In light of news that settlements have been reached in three recent lawsuits filed by mesothelioma victims against Johnson & Johnson, many of those diagnosed with the rare and fatal asbestos-related disease have questions about what a settlement is, how it is reached, and whether it is something that makes sense for them.
When a person is diagnosed with malignant mesothelioma, they are faced with numerous important questions. The most important are those having to do with their health: decisions need to be made about treatment, specialists’ appointments need to be made, family members need to be notified and all efforts are directed at ensuring that the patient gets the best care possible. But once these arrangements have been made, there are legal questions that need to be answered. Because mesothelioma is caused by exposure to asbestos, a determination needs to be made as to where the exposure took place, who is at fault, and whether to pursue justice.
An attorney representing a mesothelioma patient will compile evidence about asbestos company liability in preparation for their lawsuit. Though the attorney should always be prepared to tell the victim’s story to a judge and jury, they will also discuss the possibility of a settlement out of court with the victim. Though victims may be compelled to tell their story, agreeing to a settlement has numerous advantages. It provides significant compensation with which the mesothelioma patient can pay for their medical expenses and ensure that their family will be economically secure, while avoiding the physical and emotional toll that preparing for trial can exact.
A mesothelioma settlement is generally kept strictly between the victim and the asbestos company. Though verdicts generally provide higher compensation than settlements do, there is always the chance that the mesothelioma victim will lose at trial, leaving them with no compensation after having spent tremendous psychic energy and time. an experienced mesothelioma attorney will be able to provide you with a good sense of what kind of compensation you can expect from a settlement: the average mesothelioma settlement usually falls between $1 million and $1.4 million, while jury trials end up being valued at approximately twice that
A mesothelioma settlement can provide you with financial satisfaction and more time to spend with family members in the time that you have left. For more information about the options available to you, contact us at 1-800-966-2244.