Mesothelioma Lawsuit Settlement Amounts: What You Need to Know

As an asbestos-related disease, mesothelioma can be a painful and expensive health condition that can negatively impact your life. If you or a loved one has been diagnosed with mesothelioma, you may be entitled to compensation from those responsible for the condition. In this article, we will provide you with detailed information about mesothelioma lawsuit settlement amounts, giving you an overview of what to expect from a legal perspective. We will discuss how you can file a lawsuit to get compensation and the potential compensation amounts that may be available to you.

The Basics of Mesothelioma Lawsuit Settlements

If you have developed mesothelioma due to exposure to asbestos, you may have the option of filing a lawsuit against those responsible for the condition. By doing so, you may be able to receive a settlement to help cover expenses related to the condition, such as medical bills, lost wages, and pain and suffering. A settlement is an agreement between both parties, and it is typically reached before the case goes to trial. If the case goes to trial, a judge or jury will decide on the amount of compensation you will receive.

How is Mesothelioma Settlement Amount Calculated?

The amount of a mesothelioma lawsuit settlement depends on several factors, including the severity of the disease, the length of exposure to asbestos, and the damages suffered by the victim. Settlements for mesothelioma cases typically fall in the range of $1 million to $2.4 million. However, some cases, especially those that go to trial, may result in higher compensation.

What are the Factors That Influence Mesothelioma Settlement Amounts?

The amount of the settlement can be influenced by various factors, which include:

Factors That Influence Mesothelioma Settlement Amounts
The severity of the disease
The length of exposure to asbestos
The age of the victim
The number of defendants involved in the case
The location where the case is brought to court
The type of defendant involved (company, government, etc.)
The evidence presented in court

Is it Possible to get a Mesothelioma Lawsuit Settlement without Going to Trial?

Yes. In most cases, a mesothelioma lawsuit will settle before it reaches court. Settlements are often more beneficial for both parties as it saves time and the costs that come with a trial. Lawyers of both sides often agree to a settlement figure that is acceptable to both sides.

What are the Different Types of Mesothelioma Lawsuit Settlements?

There are three types of mesothelioma lawsuit settlements:

1. Average Mesothelioma Settlement

This is the most common mesothelioma lawsuit settlement that ranges from $1 million to $1.4 million. This amount is typically awarded to victims with a history of asbestos exposure and a confirmed diagnosis of mesothelioma. The settlement is also given to the family of the victim in cases where the victim has already passed away.

2. High-Value Mesothelioma Settlement

This type of settlement typically ranges from $1.4 million to $2.4 million, and it is usually reserved for victims who have demonstrated significant financial losses due to the disease or who have suffered from severe pain and suffering.

3. Trial Verdicts

If the case goes to trial and the victim is successful, the compensation amount awarded to the victim can range from $2.4 million to $4 million or even more. The actual amount of the award will depend on the severity of the damages caused and the conduct of the defendant.

Frequently Asked Questions About Mesothelioma Lawsuit Settlements

1. Can I File a Mesothelioma Lawsuit If I Don’t Know How or Where I Was Exposed to Asbestos?

Yes. Even if you are not sure how or where you were exposed to asbestos, you can still file a mesothelioma lawsuit if you have been diagnosed with the disease.

2. How Much Time Do I Have to File a Mesothelioma Lawsuit?

The statute of limitations for most mesothelioma lawsuits ranges from one to five years. However, this can vary from state to state, so it is important to seek legal advice from a mesothelioma attorney.

3. What is the Process Involved in Filing a Mesothelioma Lawsuit?

The process involved in filing a mesothelioma lawsuit includes finding an experienced mesothelioma lawyer, identifying the liable parties, preparing the paperwork and necessary documents, and filing the claim in court.

4. How Long Will It Take to Receive a Mesothelioma Lawsuit Settlement?

The length of time it takes to receive a mesothelioma lawsuit settlement can vary depending on the complexity of the case. However, most settlements are typically reached within six to twelve months.

5. Can I Receive Compensation Even If I Was Not Directly Exposed to Asbestos?

Yes. If you were exposed to asbestos indirectly, such as through secondhand exposure, you may still be eligible to receive compensation.

6. What is the Average Compensation for Mesothelioma Lawsuits?

The average compensation for mesothelioma lawsuits falls between $1 million and $2.4 million, depending on the severity of the disease and other factors such as the number of defendants involved in the case.

7. Can I Receive More Compensation if My Mesothelioma Case Goes to Trial?

Yes. If your mesothelioma case goes to trial and you win, you may receive a higher amount of compensation than if you settled out of court.

8. What Are the Legal Fees for Filing a Mesothelioma Lawsuit?

Most mesothelioma attorneys work on a contingency fee, which means they only get paid if the plaintiff wins the case. The fees typically range from 25% to 40%, depending on the law firm and the state you are in. It’s important to discuss this with your attorney before filing the lawsuit.

9. Can I File a Mesothelioma Lawsuit If the Company That Exposed Me to Asbestos is No Longer in Business?

Yes. If the company that exposed you to asbestos is no longer in business, you can still file a mesothelioma lawsuit against its successor companies, insurance companies, or asbestos trusts.

10. How Do I Choose the Right Mesothelioma Lawyer?

When choosing a mesothelioma lawyer, consider their experience, qualifications, and success rate in handling mesothelioma cases. It is also important to consult with multiple attorneys before choosing one.

11. What If I Live in a Different State Than the One Where the Mesothelioma Lawsuit Will Be Filed?

If your mesothelioma lawsuit needs to be filed in a different state than where you live, your lawyer can file the lawsuit on your behalf.

12. Can I Receive Compensation for Living Expenses in Addition to Medical Expenses?

Yes. Victims of mesothelioma may be entitled to receive compensation for living expenses, such as rent, mortgage payments, and utility bills, in addition to medical expenses.

13. What If I Don’t Want to Go Through a Legal Battle?

If you do not want to go through a legal battle, you may still be able to receive compensation by filing a claim with an asbestos trust fund. Most asbestos trust funds require proof of exposure to asbestos and a mesothelioma diagnosis.

Conclusion

As you can see, mesothelioma lawsuit settlements can provide much-needed financial assistance to those who have been diagnosed with mesothelioma due to exposure to asbestos. The amount of compensation you may receive is dependent on various factors, including the severity and length of exposure to asbestos, and the damages you have suffered. Additionally, it is important to work with a qualified mesothelioma lawyer to ensure that your rights are protected and that you receive the compensation you deserve.

If you have been diagnosed with mesothelioma, do not hesitate to seek legal advice to explore your settlement options. Contact a mesothelioma lawyer today to schedule a consultation and learn more about your legal rights.

Closing Statement/Disclaimer

The information shared in this article is for educational purposes only and should not be taken as legal advice. If you have been diagnosed with mesothelioma and are considering filing a lawsuit, it is important to seek the advice of an experienced mesothelioma lawyer. This article does not constitute a lawyer-client relationship, and we are not responsible for any action taken by readers based on the information provided.