The potential value of your mesothelioma case is determined by multiple factors, with the most important being the asbestos-containing products you were exposed to, the extent of asbestos exposure, and the severity of the illness you developed as a result. Sokolove Law will look at your medical history, work history, military service (if any), your early family life, and more to build your asbestos case.
How Much Is a Mesothelioma Case Worth?
Mesothelioma victims commonly want to know how much money they could receive from pursuing a legal claim. The compensation amount that victims of malignant (cancerous) mesothelioma and their loved ones may receive from a settlement or trial verdict depends on several different factors.
However, families may have options for maximizing this mesothelioma case value. One of the best ways to maximize the potential value of your case is by working with Sokolove Law — an experienced mesothelioma law firm with a nationwide reach.
Sokolove Law has over 40 years of experience in handling personal injury claims. We have an office and a licensed mesothelioma attorney in nearly every state to help maximize your mesothelioma case value.
When you work with Sokolove Law, the lawyers who represent you will assess several factors when determining your mesothelioma case value.
Mesothelioma case values may depend on:
- Degree of asbestos exposure
- Proof of exposure and company negligence
- Which companies are at fault
- Costs created by your illness
- Medical bills (for mesothelioma treatments)
- Age/health of the person at the time of diagnosis
- Loss of income
- The number of dependents you have
- In which state(s) your case can be filed
- Pain and suffering
- Funeral expenses
This is not an exhaustive list, and case values may depend on other factors as well. Find out more about each of the factors that affect mesothelioma case values below.
Degree of Asbestos Exposure
The degree of asbestos exposure is a major factor in determining your mesothelioma case value.
For example, someone who handled asbestos-containing materials for years in a factory likely inhaled or ingested more asbestos fibers than someone who was exposed at a summer job one year.
However, this does not mean the latter case has no value. Even minimal exposure to asbestos could lead to serious illness and, in turn, eligibility for financial compensation.
Proof of Exposure and Company Negligence
Along with your degree of exposure, your legal team must prove that the company (or companies) in question knew or should have known the risks of asbestos and ignored them or did not warn you about them.
When building your case, Sokolove Law will gather certain information from you to help identify which products you were exposed to, the level of exposure, and the duration of the exposure.
Your work history will be most useful in determining which companies may have caused your exposure and, more specifically, which of the companies’ products or equipment you handled that contained asbestos.
Based on the information you provide, Sokolove Law will build your case in part using our proprietary database of asbestos companies, products, jobsites, and previous legal cases.
This allows us to identify the products and companies that exposed you to asbestos. We likely have already represented someone in the same occupation or at the same location as you.
Which Companies Are at Fault
Your case value may depend on which manufacturers who sold asbestos-containing products are responsible for your cancer.
Your dedicated legal team will determine the companies to pursue legal action against based on your exposure history.
Here are some important points to consider:
- Multiple Points of Exposure
If you or others around you used multiple asbestos-containing products, some or all of their manufacturers could be liable. This could increase your chances of a larger recovery.
- Military Experience
If you served in the United States military, asbestos-containing product manufacturers who sold goods to the military could be added to the suit.
- Who’s the Target of the Claim
Mesothelioma claims are made against the manufacturers of asbestos-containing products, not the U.S. military or U.S. government.
- Company Under New Management
Many companies have since been acquired by larger corporations. These new owners could also be part of the suit. Your legal team will work to establish if any company has been purchased and continue under the corporate buyer.
Medical Expenses and Economic Losses
Your mesothelioma case value is also determined by how mesothelioma impacts your finances. Diagnosing and treating mesothelioma is expensive, particularly because the disease is often hard to identify properly before it has spread.
Average Yearly Mesothelioma Treatment Cost
Growing Costs: Mesothelioma costs add up quickly. Get a free case review to start getting the help you need.
Once the cancer has been diagnosed, surgery, chemotherapy, and radiation are the standard treatments. The financial fallout from these medical expenses can often add up to over $400,000.
Medical care can be even harder to afford if someone stops working as a result of their mesothelioma diagnosis or if their loved one must now provide full-time care.
As your Sokolove Law legal team builds your case, they will factor the costs of care and any lost wages into the amount they request on your behalf.
Age of Person Affected
A mesothelioma diagnosis is fatal. Since most mesothelioma patients are diagnosed in their 60s or 70s, this deadly and rare cancer quickly robs them of being able to enjoy their well-earned retirement years. Many victims have suffered years of poor health due to the worsening damage from asbestos fibers.
