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Written by Daniel Wasserberg | Edited By Walter Pacheco | Last Update: October 21, 2024
The average value of mesothelioma cases is typically between $1 million and $2 million for settlements. Trial verdicts may be valued up to $5 million. However, determining the value of your mesothelioma case is complicated because of many factors that influence how compensation is awarded.
Lawsuits and trust fund claims are the two primary avenues for seeking compensation. Many mesothelioma patients are eligible for both tracks, while some are only eligible for one. An experienced mesothelioma lawyer has the expertise to determine whether you can pursue multiple sources of compensation.
I asked my Patient Advocate, Missy Miller at The Mesothelioma Center, for law firm recommendations to help me afford treatment expenses. It was the best decision ever. It ended up being about more than just compensation. Let’s make these responsible entities accountable.
Be wary of lawyers who say they can guarantee you a certain amount of asbestos compensation options. Asbestos litigation is complex, and lawyers can’t predict the exact value of a case in advance. It’s best to work with an experienced mesothelioma law firm that has a strong record of success to make sure you get the compensation you deserve.
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Your mesothelioma case value depends on two factors: Type of claim and its variables.
Lawsuits and trust fund claims may be filed at different times or simultaneously. Filing both types may increase the overall case value.
It’s common for mesothelioma patients to have past exposure to multiple asbestos products made by different manufacturers, which means many patients are eligible to file more than one type of claim.
The family of a deceased truck driver in 2022 filed a suit against multiple companies responsible for the asbestos exposure that led to his death, including Ford Motor Company.
Mesothelioma compensation amounts can vary depending upon how your legal options are handled. Compensation may come in the form of a settlement, trial verdict or trust fund recovery.
Many mesothelioma claimants are eligible to receive compensation from traditional lawsuits and trust fund claims. For example, a 2017 Mealey’s Litigation Report reported a mesothelioma claimant’s average combined case value in the Garlock bankruptcy case at $1 million to $1.5 million. This included an “average of $560,000 in tort recoveries and about $600,000 from 22 trusts.”
Each state has laws governing when and how to file claims for asbestos exposure to ensure no one abuses the legal system and to preserve compensation for future asbestos victims. Experienced mesothelioma lawyers know how to properly handle the two-track system of compensation to maximize your recovery.
Once you’re diagnosed with mesothelioma, you’re probably going to get different lawyers contacting you. Choose a lawyer who specializes in mesothelioma cases and is the best one for you. Filing a claim is a way for us to seek justice.
The best plan to get the most compensation is to hire a mesothelioma attorney who can maximize your recovery. An experienced attorney knows how to work with the unique factors of your case to maximize your compensation.
For us, what the most important part of the process is taking down an occupational history, and asking all the right questions in terms of what work was done, and what products were used because we know all the different manufacturers of the variety of different types of equipment, and products associated with equipment that contains asbestos.
Certain mesothelioma law firms might be better equipped to handle your case based upon their background and expertise. It’s important to do your research and find a reputable firm to handle your mesothelioma claim before the statute of limitations runs out.
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My family has only the highest compliment for the assistance and support that we received from The Mesothelioma Center. This is a staff of compassionate and knowledgeable individuals who respect what your family is experiencing and who go the extra mile to make an unfortunate diagnosis less stressful. Information and assistance were provided by The Mesothelioma Center at no cost to our family.LashawnMesothelioma patient’s daughter
Asbestos.com. (2024, October 21). Mesothelioma Case Value. Retrieved November 1, 2024, from https://www.asbestos.com/mesothelioma-lawyer/case-value/
"Mesothelioma Case Value." Asbestos.com, 21 Oct 2024, https://www.asbestos.com/mesothelioma-lawyer/case-value/.
Asbestos.com. "Mesothelioma Case Value." Last modified October 21, 2024. https://www.asbestos.com/mesothelioma-lawyer/case-value/.
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