Settlement
A settlement is a negotiated resolution of a lawsuit in which the defendant agrees to pay the plaintiff an agreed-upon amount in exchange for the plaintiff dropping their legal claims. The majority of mesothelioma lawsuits resolve through settlement rather than proceeding to a trial verdict, often resulting in faster compensation.
Settlement offers several advantages for mesothelioma patients: faster resolution (months rather than years), guaranteed compensation (eliminating trial risk), privacy (settlement amounts are often confidential), and reduced stress compared to a trial. Given the urgency of mesothelioma cases, timely compensation can fund treatment and provide financial security for families.
Settlement negotiations typically begin after the deposition phase, when both sides have a clear picture of the evidence. Factors that influence settlement value include the strength of evidence linking the defendant to the patient's exposure, the severity of the disease, the patient's age and economic losses, and the jurisdiction where the case is filed.
Accepting a settlement is always the plaintiff's decision. Your attorney will advise whether a settlement offer is fair based on comparable verdicts and settlements, but the final decision rests with you or your family. If settlement cannot be reached, the case proceeds to trial. Settlements can also be reached with asbestos trust funds through their administrative claims process. Explore your compensation options.
- Also known as
- Out-of-court settlement, Negotiated resolution
- Category
- Legal
- Related terms
- Verdict, Deposition, Personal Injury Claim, Contingency Fee, Asbestos Trust Fund
What is the average mesothelioma settlement amount?
Mesothelioma settlement amounts vary widely based on exposure evidence, disease severity, and jurisdiction. Individual settlements are often confidential.
How long does a mesothelioma settlement take?
Settlements typically resolve faster than trial verdicts, often within months. Courts frequently expedite mesothelioma cases due to the urgency of the disease.
Have questions about Settlement? Our attorneys can explain how this applies to your situation — at no cost.