You may find it difficult to gauge the potential value of your personal injury claim without having an attorney look at the facts of your case first. In this blog, we’ll provide you with some of our past personal injury settlement amounts, examples of our past wrongful death settlement amounts, and a breakdown of what factors can influence the value of your potential claim.
At Lipton Law in Southfield, Michigan, we’re committed to helping you understand your options and pursue the justice you deserve. While no two cases are exactly alike, looking at past personal injury settlement amount examples can provide insight into what you might expect.
If you or a loved one has suffered serious injuries as a result of another person’s negligence, contact the Michigan personal injury lawyers at Lipton Law today. We’re experienced at handling a variety of personal injury claims and can help ensure you have the best chance at receiving the financial compensation you deserve.
Call (248) 557-1688 to discuss your potential personal injury lawsuit with a qualified professional today.
Lipton Law’s Personal Injury Settlement Amounts in Michigan
Since there’s really no such thing as an “average” personal injury settlement amount, it’s hard to provide clients with average settlement amounts that they can use to gauge the potential worth of their own claims. However, with our long history of successful verdicts and settlements, we can provide prospective clients with examples of past personal injury cases and the amounts that we have helped our clients secure over the years.
Medical Malpractice Settlement Amounts Examples
At Lipton Law, our medical malpractice attorneys have helped our clients negotiate settlements, including:
- $3.15 million for the medical misdiagnosis of breast cancer
- $1.9 million for a spinal cord injury as a result of medical malpractice
- $1.25 million for an unnecessary medical procedure (the settlement was subject to malpractice caps)
If you or a loved one has suffered from injuries as a result of a negligent medical provider or hospital, contact a Michigan medical malpractice lawyer at Lipton Law. We can help you seek compensation for your injuries, lost wages, emotional pain and suffering, and other damages.
Auto Accident Settlement Amounts Examples
Our Lipton Law auto accident injury attorneys have also helped victims recover compensation in various settlements, including:
- $2.75 million for a traumatic brain injury from an auto accident
- $1 million for a pedestrian who was struck by a motor vehicle (the settlement was subject to policy limits)
- $1 million for a motorcyclist who was struck by a motor vehicle (the settlement was subject to policy limits)
If you or someone you love has been in a car accident and has suffered severe injuries, a Michigan auto accident lawyer at Lipton Law can help you recover compensation for your losses. We’ll calculate the amount of compensation owed based on the victim’s injury, the amount of work missed, and any other damages suffered, in order to negotiate with insurance companies and secure favorable and fair compensation.
Wrongful Death Settlement Amounts Examples
At Lipton Law, we also handle wrongful death claims and have been able to help the family members of victims recover compensation for their losses in settlements, including:
- $5.625 million for a trucking accident resulting in death
- $2.9 million for medical malpractice resulting in death
- $1.25 million for a drunk driving crash resulting in death
If you’ve lost a loved one as a result of someone else’s negligence, you need a wrongful death attorney in Michigan to help you file a claim for compensation. We can help you negotiate a settlement and seek compensation for the emotional distress, loss of income, loss of companionship, funeral and burial costs, medical treatment prior to death, and more.
How Are Personal Injury Settlement Amounts Determined?
Personal injury settlement amounts are determined by evaluating several key factors, such as the severity of the injury, the costs of medical treatment, lost income, and the emotional impact on the victim. Each case is unique, and these factors help establish the compensation you may be entitled to receive.
Injury Severity
The severity of an injury is a key factor in determining personal injury damages. More serious injuries typically result in higher settlements due to the increased need for medical treatment, extended recovery time, and the potential for long-term or permanent disability. The greater the impact of the injury on the victim’s life, the more compensation the court may award in a personal injury case.
Lost Income and Medical Expenses
Lost income and medical expenses are also critical in calculating a personal injury settlement. These tangible costs include past and future medical bills, as well as any income lost due to the inability to work during recovery. A settlement will generally aim to fully compensate the victim for these financial losses.
Pain and Suffering
Pain and suffering damages are more subjective factors that contribute to the settlement amount. This compensation is intended to address the physical and emotional harm that the victim suffered as a result of the incident. These pain and suffering settlement examples can help give you a better idea of what these damages might be worth in your case.
Insurance and No-Fault Benefits
Insurance coverage and no-fault benefits can influence the final settlement amount. In states with no-fault insurance laws, like Michigan, the injured party’s own insurance company may cover certain damages, which can limit the amount recoverable from the at-fault party. However, for severe injuries, additional compensation may still be sought through a settlement.
What Are Settlement Agreements in Personal Injury Claims?
In personal injury claims, a settlement is an agreement between the injured party (plaintiff) and the party responsible for the injury (defendant) to resolve the case without going to trial. In a typical personal injury settlement, these negotiations are carried out between the plaintiff’s attorney and the defendant’s insurance company or legal representative.
The settlement amount is intended to compensate the plaintiff for damages such as medical expenses, lost wages, pain and suffering, and other related costs. By agreeing to a settlement, the plaintiff usually agrees to release the defendant from further liability, bringing the case to a close without the need for a court judgment.
