsuit amounts in a comprehensive manner, so you can make informed decisions about your compensation process. We hope you find this article informative and helpful in your journey to secure fair compensation.

👉 What is Mesothelioma?

Mesothelioma is a type of cancer that develops in the lining of the lungs, chest, abdomen, and heart. It is caused by exposure to asbestos fibers, which can be inhaled or ingested and lead to cancerous growth in the body.

Asbestos is a naturally occurring mineral that was widely used in the construction, automotive, and shipbuilding industries in the United States from the 1930s through the 1970s. While the use of asbestos has decreased over the years, it is still present in many buildings constructed before 1980 and can still be found in some products today.

People who worked in industries that used asbestos or who lived with someone who worked in those industries are at risk of developing mesothelioma. Symptoms of mesothelioma can take years, even decades to appear, making it difficult to diagnose.

👉 The Compensation Process

When a person is diagnosed with mesothelioma, they may have the right to file a lawsuit against the companies responsible for their exposure to asbestos. This lawsuit seeks to recover damages for medical expenses, pain and suffering, and other losses associated with the disease. The compensation process can be complex and time-consuming, but it can result in a significant financial award.

The compensation amount for mesothelioma lawsuits can vary widely depending on a number of factors, such as the severity of the disease, the extent of the exposure, and the economic damages incurred. There are generally two types of compensation available: settlements and verdicts.

Settlements

A settlement is a negotiated agreement between the parties involved in the lawsuit. Settlements are reached outside of court and are often preferred by both parties because they can save time and money. In a settlement, the defendant agrees to pay a certain amount of money to the plaintiff in exchange for dropping the lawsuit.

The amount of the settlement is determined by a number of factors, such as the plaintiff’s medical expenses, lost income, and pain and suffering. Settlements can range from tens of thousands of dollars to millions of dollars, depending on the circumstances of the case.

Verdicts

If a settlement cannot be reached, the case will go to trial, and a verdict will be rendered by a judge or jury. Verdicts are often more significant than settlements but can be riskier because the outcome is uncertain.

Verdicts can also be appealed, which can prolong the process and add additional expenses. However, if a verdict is reached in favor of the plaintiff, the amount of compensation can be significant, sometimes reaching into the millions of dollars.

👉 Average Mesothelioma Lawsuit Amount

The average mesothelioma lawsuit amount varies widely depending on the specific case. According to a 2019 report by Mealey’s Litigation Report, the average mesothelioma settlement in 2018 was $1.86 million, while the average verdict was $2.38 million.

It’s important to note that these figures are averages and may not reflect the compensation that a plaintiff can expect to receive in a specific case. The amount of compensation that a plaintiff can receive will depend on several factors, including the severity of their illness, the extent of their exposure, and the economic damages incurred.

👉 Mesothelioma Lawsuit Amount Table

Year Settlement Amount Verdict Amount
2015 $1.5 million $3.5 million
2016 $1.7 million $2.8 million
2017 $1.8 million $2.6 million
2018 $1.86 million $2.38 million
2019 $2 million $3.5 million

👉 Frequently Asked Questions

1. What are the symptoms of mesothelioma?

The most common symptoms of mesothelioma include difficulty breathing, chest pain, and coughing. Other symptoms may include fatigue, muscle weakness, and weight loss.

2. Who is at risk for mesothelioma?

People who worked in industries that used asbestos or who lived with someone who worked in those industries are at risk of developing mesothelioma.

3. Can I file a lawsuit for mesothelioma?

If you have been diagnosed with mesothelioma, you may have the right to file a lawsuit against the companies responsible for your exposure to asbestos.

4. What damages can be recovered in a mesothelioma lawsuit?

You may be able to recover damages for medical expenses, pain and suffering, and other losses associated with the disease.

5. Can I still file a lawsuit if the company responsible for my exposure is no longer in business?

Yes, you may still be able to file a lawsuit if the company responsible for your exposure is no longer in business. An experienced mesothelioma lawyer can help you identify other responsible parties and pursue compensation from them.

6. How long does it take to receive compensation for a mesothelioma lawsuit?

The time it takes to receive compensation for a mesothelioma lawsuit can vary widely depending on several factors, such as the complexity of the case and whether a settlement or verdict is reached. It can take several months to several years to receive compensation.

7. How much does it cost to hire a mesothelioma lawyer?

Mesothelioma lawyers typically work on a contingency fee basis, which means they only get paid if you receive compensation. The fee is usually a percentage of the compensation amount.

8. How do I choose a mesothelioma lawyer?

When choosing a mesothelioma lawyer, it’s important to choose someone with experience handling mesothelioma cases, a strong track record of success, and good communication skills.

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

The statute of limitations for filing a mesothelioma lawsuit varies by state but is typically 2-3 years from the date of diagnosis.

10. Can I file a lawsuit on behalf of a loved one who has died from mesothelioma?

Yes, you may be able to file a wrongful death lawsuit on behalf of a loved one who has died from mesothelioma.

11. Can I still file a lawsuit if I was exposed to asbestos many years ago?

Yes, you may still be able to file a lawsuit if you were exposed to asbestos many years ago. However, it’s important to act quickly because there is a statute of limitations for filing a lawsuit.

12. How do I know if I have a strong case?

An experienced mesothelioma lawyer can evaluate your case and determine if you have a strong case for pursuing compensation.

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

If you have been diagnosed with mesothelioma, you should seek medical treatment immediately and contact an experienced mesothelioma lawyer to discuss your legal options.

👉 Conclusion

In conclusion, mesothelioma lawsuit amount is a complex process that requires legal expertise, patience, and perseverance. The compensation amount for mesothelioma lawsuits can vary widely depending on several factors, such as the severity of the disease, the extent of the exposure, and the economic damages incurred.

If you or a loved one has been diagnosed with mesothelioma, it’s important to seek medical treatment immediately and contact an experienced mesothelioma lawyer to discuss your legal options. While the compensation process can be challenging, it can result in a significant financial award that can help cover medical expenses, lost income, and other damages incurred.

Thank you for taking the time to read this article. We hope you found it informative and helpful. If you have any questions or need assistance with your mesothelioma compensation process, please do not hesitate to contact us.

👉 Disclaimer

The information provided in this article is for general informational purposes only and should not be construed as legal advice. The content of this article is not intended to be a substitute for professional legal advice, diagnosis, or treatment. Always seek the advice of your attorney or other qualified legal professionals with any questions you may have regarding your legal options.