Since it involves negotiating fair compensation for the victims and their families, settling a mesothelioma lawsuit could be a complicated and complex process. But that’s the desired end of the claim filed by the submitter, even though most people are afraid of filing a mesothelioma lawsuit.
Well, the fear and hesitation to file a lawsuit are triggered by concerns about themselves not wanting to be considered negatively, as if they are chasing a big jackpot at the expense of others. Thus, filing a mesothelioma lawsuit is not about greed but about justice.
We all know that the lives of victims who suffer from mesothelioma, a deadly disease caused by exposure to asbestos, become very messy with their health conditions getting worse day by day, not to mention the medical bills they have to pay for treatment costs.
If you’re a victim of mesothelioma and happen to file a lawsuit, you need to determine the minimum settlement amount that you can receive as well as the best way to file a mesothelioma lawsuit settlement. Okay, let’s find out more information about it below!
What is the Average Mesothelioma Settlement Amount?
Since it is financial compensation for victims of asbestos exposure, mesothelioma settlements often include part of the patient’s total recovery. Basically, it also provides compensation benefits and guarantees to victims.
When it comes to the average amount of mesothelioma settlement, it can vary depending on the history of exposure, the severity of the disease, loss of income, and other factors. The compensations can be paid out within a few months of acceptance, and these are usually not taxable under federal or state laws.
According to Mealey’s Litigation Report, the average mesothelioma settlement for a victim’s recovery is between $1 million and $1.4 million. As we’ve mentioned earlier, the actual mesothelioma settlement amounts may vary from case to case.
You need to know that the time it takes to receive a mesothelioma lawsuit payout can also vary. Well, it may take anywhere from a few months to over one year, depending on the case. Additionally, if a victim hires an attorney, they can also talk to them about compensation options.
What Are the Factors That Impact Mesothelioma Settlement Amounts?
Since the condition of every mesothelioma case can vary, of course, the amount of mesothelioma settlement may also differ from one case to another. Of course, there are several factors that affect a mesothelioma settlement, including:
The company has experienced mesothelioma cases
If a company has already faced lawsuits related to mesothelioma, they may be able to resolve the case more quickly to avoid costly court decisions.
The company has historically proven to use asbestos
Companies that have been proven to have used asbestos must face greater responsibility. This may make them more likely to settle mesothelioma lawsuits filed by victims.
Medical expenses and lost wages
Usually, mesothelioma settlement offers that companies make include enough money to cover the medical bills and lost salary as a result of the victim’s mesothelioma diagnosis.
Number of companies
In fact, many victims of asbestos exposure are eligible to file a mesothelioma lawsuit against several companies. In this case, every company has the right to either offer a settlement or go to court.
The history of exposure
Workers who are exposed to asbestos in the long term can increase the company’s liability and result in a greater settlement offer because of their failure to provide health and safety to workers.
Where to file a mesothelioma lawsuit
Of course, each state will have different rules regarding how to file a mesothelioma lawsuit. Well, statutory evidence, statutory limitations, and award limitations can also all affect the amount of an asbestos settlement.
Well, those are some factors that may impact the amount of the mesothelioma lawsuit settlement. In this case, an experienced mesothelioma attorney has the ability to explain possible factors and how they may impact a victim’s case.
How is the Process of Mesothelioma Lawsuit Settlement?
A mesothelioma lawsuit is a legal claim that can be submitted by victims and family members against the companies that manufacture asbestos-containing products. They can be considered to be responsible for mesothelioma and other asbestos-related diseases like lung cancer.
Why should they be sued? That’s because many companies are really aware of and know the harm their products pose, but they extremely hide the information about it from the public. On the other hand, this can be a form of crime that indirectly harms other people’s health.
Not only the workers, but anyone is eligible to sue for mesothelioma if they received the cancer through inheritance from parents who died from asbestos exposure at the company where they worked. They could be:
- The mesothelioma cancer patient
- Their spouse or children
- Their family members
- The representative of the victim’s estate
As a result, the victims and eligible parties can seek justice and compensation from the companies that are responsible for their health issues. To file a mesothelioma lawsuit, they can do it directly or also hire an experienced attorney to help them fight for justice.
