Mesothelioma settlements, which compensate victims of asbestos exposure, typically average between $1 million and $1.4 million, with some cases resulting in much higher payouts.
Here’s a more detailed breakdown of mesothelioma settlements:
Average Settlement Amounts:
- General Range:Mesothelioma settlements often fall between $1 million and $1.4 million.
- Trial Verdicts:If a case goes to trial, the average verdict amount can be significantly higher, ranging from $5 million to $11.4 million.
- Notable Payouts:Some cases have resulted in settlements or verdicts exceeding tens of millions of dollars.
- Examples of Settlements:
- $250 million for a steel worker with pleural mesothelioma.
- $60 million for a Navy veteran with pleural mesothelioma.
- $43 million awarded to a woman over exposure to asbestos fire doors.
- $36.7 million verdict for a mesothelioma victim in Louisiana.
- Settlement vs. Trial:Most mesothelioma cases are resolved through settlements, avoiding the time and expense of a trial.
Factors Affecting Settlement Amounts:
- Severity of Illness:The stage and progression of mesothelioma can influence the settlement amount.
- Asbestos Exposure History:The extent and duration of asbestos exposure play a crucial role in determining liability and compensation.
- Company Liability:Identifying the companies responsible for asbestos exposure is essential for pursuing a claim.
- Medical Expenses:Settlement amounts can cover medical expenses, lost wages, and other damages related to the illness.
Steps to Pursue a Mesothelioma Settlement:
Legal Representation: Consult with an experienced mesothelioma lawyer to navigate the legal process and maximize compensation.
Diagnosis and Exposure History: Obtain a mesothelioma diagnosis and determine the victim’s history of asbestos exposure.
Identify Responsible Parties: Identify the companies responsible for asbestos exposure.
Filing a Claim: File a claim with the appropriate legal authorities.
Gather Evidence: Gather evidence to prove the companies’ liability.
Negotiate a Settlement: Negotiate a settlement with the responsible parties.
