Mesothelioma Settlement Amounts

How much can you expect to receive in a settlement situation? This varies depending on the case. There have been a number of very high settlements, as well as moderate and private settlements. Some of the highest settlements of all time include the following cases:

* $250 million awarded to 70-year-old Roby Whittington from U.S. Steel after being diagnosed with mesothelioma.
* $34.1 million awarded to a previous employee of Shell Oil Company in Wood River, Illinois after the plaintiff developed pleural mesothelioma.
* $33.7 million to a California resident and his wife from Foster Wheeler Corporation in a wrongful death lawsuit.

Of course, not all asbestos-related lawsuits end in settlements quite this high. In all likelihood, settlement will coincide with the cost of your medical expenses, lost wages, and other costs incurred fighting asbestos-related illness. However, a multi-million dollar settlement is not out of the question.

Keep in mind that with any settlement, you will have to pay your asbestos attorney a percentage of the money received. This percentage may be different if you negotiate a settlement rather than win in court. When determining the minimum acceptable amount of a settlement, make sure to account for the percentage of fees you will pay to your lawyer.

Plaintiffs likely receive compensation in increments, not all at once, especially if the settlement was quite large. Remember, you can also pay an investment company to award settlement money right away. They will take a cut, but you will have a lump sum to help pay for medical bills.