settlement

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How Do Lawyers Negotiate Settlements?

One of the most important aspects of a personal injury attorney’s job is settlement negotiation. Because experienced attorneys have negotiated hundreds if not thousands of cases, they have a better idea of what a case settlement value should be. While negotiating cases, attorneys take a lot of information into consideration and often negotiate with insurance companies. Lawyers negotiate elements of a case including liability, total…

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How Long Does A Lawsuit Take To Settle?

Personal injury claims are often settled within 1 year starting from the date that the claim is filed. In cases that involve serious injuries or are not settled and instead go to trial, it often takes 2-5 years to receive compensation, but ultimately it will depend on the complexity of the injuries and associated claims. Auto accident cases with clear fault and non-complicated injuries often…

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How Long Does A Medical Malpractice Lawsuit Take?

On average, most medical malpractice cases take 2-3 years to settle. However, if a medical malpractice case does not settle and goes to trial, the lawsuit can take up to 4 years. In cases where compensation exceeds $2 million, the timeline is often 5-15 years. No two medical malpractice lawsuits are the same, and many factors combine to determine how long your medical malpractice suit…

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Is My Lawsuit Settlement Taxable?

If the claim is a personal injury case and did not contain an itemized deduction for medical expenses related to the injury in years prior, the full amount is non-taxable. There is no need to include the personal injury settlement proceeds in income. The facts and circumstances of the case will ultimately determine whether a lawsuit is taxable. It is true that the IRS will…

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