Mesothelioma is a tumor of the tissue that surrounds the lungs, stomach, heart, and other internal organs. This type of cancer is most commonly caused by asbestos, which is a mineral found in older products such as stove-top pads and even is found in some walls or floors as insulation. While most of these products were removed from the public useage, it has still affected many people all over America and has cost many lives.
Recently, there has been a rise in mesothelioma settlements all over the United States, which have settled for millions of dollars. These cases settle out of court and can range anywhere from $1 million to hundreds of millions depending on how many victims are involved, the cost of medical expenses, distress incurred, lost wages, and other bills.
On average, the settlement for a mesothelioma case can range anywhere from $1 million to $1.4 million and is most commonly paid by more than one defendant. However, it’s important to remember that no case is alike. Since there are many variables, the outcome may be different than other previous cases. Keep in mind that your attorney’s fees will also come out of your settlement in the form of a percentage. This rate can be negotiated and will vary greatly depending on the law office.
Another thing to keep in mind is that the settlement money will not be dispersed in one large sum. Those involved in the case will typically receive installments over a period of time, although attorneys may fight to have a different dispersal process upon request.
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