Mesothelioma is a rare cancer that affects around 3,000 Americans annually. In many cases, mesothelioma victims can often file claims against their employers or other parties to seek compensation. However, the duration for securing a mesothelioma settlement can vary widely and depends on a number of factors.
At Menges Law Firm, we are committed to helping mesothelioma victims obtain the compensation they deserve as quickly as possible. To schedule a free case evaluation with a mesothelioma lawyer, call our office today.
The time frame for a mesothelioma settlement is influenced primarily by the availability and accuracy of medical records and a clear diagnosis. Comprehensive medical documentation supporting asbestos exposure and its impact on health is crucial for building a strong case.
Secondly, the statute of limitations in Illinois is a significant factor. You have two years after diagnosis of an asbestos-related illness (discovery rule) to file the lawsuit. Therefore, the earlier you file the lawsuit, the earlier you can expect a settlement.
Additionally, the defendant’s insurance company and their legal strategy can impact the settlement’s time frame. This is because aggressive defense tactics, disputes, and prolonged negotiations will extend the process. However, hiring an experienced mesothelioma lawyer can ensure that you get your compensation as quickly as possible.
Generally, the average time frame for securing a mesothelioma settlement can take several months to a few years. This variance is primarily due to the unique circumstances of each case.
The settlement process typically involves the initial case evaluation, filing the lawsuit, discovery, negotiation, and, if necessary, litigation. Each stage’s duration depends on case complexity, the defendant’s willingness to settle, and court scheduling. While some cases can settle relatively quickly, others with contested liability might endure a lengthier legal process.
For a faster mesothelioma settlement process, ensure you provide complete and accurate information to your legal team. Also, timely responses to their requests can prevent unnecessary delays.
Additionally, consider using mediation and arbitration as alternative dispute resolution methods. They often lead to quicker resolutions than lengthy courtroom battles. Your willingness to cooperate and negotiate with the defendant is crucial in facilitating a faster resolution to your mesothelioma claim.
The compensation amount for mesothelioma is typically determined by the extent of asbestos exposure, the severity of the illness, and the available evidence. The defendant’s ability to pay and legal precedents in similar cases also influence the settlement amount.
Payout options for mesothelioma settlements include lump sum payments, where you receive the entire amount at once. You may also get structured settlements that provide periodic payments. Also, there are trust fund payments, where compensation comes from established funds specifically for asbestos-related cases.
The best way to obtain compensation after a mesothelioma diagnosis is to work with an experienced lawyer. In many cases, you can obtain a settlement payout without ever entering a courtroom. To schedule a free case evaluation with an experienced mesothelioma lawyer, contact our office today.