Lump sum settlements are only available to people, who have very serious injuries and are unable to return to their former job. They must be approved by the RI and MA Workers’ Compensation Court and you will have to give up your right to all future workers’ compensation benefits. The legal fee is 20% of your settlement. This settlement amount can be paid in a single lump sum, or individuals can opt for a structured settlement over a period of time. Click here to see best lump sum settlements.
Have You Been Injured at Work and You Wish to Collect a Lump Sum Settlement?
Call An Experienced RI and MA Workers’ Compensation Lawyer Today!
How Is The Value Of My Workers’ Compensation Settlement Determined?
There are many different factors your attorney has to deal with in determining what your case is worth. Some factors include:
- The amount of your weekly workers comp checks
- The severity of your injury
- Your age
- Your education and/or skill levels
- Whether you speak English
- Who the insurance company is
For example, a 55 year old non English speaking construction worker, who does not have a high school diploma, gets $400 per week in benefits and who has had unsuccessful back surgery, will be able to get a large settlement because he is not very likely to be able to be retrained to do another type of work. Every case is unique so it is not easy to explain fully how much your case could be worth.
Remember, both you and your employer’s insurance company have to agree on a settlement. Neither of parties can force the other to settle. Once a settlement agreement is reached through negotiation, the matter is referred to the Court for approval. You should consider hiring an experienced RI and MA workers compensation lawyer with the knowledge of what your case may really be worth, to make sure you get a good settlement.
Can I Receive Pain and Suffering From My Workers’ Compensation Claim?
You may not normally collect for pain and suffering as part of your workers’ compensation case, however, there are a few exceptions.
THIRD PARTY CLAIM: If the injury was the result of a third party’s negligence (for example, an auto accident or due to the fault of a sub-contractor) the employee could be compensated by that third party insurance company for damages, including pain and suffering. Read More.
EMPLOYER INSURANCE: The only other exception is if the employer did not have workers’ compensation insurance. In that case, the employee could sue the employer for negligence and if they are successful, the employee would be entitled to recover damages, including pain and suffering.
Why Contact Us Today?
If you feel your injury is serious, you should consider calling us because we work with very experienced workers’ compensation lawyers in RI and MA, who know how to get you a good lump sum settlement. The standard fee in RI and MA is 20% of your lump sum settlement, however there is no fee until you receive a settlement. Call us today or fill out a contact form for a free (no obligation) case evaluation.