Settlements offer a faster resolution compared to going to trial, which can be time-consuming and expensive. They also provide both parties with more control over the outcome, since they can negotiate terms that suit everyone’s needs.
Once a settlement is reached and approved by the plaintiff, it becomes binding, meaning that the case is officially resolved, and the plaintiff cannot pursue further legal action related to the incident. This is important to note because once the plaintiff accepts the settlement, they cannot pursue any further legal action against the defendant regarding the incident.
How Do Personal Injury Claim Settlements Work?
Most average personal injury settlements begin with negotiations between the plaintiff and the defendant’s insurance company or lawyer. After the plaintiff submits a demand letter outlining the damages they seek, the defendant’s insurer may respond with a settlement offer.
From there, the plaintiff and defendant’s counsel go back and forth until they agree on a fair amount. If an agreement is reached, the plaintiff signs a release form, which officially ends the claim and waives the right to pursue further legal action related to the incident.
Most people have personal injury settlements paid to the plaintiff either as a lump sum or in structured payments, depending on the terms agreed upon. If you have more questions on how personal injury settlements work, a personal injury lawyer can walk you through the process and ensure you understand each step.
How Can a Personal Injury Attorney Help Your Personal Injury Settlement Amounts?
Personal injury attorneys play a crucial role in securing fair settlement amounts by advocating for your rights. We’ll work towards assessing the value of your claim, and we’ll negotiate with insurance companies on your behalf.
Their experience in personal injury law ensures that you receive the best chance at securing the maximum compensation possible for your injuries. Below are some of the ways that our attorneys at Lipton Law can help you secure a fair settlement amount in your personal injury case.
Fighting for Your Rights
A personal injury attorney is your personal legal advocate who will fully protect your rights throughout the claims process. They will work tirelessly to hold the responsible parties accountable and make sure that you are not pressured into accepting a lowball offer from the responsible parties or their insurance companies.
At Lipton Law, our attorneys will stand by you every step of the way, fighting to secure the personal injury compensation you deserve. With our experience handling a variety of personal injury cases, you can trust that we will handle your claim with compassion and professionalism.
Determining the Full Value of Your Claim
Understanding the full value of your personal injury claim requires expertise in assessing both current and future damages. A skilled attorney will evaluate every aspect of your case, including medical treatment for any injuries sustained, lost income, pain and suffering, and potential long-term effects.
An experienced personal injury lawyer on our team will thoroughly investigate your claim to ensure that your settlement reflects all possible damages. This will ensure that your settlement amount is maximized and that you receive the settlement or trial award you deserve.
Negotiating the Settlement Offers on Your Behalf
Negotiating with insurance companies can be challenging, especially when they aim to minimize payouts. An experienced personal injury attorney can handle these settlement negotiations for you. They’ll leverage their knowledge of the law and their experience with similar cases to secure a fair settlement.
Most personal injury cases are handled outside of the courtroom, and lawyers settle them in these kinds of negotiations. However, it’s important to ensure that you do not settle for less than your case is worth. At Lipton Law, our attorneys are committed to achieving the best possible outcome for your claim. We’ll prioritize your interests during negotiations and ensure insurance companies do not take advantage of you in the process.
Filing a Personal Injury Lawsuit if Necessary
If negotiations with the insurance company do not result in a fair settlement amount, a personal injury attorney can take the next step by filing a lawsuit on your behalf. This legal action puts additional pressure on the responsible parties to settle and can open the door to more substantial compensation.
According to Michigan Compiled Laws Section 600.5805, victims or their family must file all wrongful death and personal injury lawsuits within 3 years of the date of the incident. Our attorneys can escalate your claim to court if necessary and will ensure that your claim is filed within the Michigan personal injury statute of limitations. This can preserve your right to pursue compensation.
Advocating for You During Litigation
Litigation can be a complex and intimidating process. An experienced personal injury attorney will be your strongest advocate in the courtroom. They will present compelling evidence, cross-examine witnesses, and make persuasive arguments to ensure that your case is thoroughly represented.
Additionally, most personal injury lawyers work on a contingency fee basis, meaning you won’t pay them any legal fees unless they help you recover compensation. At Lipton Law, our attorneys are dedicated to advocating for your best interests during every phase of litigation, working to achieve the maximum compensation you deserve. We also work on a contingency fee basis, so you’ll only have to pay if we help you receive fair compensation.
Contact a Michigan Personal Injury Lawyer at Lipton Law Today
If you or a loved one has been injured due to someone else’s negligence, you don’t have to face the legal process alone. At Lipton Law, our experienced Michigan personal injury lawyers are here to guide you through every step of your claim.
We understand the physical, emotional, and financial toll that an injury can take on you and your family. We’ll fight for the compensation you deserve. Our attorneys can take on personal injury claims, medical malpractice cases, trucking and car accidents, wrongful death suits, and more.
Call (248) 557-1688 or contact us via our online contact form to schedule a free consultation with us today.