In very rare cases, mesothelioma can develop in younger adults, teenagers, and even children. This can emotionally and financially destroy the affected family.
The younger you are and more affected your overall life and well-being are by your asbestos-related disease, the more your case may be worth.
Family Members and Dependents
A mesothelioma diagnosis does not just impact one person — it impacts entire families. The number of affected dependents impacts your mesothelioma case value.
If you have a spouse, children, or other legal dependents, the value of your claim can increase because they need to be provided for. While other adult, non-dependent children certainly also suffer loss, it’s not to the same extent as those family members dependent on the injured.
For those still working when diagnosed, their spouses and children lose a source of household income. This can make it hard for families to pay for the cost of living.
Whether working or not, a mesothelioma diagnosis and its symptoms prevent the family from receiving the same level of care and comfort as they did before.
Here are some additional factors that can impact your mesothelioma case value:
- Defendant Status
This involves understanding the status of the companies that exposed you to asbestos. Solvent companies can afford to pay full compensation, while some bankrupt companies were court ordered to set aside money in the form of bankruptcy trusts for future victims of asbestos exposure. These asbestos trust funds ensure that the manufacturer of asbestos-containing products is still held liable for their negligence, even if their business has since declared bankruptcy.
The national reach of Sokolove Law allows your case to be litigated in any state that the law allows, increasing its potential value. You may not be able to do this if you work with a local law firm that is limited to just the state you’re located in.
- Current Health
Your health prior to your mesothelioma diagnosis will also be taken into account to determine how severely mesothelioma has affected your quality of life and well-being.
Who Qualifies for Compensation?
You may qualify for compensation if you were exposed to asbestos at your job and were diagnosed with mesothelioma or another asbestos-related disease (like lung cancer or asbestosis) as a result.
Jobs with a high risk of asbestos exposure include:
- Demolition Workers
- HVAC Technicians
- U.S. Military Service Members
Don’t see your job on the list? That doesn’t mean your job didn’t put you at risk of asbestos exposure. You can also search our job site database for known areas of asbestos exposure to see if your workplace is listed there.
Injured from Exposure to Asbestos?
Our paralegals and patient advocates can help determine how on-the-job asbestos exposure may impact your mesothelioma case value.
Should I Settle Out of Court or Go to Trial?
Whether or not you and your legal team decide to settle out of court or go to trial depends on the facts of your case.
Factors in this decision can be:
- How much time a patient with an asbestos-related illness has left to live
- How long a mesothelioma victim or family can wait for potential compensation
- Whether or not a settlement amount — if offered — seems appropriate
- Whether or not the victim or family members want to take the case to court
- The odds of a jury siding with a victim’s mesothelioma or asbestos case
- The overall strength of the case, including the number of companies involved and the strength of the testimony and evidence collected
Sokolove Law works hard to secure the compensation you may deserve — and the overwhelming majority of the time, this is through a mesothelioma settlement.
The defendant companies know we’re prepared to try the case and that we’ve been very successful in the past. Rather than take a risk and have to pay even more, many companies will offer a settlement instead. Of course, if there’s no settlement offer, we’ll try the case in court.
However, even if we win at trial, the defendant companies could still appeal, which can delay compensation for years.
Meanwhile, a mesothelioma settlement can provide compensation in days. In fact, past clients have received compensation from their settlements in as little as 90 days.
Average Settlements for Mesothelioma Cases
Average Mesothelioma Lawsuit Settlement
The exact value of your mesothelioma case settlement cannot be determined until fully investigated. With that being said, the average settlement for a mesothelioma case is between $1 Million and $1.4 Million.
Mesothelioma case values can increase or decrease based on a host of factors, and because every case is different, previous results don’t guarantee or predict future outcomes.
Average Mesothelioma Case Verdicts
A case that goes to trial may be able to recover more money through a mesothelioma jury verdict than through a settlement. But there’s no guarantee of success when a case goes to court, especially when companies can appeal these results in court for years.
In some cases, settlements are reached after a jury verdict is rendered when liable companies decide not to appeal a mesothelioma verdict and instead opt to settle with a victim.
Have You or a Loved One Been Diagnosed with Mesothelioma?
You maybe eligible for compensation. Get the help you deserve.
Other Forms of Mesothelioma Compensation
Besides settlements and verdicts, other types of mesothelioma compensation may be available depending on the specifics of your case.
