Carlisle Workers Comp Settlement Lawyer
The average workers’ compensation settlement is just over $20,000. The rate of compensation is typically equivalent to two-thirds of your weekly wages for the duration of your injury. Still, every case is different and will vary depending on the severity of injuries, wages, and other factors.
The average workers’ comp settlement should not be analyzed as a standard amount for every workers’ compensation case. Just as the circumstances involving a work-related injury are distinct, so too, are the characteristics of each claim. Due to this, settlement amounts vary depending on the factors involved. Below, our Carlisle workers comp settlement lawyer outlines how settlements are calculated and what an agreement involves.
How are Settlements in Workers Compensation Cases Settled?
There are many different factors that contribute to a final workers’ compensation settlement. It is important to work with a Carlisle workers’ compensation settlement lawyer who can determine the most effective way to ensure that the benefits you are entitled to are calculated properly. The severity of your injuries is the largest contributor to the total settlement amount you are entitled to. Workplace injuries are classified broadly and are as follows:
- Soft tissue injuries such as strains, sprains, and contusions
- Complex injuries such as deep lacerations and broken bones
- Severe injuries, including brain injury, permanent disfigurement, spinal cord injury, and death
Employees who have sustained more serious injuries will generally receive higher settlement amounts than those who suffered a contusion or sprain. This is due to the fact that workers with more serious injuries often cannot work for longer periods of time and they incur higher medical expenses.
What is a Workers Compensation Settlement Agreement?
After a workplace injury, the most common way to resolve the issue legally is through a workers’ compensation settlement agreement. Reaching an agreement typically involves your employer or more commonly, their insurance representative, negotiating a settlement amount with you or your attorney. Settlements are usually paid as a lump sum, which has tax implications. However, structured payments are also available and these do not have the same tax consequences. Regardless of how the settlement is paid, it should include your full medical expenses and a portion of your lost income.
While reaching a workers’ compensation settlement is the most common way to resolve these issues, you should not feel pressured to agree to a settlement amount. Agreeing to a settlement is not mandatory and if you do not feel an offer is fair, you can reject it. Generally speaking, you should not agree to a settlement until you have undergone all medical treatment and consulted a Carlisle workers’ comp settlement lawyer.
Call Our Workers Comp Settlement Lawyer in Carlisle Now
Reaching a fair settlement in a workers’ comp case is not easy. At Ira H. Weinstock, P.C., our Carlisle workers comp settlement lawyer can negotiate with the other side to obtain the full and fair settlement you deserve and advise on the best way to structure it. Call us now at 717-238-1657 or contact us online to request a free case evaluation and to learn more.