Someone can file a lawsuit only a couple of years after the diagnosis of an asbestos-related disease or the death of the victim. In every state, it may take a variable amount of time, up to 1 year at most, based on the type of claim they file and whether it results in a settlement or has to go to court.
If the companies offer a settlement, the victims can receive guaranteed compensation in exchange for ending the lawsuit against them. If necessary, they may need to hire an experienced attorney since they can negotiate settlements with companies. However, it is the victim who has the right to decide whether or not to accept the offer.
If they deny the settlement offer and prefer to go to court and win at trial, they may usually receive higher compensation than a settlement. Otherwise, they may also not receive compensation if they lose at trial.
What Are the Benefits of Receiving a Mesothelioma Settlement Offer?
Guaranteed compensation and a faster resolution for your case are the two main benefits you can get after receiving a mesothelioma lawsuit settlement offer. If you’re the victim, it can really help you pay off debts from mesothelioma treatment and also provide financial security for your future.
Filling out a mesothelioma lawsuit may lead you to achieve some goals, including:
- Receiving as much compensation as possible
- Gaining compensation quickly
- Having the opportunity to have your case heard in court
- Winning in a trial against an asbestos company
In this case, an experienced attorney may provide advice on whether accepting a settlement can help you achieve your goal or not.
Here’s a List of Mesothelioma Lawsuit Settlement Amount for Your Ideas
We have some ideas to help you determine the amounts of mesothelioma lawsuit settlements that we got from mesothelioma.com. Here they are:
| State | Disease | Occupation/ Exposure | Age | Amounts |
| CA | Mesothelioma | Plumber / Mechanic | 53 | ~$13,100,000 |
| IL | Mesothelioma | Pipefitter / Household | 61 | ~$11,900,000 |
| CA | Mesothelioma | Bystander / Army | 66 | ~$11,750,000 |
| CA | Mesothelioma | Pipefitter | 66 | ~$11,700,000 |
| MD | Mesothelioma | Hairdresser / Household | 68 | ~$11,450,000 |
| CA | Mesothelioma | Navy / Dry Wall Sprayer | 49 | ~$9,500,000 |
| PA | Mesothelioma | Household / Air Force | 53 | ~$9,350,000 |
| IL | Mesothelioma | Coast Guard / Engineer | 63 | ~$8,800,000 |
| CA | Mesothelioma | Maintenance / Construction | 56 | ~$8,650,000 |
| CA | Mesothelioma | Navy / Maintenance | 56 | ~$8,570,000 |
| CA | Mesothelioma | Household | 70 | ~$7,360,000 |
| CA | Mesothelioma | Plant Worker | 59 | ~$7,000,000 |
| NY | Mesothelioma | Navy Worker / Operating Engineer | 61 | ~$6,900,000 |
| IL | Mesothelioma | Plant Worker | 64 | ~$6,800,000 |
| CA | Mesothelioma | Carpenter | 63 | ~$6,600,000 |
| NY | Mesothelioma | Navy Worker / Machinist | 53 | ~$6,400,000 |
| CA | Mesothelioma | Navy / Plant Worker | 69 | ~$6,000,000 |
| CA | Mesothelioma | Household / Technician | 63 | ~$6,000,000 |
| NY | Mesothelioma | Navy Worker / Plumber | 67 | ~$5,875,000 |
| IL | Mesothelioma | Navy | 68 | ~$5,500,000 |
| TX | Mesothelioma | Power Plant | 71 | ~$5,300,000 |
| IL | Mesothelioma | Household | 46 | ~$5,300,000 |
| WV | Mesothelioma | Nurse Aide | 49 | ~$5,200,000 |
| CA | Mesothelioma | Lumber Yard Manager | 42 | ~$5,200,000 |
| TX | Mesothelioma | Navy / Mechanic | 68 | ~$5,000,000 |
| CA | Mesothelioma | Household | 67 | ~$4,900,000 |
| CA | Mesothelioma | Carpenter | 66 | ~$4,900,000 |
| CA | Mesothelioma | Navy / Mechanic | 60 | ~$4,800,000 |
| CA | Mesothelioma | Shipyard | 60 | ~$4,700,000 |
| IL | Mesothelioma | JM Plant Worker / Shipyard | 51 | ~$4,600,000 |
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