Asbestos Trust Funds
In the 1970s, when the deceit of asbestos-containing product manufacturers was discovered and a wave of mesothelioma lawsuits followed, many of these companies ran to bankruptcy courts looking to avoid paying those they had injured.
Although these companies were allowed to avoid some liability through bankruptcy — and not pay each of their asbestos victims what they deserve — they were ordered by the court to set aside money for current and future asbestos claims.
The estimated value of asbestos trust funds is around $30 Billion. Today, claimants may qualify for a portion of this money through bankruptcy trust fund payouts.
Over the last 40 years, Sokolove Law has secured over $4.8 Billion for mesothelioma victims and their families. Get a free no-obligation legal review today today to see if you may be eligible to file asbestos and mesothelioma trust fund claims.
Companies sold asbestos products to the U.S. military for decades, and as a result, it’s estimated that over 20 million American veterans have been exposed to asbestos during their service.
For veterans who were exposed to asbestos during their service and developed mesothelioma as a result, the Department of Veterans Affairs (VA) offers health care services and monthly payments.
Sokolove Law also has VA-accredited asbestos attorneys who can put you in touch with a Veteran Service Officer (VSO). Your VSO will then work with the VA and help you file your claim.
Choosing a Compensation Route
Each mesothelioma compensation option has different eligibility requirements. It’s a good idea to discuss your legal options with a mesothelioma law firm like Sokolove Law to avoid any missteps that could reduce your compensation.
Sokolove Law won’t just go over all of your available options — we’ll also help you identify the best route toward maximizing the potential value of your mesothelioma case.
Find Out What Your Case Is Worth
Sokolove Law was founded over 40 years ago to stand up to companies that knowingly harmed innocent workers to maximize their earnings.
Our experienced mesothelioma lawyers have helped thousands of families recover over $4.8 Billion in compensation for asbestos-related diseases.
To help right the wrongs these companies caused, contact Sokolove Law today for a completely free, no-obligation legal case review. One of our dedicated team members will listen with care to the facts and help you determine whether or not you have a case.
Get your free case review today to get a better idea of what your legal options are and what your case may be worth.
Mesothelioma Case FAQs
Is there a statute of limitations on mesothelioma cases?
The statute of limitations is how long you have to take legal action over a wrongdoing. Once the statute of limitations for your case passes, you can’t press charges at all — ever.
For asbestos cases, the statute of limitations varies according to individual state laws. If you’ve been diagnosed with mesothelioma or another asbestos-related disease, you need to act fast after your diagnosis.
Get a free case evaluation today to see what options may still be available to you.
How long does a mesothelioma case take?
There’s no easy way to predict how long a mesothelioma case may take, since a variety of different factors can influence the timeline of any case involving asbestos litigation.
With that being said, some of our past clients have started to receive payouts from their cases in as few as 90 days.
How much will I get from a mesothelioma case?
Figuring out exactly how much your mesothelioma case is worth isn’t as easy as you’d think. Every case is different, and a number of variables are taken into account in a mesothelioma asbestos case.
To get a better idea of what your case may be worth, you should first see if you have a case. Get a free legal review today to see what legal options may be available to you.
What is the average settlement for a mesothelioma case?
There’s no easy way to predict the settlement results for future mesothelioma cases. Past results don’t guarantee future results, and many factors affect how much a case may be worth. However, the average settlement for a mesothelioma case is between $1 Million and $1.4 Million.
What is the mesothelioma case filing process?
While every mesothelioma case is different, they follow the same general case process, which includes:
- Preparation: Your legal team builds your case and gathers evidence of asbestos exposure, using your work history, medical history, our warehouse of evidence, and more.
- Complaint Filing: Your legal team will file a complaint on your behalf against the asbestos-product manufacturer while continuing to build supporting evidence for the asbestos lawsuit.
- Discovery: During the discovery phase, attorneys present their evidence and investigate the facts of the case, gathering more information when needed.
- Negotiations: The company responsible for your asbestos exposure can make a settlement offer. This typically allows the asbestos victim to start receiving compensation faster and without the additional hassle of a court case. If a settlement offer doesn’t seem fair, however, you can reject it, and the case will proceed to trial.
- Trial: If your case isn’t settled, it will go to court to be tried in front of a judge and jury. This step often takes longer than reaching a settlement, and the defendant can potentially appeal any jury verdict, making your case take even longer. It’s fairly rare for a mesothelioma case to go to trial though; most cases result in settlements.