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Lawyer Explains Factors That Help Determine A Settlement Amount

Video Transcript

Coming to the average settlement amount is often a very difficult question, particularly in the beginning of the case. We can be limited by insurance policies, assets, but every settlement varies because of the variables that are present in every case. For instance, how bad somebody is injured; how much they make it work, and how often or how long they will be out of work; did they have to hire somebody to assist them during a specific time of their recovery period? So all these things factor into what a case is worth and every case is different because everyone’s injuries are different. Everybody’s healing time is different. How people mentally react to a car crash can be very different as well.

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