Top 10 Injury Settlements

At THE702FIRM Injury Attorneys, we have a proven record of winning large settlements and verdicts for injured people. Our track record of successfully representing Las Vegas clients shows our commitment to delivering top legal services and results that make a difference in people’s lives. But what do good injury settlements look like?

What Is a Good Settlement Offer?

A good settlement offer varies based on the merits of each claim or case. In the most basic terms, a good settlement will compensate you fully and fairly for your accident-related losses. At a bare minimum, it should be at least equal to the value of your personal injury claim or lawsuit.

Suppose a settlement offer doesn’t cover all of your medical bills and lost wages while you recover from your injuries. In that case, your personal injury attorney may advise you not to accept that settlement.

In some cases, your lawyer may suggest pursuing litigation to help pressure the insurance company into making a fair settlement offer.

Of course, the extent of a client’s damages (including medical bills, lost wages, and general damages for pain and suffering) is only one consideration. You must also evaluate the time, cost, and risk involved in future litigation and balance that against the quality of the settlement offer. Here’s what you need to think about:

• Time – The potential value of a case may determine whether your case goes into an Arbitration program, the regular District Court trial setting, or through another alternative means of resolution. Depending on which venue the case will proceed in, it may take months or even years to reach a final resolution. Along those lines, your age might affect how much time you are willing to invest in litigation to get the best possible outcome.
• Cost – Litigation can be expensive, sometimes reaching tens of thousands of dollars. A good lawyer will evaluate the likely expenses necessary to take a matter through litigation when assessing the quality of a settlement offer.
• Risk – No outcome is ever guaranteed. There’s no telling what a jury may do with a case even when the facts seem “clear.” Oftentimes, settling for a guaranteed amount of money may be preferable to putting the case in the hands of the jury with an unknown outcome.

The skilled lawyers at THE702FIRM Injury Attorneys are best suited to weigh client needs and recommend the best way to pursue maximum compensation ― whether that comes through a settlement or from further litigation and trial.

Our Top-Dollar Case Results

At THE702FIRM Injury Attorneys, maximum compensation is the goal for every client. Over the years, our personal injury lawyers have recovered millions of dollars in settlements and awards for deserving Nevadans, including:

Factors That Can Impact the Size of a Settlement

Several factors will have a bearing on the amount of your potential settlement, including:

• The extent of your injuries ― How seriously were you hurt? Severe injuries are associated with increased costs for medical care, rehabilitation, and greater pain and suffering. Your settlement should compensate you for these financial and emotional costs.
• The impact of your injuries ― Generally, injuries that result in permanent disability or disfigurement may merit increased compensation for your financial losses and pain, suffering, and mental anguish.
• Your financial losses ― The amount of lost income and the effect your injuries have on your earning ability may affect the size of your settlement because compensation can account for past, current, and future losses.
• Your fault for the accident (if any) ― Nevada’s comparative negligence law states that you can still receive compensation for your injuries even if you were partly at fault for the accident that injured you. However, you can’t be more than 50 percent responsible for the incident. If you are, you can’t receive compensation.
• Insurance policy limits ― Your settlement will be affected by the insurance policy limits of the at-fault party and possibly your own, depending on the facts of the case. If your claim is valued at more than the insurance policy covers, you may have to file a lawsuit to seek additional compensation from the at-fault party.

Hire a Personal Injury Attorney in Las Vegas

THE702FIRM Injury Attorneys provides aggressive and experienced legal representation to people during some of their darkest hours. If you suffered injuries in a Las Vegas accident and someone else is to blame, call or contact us online today for a free consultation.