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Asbestos Lawsuit Payouts and Expert Witnesses The amount of compensation a victim receives in an asbestos lawsuit will depend on the type and severity of their diagnosis. Settlements can take place prior to, during or after the trial. Many companies that employed asbestos have shut down or declared bankruptcy and resulted in large sums of money being set aside by the courts to help victims. Trials In many cases, years go by between exposure to asbestos and the diagnosis of mesothelioma or another kind of asbestos-related disease. The lawsuits filed against the companies that are responsible for this exposure are designed to make them accountable. People who contract an asbestos-related illness are often faced with financial hardships of a significant magnitude and mesothelioma lawyers are able to aid families of victims collect compensation from the responsible parties. Mesothelioma lawsuits can lead to large verdicts. However should the case not resolved before the time limit expires, the victim could receive no compensation in any way. Mesothelioma lawyers are experienced in the negotiation process and will help their clients decide if the settlement is in their best interest. Asbestos has been used in the United States for so many years that courts have commanded companies that produce or distribute asbestos to reserve funds to compensate victims. Trusts that have been drained over the years which means that settlement amounts have to be divided. The amount of the settlement or verdict is contingent on the amount of evidence available to back up the claim. An experienced mesothelioma lawyer will examine a potential claim and determine its value through a free case assessment. Typically, the person diagnosed with mesothelioma, or any other asbestos-related diseases is the plaintiff in the lawsuit. A loved one who has died from an asbestos-related disease may be eligible to file a lawsuit on behalf of that person. A successful asbestos lawsuit may also award punitive damages. These damages are meant to punish a business and discourage others from engaging in similar wrongdoing. A California jury awarded a woman suffering from pleural mesothelioma a whopping $52 million for her exposure to asbestos from the products of Avon. A jury awarded a 48-year old U.S. Navy veteran, $11 million in damages from companies that sold asbestos-based drywall. A pipefitter was awarded $43 million as a result of his exposure to asbestos in his job. Settlements Negotiations will begin once an attorney for the plaintiff's side identifies asbestos companies. Asbestos companies will often resolve claims quickly to reduce legal costs. Asbestos companies typically seek to settle claims fast to limit their legal costs. Settlements involving asbestos lawsuits can differ greatly based on the specific case. In general, higher mesothelioma payouts are awarded in cases with greater damages. For example, an $11 million settlement was granted to a 48-year-old U.S. Navy veteran who was employed as a drywall sprayer. The amount of compensation given to mesothelioma tends to be higher when there is more evidence that the victim was exposed to a particular asbestos-producing firm. The patient's age and the total cost of mesothelioma-related compensation, past and future medical expenses, as well as loss of earnings are all considered when calculating an award amount. A mesothelioma lawyer with experience can assist in determining the size of an asbestos settlement based on the person's particular situation and signs. During the litigation the victim's team of lawyers will collect and analyze evidence relating to asbestos exposure. They will also file the lawsuit in the state court system that is suitable for the situation. The plaintiff's lawyer will then begin the process of discovery to discover evidence that could be used in trial. The majority of asbestos lawsuits are settled in court without a verdict. However, a knowledgeable mesothelioma lawyer can prepare an appeal for trial. Settlements are made at any point during the litigation process and mesothelioma lawyers may suggest that victims accept or reject the settlement offer. Victims can decide to accept or decline an offer and fight for a fair and fair settlement. If victims don't agree to a settlement, they can take on a trial against asbestos-producing firms to obtain more money from jurors. However trials can be extremely expensive. Most mesothelioma attorneys work on a contingent basis, meaning they only are paid if they get a verdict or win an asbestos settlement. Statute of Limitations If you are a plaintiff in an asbestos lawsuit the statute of limitations for filing a claim will depend on the state in which you live. A lawyer can assist you determine if the deadline has passed and advise on other methods to claim compensation. In the majority of personal injury cases the clock begins to run the moment you are injured. The signs of asbestos exposure may take years to show up and be diagnosed. This means that by the time you are ready to file a lawsuit the statute of limitations could have already expired. Aside from this asbestos companies also employ the delay method to make patients accept a low settlement. A mesothelioma lawyer can stop this by pursuing a higher compensation award. The dollar amount you are likely to receive as an asbestos-related victim is contingent on a variety of factors such as how much your illness has cost you and your family members in lost earnings and medical expenses. Your lawyer can also factor in the pain and suffering you endured. In certain states, the statute of limitations in some states is shorter than in others. Davie asbestos attorney can help to understand what the statutes of limitations in your state affect your situation, and suggest a filing window. The length of a mesothelioma cases is contingent on the number of defendants and the kind of exposure. For cases involving multiple asbestos producers and locations, like generally require longer to settle. Settlements for mesothelioma cases differ widely. Some victims receive millions of dollars, whereas others settle for a small amount. The average mesothelioma verdict is $2.4 million, however, many mesothelioma patients have received much larger verdicts from juries. Courts have ordered that asbestos companies set large sums of money aside to compensate injured victims. Victims can use these funds to obtain lump-sum settlements. Asbestos companies are more likely to be in agreement with this than jury verdicts. Some plaintiffs do not want to accept this and prefer to go to mesothelioma trial. They run the danger of a jury that is pro-company but still get an appropriate amount of compensation. Expert Witnesses An expert witness is a person who has specialized knowledge, education and experience, skill, or education in a field relevant to the issue in question. Expert witnesses help courts and jury understand complicated subjects beyond the scope of common knowledge. Experts are crucial in a variety of personal injury cases. This includes cases involving asbestos. Mesothelioma patients are suing companies that made or sold asbestos-containing products. The strength of each case is contingent on the evidence of expert witnesses. These experts provide opinions on various aspects of the case like how asbestos-related diseases develop and who is responsible for them. Expert witnesses assist jurors understand complex scientific concepts that are usually beyond their understanding. Experts in an asbestos-related lawsuit can include a range of technical and medical professionals. Frequently, these experts are oncologists, pulmonologists, or rheumatologists. They can explain the relationship between asbestos exposure and mesothelioma or other asbestos-related illnesses. They can also identify the parties responsible. In some cases a professional expert witness can also be a toxicologist. These experts can testify that exposure to asbestos while during work may have contributed to a person's disease. They can also testify on the effects of asbestos on the air quality and water quality as well as other health and safety issues. Industrial Hygienists and Metallurgists are possible expert witnesses for asbestos cases. These experts can testify on the work duties of an employee as well as the amount of asbestos employed at work, and the possible role that asbestos played in mesothelioma or other asbestos-related diseases. During the discovery process the parties must lay all their cards on the table. This includes an inventory of all the experts they intend to use in the case. Many asbestos lawyers with expertise have established professional relationships with solid experts. They can procure for their clients an expert witness that is respected and who will provide critical testimony to the case.