For victims of asbestos exposure and their families, filing a lawsuit is often a powerful step toward justice and financial relief. Mesothelioma is primarily caused by asbestos exposure, and while it’s a rare cancer, it can cause immense pain and financial strain. Lawsuits can help families recover compensation for medical benefits, pain and suffering, and lost wages. Here are a few things you should expect from the process.
How Much Is the Average Asbestos Lawsuit Payout?
On average, mesothelioma settlements fall between $1 million and $2 million. Trial verdicts can reach higher amounts, often upward of $20 million in high-profile cases. However, most lawsuits settle out of court, and the specific payout depends on a range of individual factors. Settlements are generally faster than trials, so they’re an immediate way to cover expenses.
While trial verdicts result in higher payouts, they come with greater uncertainty. Plus, they may take years to conclude. That’s why many asbestos lawyers focus on building strong cases that position clients well during the negotiation phase.
Factors That Influence Asbestos Lawsuit Payout
There are many factors lawyers consider in mesothelioma cases, and some that determine how much you might receive are as follows.
- Case strength: The more clearly your legal team can link your illness to asbestos exposure, the stronger your case becomes.
- Degree of negligence: If your legal team can prove that a company knowingly exposed workers or consumers to asbestos, the courts may award punitive damages in addition to compensatory ones.
- Filing location: Some states and jurisdictions are known for favoring plaintiffs in asbestos litigation, and that can impact settlement size.
- Medical costs and lost wages: Settlement amounts often reflect the real financial losses the victims faced. The more the expenses, the higher the payout will likely be.
What to Expect From an Asbestos Settlement Process
The process begins with you hiring an experienced asbestos lawyer, who evaluates the case, confirms eligibility, and starts creating your legal strategy. Then, the legal team will compile medical records and witness testimony to strengthen your claim.
After filing, defendants have around 30 days to respond. Some may offer early settlements, while others may deny liability. Both sides will exchange evidence, which can take several months and is often where settlement discussions gain traction. Most lawsuits are settled before trial. However, if a fair settlement isn’t reached, your lawyer may recommend moving forward in court.
After a settlement or verdict is finalized, funds are distributed within a few months. The duration may vary depending on the number of parties involved. If a loved one has passed away due to mesothelioma, family members may still be eligible to file a wrongful death claim.
These lawsuits can bring payouts that cover funeral costs, outstanding medical bills, and loss of income. Besides legal support, families also need emotional assistance during this time. It’s best to join mesothelioma support groups to find people you can relate to.
Endnote
Every asbestos case is different, but with a skilled legal team, families can secure meaningful compensation. While financial recovery can never undo the damage done, it can ease the burden and hold companies accountable. The sooner you act, the stronger your case will be, and the better your chances of receiving the compensation you deserve.
