Sokolove Law helps victims and families affected by asbestos-related diseases seek justice through mesothelioma settlements or verdicts. Both are potential ways that victims and their families can receive compensation to help cover costs associated with the disease and hold manufacturers of asbestos-containing products accountable.
Mesothelioma Lawsuit Settlements and Verdicts
After diagnosis, a mesothelioma victim can pursue justice and financial compensation through a settlement or a verdict. These outcomes are the result of filing a mesothelioma lawsuit.
Sokolove Law, a mesothelioma law firm that specializes in asbestos-related cases, can help file a lawsuit against negligent manufacturers of asbestos-containing products. We have helped victims of mesothelioma and their families file lawsuits for over 40 years. Our firm has helped thousands of deserving families receive over $4.5 Billion.
What Determines a Settlement or Verdict Amount?
Mesothelioma settlements and verdicts may provide you with varying compensation amounts, however, settlements guarantee compensation, while verdicts introduce a great deal of risk.
Factors that may determine settlement or verdict amounts include:
- Cost of past and future medical treatments
- Past and future money lost due to inability to work
- State where the claim is filed
- Strength of proof showing defendants’ liability
- The medical history of patient
- The number of companies involved in the lawsuit
- Travel costs associated with medical treatments
- Victim’s work and exposure history
- Which and how many defendants were identified
- Amount of exposure
- Strength of evidence
- How successful your attorney has historically been
Most mesothelioma lawsuits settle instead of being tried before a jury. In fact, over 99% of these cases never see the inside of a courtroom. In the rare instances when a case does reach the court, Sokolove Law is fully prepared to take on your case and go to trial for you.
Average Settlement and Verdict Amounts
One of the most common questions people ask during these initial phases is: What is the average mesothelioma settlement amount?
Average mesothelioma settlements have historically been valued at $1 Million to $1.4 Million. Cases can always be worth more or less than this, and much hinges on the individual details of a particular case.
An average verdict amount is $2.4 Million. As with settlements, this figure can only serve as a ball-park reference. A given case’s verdict amount will vary based largely on the strength of the evidence supplied during a trial.
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Should I Settle or Go to Court?
After a mesothelioma complaint has been officially filed against the asbestos-containing product manufacturer (the defendant), they have a limited amount of time to reply.
Typically, the defendant will reject the claim, and both sides will undergo what’s known as the discovery phase. In this phase, the lawyers for both the defendant and the mesothelioma victim (the plaintiff) will provide evidence and counter-evidence to prove or disprove liability.
During this time, you may wonder: Is it better to accept a settlement, if one is offered, or to take the case to court? The answer to this question will vary from person to person, but given the risk of a trial and the potential for a drawn-out process, many people agree to a settlement.
Still, a number of variables will factor into a person’s decision to accept a settlement or seek a trial outcome.
With mesothelioma verdicts, the claims process can be much longer — often stretching a year or even into several years.
Additionally, with a mesothelioma verdict, the jury’s decision may not be legally binding. This means a defendant — in this case, the asbestos-containing product manufacturer — can appeal a verdict and ask for a new trial. Sokolove Law takes this into consideration when choosing the place to file your claim.
Because Sokolove Law has had over 40 years’ worth of experience within this specific area of the law, we will help each individual make the best decision for them and their family.
Notable Sokolove Law Mesothelioma Settlements
Sokolove Law has secured over $4.5 Billion in compensation for victims of asbestos exposure and their families. Read more about a few of our notable settlements below.
$40 Million Settlement for U.S. Navy Veteran
A New York jury awarded a $40.1 Million verdict to a U.S. Navy veteran who was diagnosed with mesothelioma after being exposed to asbestos-containing gaskets made by Goodyear while working as a boiler tender and fireman aboard seven ships during the Vietnam and Korean wars.
$10.5 Million Settlement for Pipefitter
This $10.5 Million settlement involved many different companies, all of whom contributed to this pipefitter’s exposure to asbestos.
The man developed mesothelioma after being exposed to asbestos-containing products as a boy, and later, while working as a pipefitter and maintenance man in refineries and foundries.
$6.5 Million Settlement for Manual Laborer
The manual laborer who received this $6.5 Million settlement worked as a gas station attendant, boilermaker, maintenance worker, assembler, and steelworker.
Over 140 companies were named in this lawsuit, including the man’s employers who did not use good safety practices or alternatives to asbestos.
Why Sokolove Law 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 those fighting against the rich and powerful.
The goal of Jim Sokolove was to make the legal system more accessible to those who have been wronged by corporate negligence, and these founding principles hold true to this day. We work hard to ensure all clients have equal access to the court system, regardless of their background.
Because we work on what is known as a contingency basis, you do not have to pay anything to file a mesothelioma claim with us.
Only when a case is successful — meaning it has reached a settlement or verdict — does our firm collect a fee. If a case is not awarded compensation, our firm does not collect any fee.
Working this way aligns both the client’s and the firm’s goals so that reaching a favorable settlement or verdict is the main focus of any case.
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Should You Seek a Settlement or Verdict?
Whether you choose to pursue a settlement or a trial verdict, Sokolove Law will back you 100%.
Mesothelioma and other asbestos-related diseases are never the fault of the person who has been diagnosed. Manufacturers of asbestos-containing products concealed their knowledge of asbestos’ danger for decades, knowingly exposing their workers and the public to a lethal carcinogen.
Sokolove Law has worked for over 40 years, honing our skills and fine-tuning our knowledge in this specific area of law. In that time, we have helped secure over $4.5 Billion for thousands of individuals harmed by asbestos.
If you have been diagnosed with mesothelioma or an asbestos-related disease, you may be eligible to receive compensation through a settlement or verdict.
Let us determine if you are eligible for compensation — start a free case review now.