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Asbestos Lawsuit Payouts and Expert Witnesses The amount of compensation that a victim receives from an asbestos lawsuit depends on the nature and severity their diagnosis. Settlements can take place prior to, during or after a trial. Companies that use Asbest have shut down or declared bankrupt in a multitude of cases which has led to large sums of money being set aside for victims by the courts. Trials It is common for it to take many years between exposure to asbestos and a diagnosis of mesothelioma (or another asbestos-related disease). The lawsuits filed against companies that are responsible for this exposure are intended to hold them accountable. Anyone who suffers from an asbestos-related illness are typically confronted with a financial burden mesothelioma lawyers may help victims and their families recover compensation from the responsible parties. Mesothelioma lawsuits can lead to huge settlements. However should the case not settled before the time limit expires, the patient could receive no compensation at all. Mesothelioma attorneys are well-versed in the procedure of negotiating settlements and they can help clients decide whether a settlement that is early or trial is in their best interests. Asbestos has been used in the United States for so many years that courts have commanded companies who produce or distribute asbestos to put aside funds to compensate victims. These trusts have been depleted over time, and settlement amounts are divided. However, the dollar value of a verdict or settlement is contingent upon the amount of evidence that is available to support the claim. An experienced mesothelioma lawyer will examine a potential claim and evaluate its worth in a no-cost case evaluation. Typically the person who is diagnosed with mesothelioma or another asbestos-related diseases is the plaintiff in the lawsuit. A loved one of the deceased who suffered from an asbestos-related disease could be able to make a claim on behalf of the person who died. A successful asbestos lawsuit may also award punitive damages. These damages are meant to penalize a company and deter others from engaging in the same wrongful conduct. A California jury awarded $52 million to a woman who suffered from pleural msothelioma when she was exposed to asbestos via Avon products. Albany asbestos lawyers awarded a 48 year old U.S. Navy veteran, $11 million in damages from companies that sold asbestos-based drywall. A pipefitter received $43 million due to his occupational exposure to asbestos. Settlements Negotiations will begin when an attorney for the plaintiff's side identifies asbestos companies. Asbestos companies often attempt to settle claims quickly to reduce their legal costs. Asbestos companies often try to settle claims quickly to limit their legal costs. Settlements involving asbestos lawsuits can differ greatly based on the individual case. In general, mesothelioma cases with higher damages are compensated more. A 48-year-old U.S. Navy vet who worked as a sprayer of drywall was awarded an $11 million settlement. The amount of compensation for mesothelioma tends to be higher when there is more evidence to show that the victim was exposed to a particular asbestos-producing firm. When calculating the amount of compensation, factors such as the age of the patient as well as the total cost of mesothelioma, future and past medical expenses as well as lost wages are considered. A knowledgeable mesothelioma lawyer will assist in determining the size of an asbestos settlement based on the person's unique situation and symptoms. During the trial, the victim's team of lawyers will gather and analyze evidence related to asbestos exposure. They will also file the lawsuit through the state court system that is suitable for the case. The plaintiff's lawyer will then begin the discovery process to uncover evidence that could be used in trial. The majority of asbestos lawsuits are settled in court without a final decision. An experienced mesothelioma lawyer can prepare the case for trial. Settlements are offered at any time during the litigation process and mesothelioma lawyers might suggest that patients decide to accept or decline the settlement offer. The victim is able to accept or reject an offer, and continue to fight to get a fair and complete settlement. If victims do not accept a settlement, they can pursue a trial against the asbestos-producing firms to obtain more money from a jury. However, trials can be very expensive. The majority of mesothelioma lawyers operate on a contingency basis, meaning they will only collect payment when they secure an asbestos settlement or obtain a judgment in a trial. Statute of Limitations The time period that applies to your asbestos lawsuit will depend on the location you reside in. A lawyer can help determine if your deadline has expired and provide advice on other ways to seek compensation. In most personal injury claims the clock starts to run the moment you're injured. If you are exposed to asbestos however, it could take years before symptoms appear and be diagnosed. By the time you're ready to file a suit the statute of limitations could have expired. Additionally, asbestos companies often employ this tactic to wear down victims and force them to accept a lower settlement offer. A mesothelioma lawyer can stop this from happening by fighting for a larger compensation award. The amount of compensation you will receive as an asbestos victim depends on a variety of variables. This includes the amount you and your family members have lost in medical and wages because of your illness. Your lawyer will also take into account your pain and suffering. In some states the statute of limitations is shorter than in others. A lawyer can explain how the statute of limitations in your state will apply to your situation and suggest an appropriate filing time. The length of the mesothelioma case depends on both the number of defendants and the nature of the exposure. For cases involving multiple asbestos producers and locations, for example typically require more time to settle. Mesothelioma lawsuit settlements vary considerably and some victims receive millions of dollars, whereas others settle for less. The mesothelioma average verdict is $2.4 million, but many mesothelioma sufferers have received much more substantial verdicts from juries. Courts have ordered asbestos companies to reserve large amounts of money to pay compensation to injured victims. Victims can use these funds to receive lump-sum settlements. Asbestos companies are more likely to be in agreement with this compared to jury verdicts. Some plaintiffs, however, do not want to accept this and prefer to go to mesothelioma trial. They are at danger of a jury that is pro-company but can still receive fair compensation. Expert Witnesses An expert witness is one who has specific training and has the skills, experience or education on a topic that is relevant to the particular case. Their testimony assists the court and jury comprehend complex topics that are beyond the scope of general knowledge. Experts are vital in many types personal injury cases. This includes those that involve asbestos. Mesothelioma victims file lawsuits against the companies that made or sold asbestos-containing products containing asbestos. The strength of each case is contingent on the evidence of expert witnesses. These experts give their opinions on various aspects of the case, such as how asbestos-related diseases develop and who is to blame. Expert witnesses can help jurors comprehend complex scientific concepts that are often beyond the scope of their understanding. The experts in a lawsuit related to asbestos could include a variety of technical and medical experts. These experts are usually oncologists or rheumatologists. These specialists can explain how asbestos exposure can be linked to mesothelioma and other asbestos-related diseases. They can also identify the people responsible. In certain cases, a professional expert witness may also be toxicologist. They can testify as to the extent to which an individual was exposed to asbestos during their work and how exposure to asbestos could have contributed to their health. They are also able to testify about the effects of asbestos on water and air quality, as well as other health and safety concerns. Industrial hygienists and metallurgists are also potential expert witnesses in asbestos cases. They can testify about the job duties of an employee, how much asbestos was used in the course of work and how the amount of asbestos could have contributed to the worker's mesothelioma or another asbestos-related disease. During the discovery process, each party must put all their cards on the table. This includes a list of all experts they intend to utilize in the case. Many asbestos lawyers with expertise have established professional relationships with reputable experts. Lawyers can find their clients an expert witness who is respected and who will provide critical testimony to the case.