How much is the average mesothelioma

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How Much Does a Mesothelioma Case Cost on Average?

According to current Mealey’s® Litigation Reports, the typical mesothelioma case value is between $1 million and $1.4 million for legal settlements and between $5 million and $11.4 million for trial verdicts. Because there are several ways to claim financial compensation for mesothelioma, these figures vary greatly.

Case values for mesothelioma are occasionally determined when a legal claim is made, with a final value assigned as the case progresses. Evidence given in support of an asbestos claim demonstrates why the sufferer is entitled to compensation after contracting mesothelioma.

The value of a mesothelioma case can also vary based on the lawyer who is handling the legal claim. Because mesothelioma affects only about 3,000 people each year, lawyers who do not specialize in mesothelioma matters may not be able to obtain the best possible settlement for a legal claim.

As a result, plaintiffs should deal with an experienced mesothelioma lawyer who has handled similar cases successfully in the past. These attorneys may be able to assist their clients in obtaining larger mesothelioma lawsuit settlements.

Trust Funds for Asbestos

According to the RAND Institute for Civil Justice, the average value of a mesothelioma case from an asbestos trust fund is roughly $180,000.

Asbestos corporations that filed for bankruptcy created these trust funds to avoid future claims. The corporations might pay present and future mesothelioma patients without discontinuing operations by declaring bankruptcy and establishing trust funds.

However, because each bankruptcy trust fund has a different amount of money, distributions might vary significantly. A larger asbestos company’s trust fund could be worth over $1 billion, whereas a smaller one might only have a few million dollars.

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