Families affected by asbestos-related diseases like mesothelioma deserve to seek justice. Fortunately, there are options available. Affected families can file a lawsuit against asbestos companies or pursue a compensation through an asbestos trust fund. When a case goes to trial, the outcome is called a “verdict.” However, 95% of mesothelioma cases reach a “settlement,” or agreement by both parties, before ever making it to court.
Mesothelioma Lawsuit Verdicts & Settlements
When you a mesothelioma law firm, case managers will gather information about you. They will confirm if you have been diagnosed with mesothelioma, asbestosis, or asbestos lung cancer.
From there, a firm representative will visit you at your home. They will want to know more about your working background and history of asbestos exposure. This meeting is set up at your convenience.
If a law firm is able to help you, they will begin the claim-filing process. A lawsuit is then filed against the company (or companies) responsible for the patient’s asbestos-related disease.
In some cases, these lawsuits can eventually wind up in court. In this case, a jury or a judge will render a verdict, either awarding “damages” to the client in the form of compensation or not.
Most of the time, however, mesothelioma cases do not make it to trial. This is true in 95% of all mesothelioma cases. When a settlement is reached, the defendants will pay a mesothelioma victim outright, instead of spending months — or potentially even years — defending a case in court. Settlements can also be reached through what is known as an “asbestos bankruptcy trust fund.”
Manufacturers of asbestos-containing products and insurance companies were facing a large number of lawsuits for knowingly exposing past employees (and possibly the public) to asbestos. Many filed for bankruptcy to avoid paying victims. However, courts ordered these companies to set up bankruptcy trust funds to pay future victims.
An estimated $30 Billion has been set aside in court-ordered asbestos bankruptcy trust funds. These funds can help those with mesothelioma, or other asbestos-related diseases, cover their medical and living expenses. With the help of experienced lawyers, you may be able to seek compensation from these funds.
What Factors into a Verdict or Settlement Amount?
How much you will receive through a verdict or settlement depends largely on the strength of your case. In mesothelioma lawsuits, your cancer must be linked back to the alleged negligence of a company. If the proof is very strong, then a verdict or settlement may be higher. This is not the only factor, however.
Verdict and settlement amounts also rely heavily on other considerations, such as:
- Confirmed medical diagnosis of mesothelioma or another asbestos-related disease
- Type, amount, and length of exposure to asbestos
- Size and amount of companies responsible for asbestos exposure
- Proof of a defendant’s negligence
- Total cost of a patient’s medical bills to treat the disease
- Potential earnings/wages lost due to illness
- Location of claim filing (state, county, etc.)
These factors, among others, greatly affect the value of a case. By working with experienced mesothelioma attorneys, potential clients can get a better idea of how much their case may be worth.
That said, it is also important to note that every case is different. Prior results do not guarantee a similar outcome for every case. The amount that is recovered varies from client to client, depending on the factors in each case.
Verdicts typically award clients with higher payouts than settlements. However, many mesothelioma cases are settled before going to court. An experienced lawyer can determine what is best for your case.
Helping People Just Like You
Sokolove Law was founded over 40 years ago to stand up to companies that knowingly harmed innocent workers.
To this end, Sokolove has helped over 6,000 families across the U.S. recover over $4.4 Billion in compensation for mesothelioma and other asbestos-related diseases.
With our decades of experience in litigating asbestos cases, we can use our vast resources, documentation, and nationwide reach to maximize the value of any given case.
Below, we have listed a few of the settlements we have earned for clients in the last few years.
Manual Laborer Receives $6.5 Million Settlement
A man developed mesothelioma after working as a gas station attendant, boilermaker, maintenance worker, assembler and steelworker. He filed a lawsuit claiming his employers did not use good practices or alternatives to asbestos. Over 140 corporations were named in the lawsuit. The victim and his family received a settlement of $6.5 Million.
Navy Veteran Awarded $40 Million Settlement
A New York jury awarded a $40.1 Million verdict to a U.S. Navy veteran who was diagnosed with mesothelioma. He was exposed to asbestos through gaskets made by Goodyear while working as a boiler tender and fireman during the Korean and Vietnam Wars.
Welder Secured $6.8 Million Settlement
A New York jury trial resulted in a $4.8 Million verdict for a welder. Soon after, a judge approved a request from our team to increase the amount to $6.8 million. This was the first time in New York asbestos legal history that a jury’s award was judicially increased.
Pipefitter Receives $10.5 Million Settlement
A man received a total of $10.5 Million from many companies after he was diagnosed with mesothelioma. He had been exposed to asbestos-containing products at a young age. Most notably, he was exposed while working as a pipefitter and maintenance man in refineries and foundries.
U.S. Navy Veteran and Mechanic Receives $5.5 Million Settlement
A U.S. Navy veteran worked for 3 decades as an auto mechanic and demolition laborer before going on disability as a result of mesothelioma. He received a settlement of $5.5 Million.
Why Our Mesothelioma Law Firm Works on a Contingency Basis
In 1979, when Jim Sokolove founded Sokolove Law, he dedicated his firm to helping men, women, and children in need. He focused on people who were often overlooked by the U.S. court system, especially for those fighting against the rich and powerful. His goal was to make the legal system more accessible to those who have been wronged by corporate negligence.
Jim’s founding principles hold true to this day. We work for anyone, regardless of their background. To help our clients access the court system, we work on what is known as a “contingency basis.”
When a law firm works on a contingency basis, it means that they work at no upfront cost to you. You do not have to pay anything to file a legal claim with us. Only when a case is successful – meaning it has been reached a verdict or settlement – does our firm collect a fee. If a case is unsuccessful and is not awarded compensation, our firm does not collect any fee whatsoever.
Working this way aligns both the client’s and the firm’s goals so that reaching a favorable verdict or settlement is the main focus of any case.
You Deserve Justice for Your Mesothelioma Diagnosis
Developing mesothelioma was not your fault. The fault lies squarely on the companies that knew the dangers of asbestos but kept using it.
A successful verdict or settlement not only helps those affected by mesothelioma with financial aid. It also brings justice to the companies that put profits before the well-being and safety of the public.
If you have been affected by mesothelioma or another asbestos-related disease, you deserve justice. It is in your best interest to choose a law firm that can secure the most compensation for you. Sokolove Law has helped over 6,000 people pursue justice for the wrongs done to them.
Sokolove Law case managers can answer questions you may have about filing a mesothelioma lawsuit. Do not wait — request a free legal case review today.