In general, if you can get close to judgment value of the case in settlement, then it should be considered a very good settlement. One of the first considerations that attorneys and clients should factor in is the chance of prevailing on the issue of liability.
The result of a settlement agreement involves the responsible party paying a certain amount to compensate for the damages caused to the victim. Receiving compensation after a settlement for a personal injury claim might take: as little as five working days. somewhere between 14 to 28 days.
While there is no fixed amount for every case, the average personal injury settlement ranges from a few thousand dollars to well over $75,000, depending on the unique details of the claim.
Given all the reasons to settle, it's unsurprising that, ing to the Bureau of Justice Statistics, less than four percent of all personal injury cases go to trial. The majority reached a settlement agreement beforehand. However, for some types of cases, the trial rate is higher.
What Does Georgia Personal Injury Law Cover? Personal injury law or tort law permits an injured individual to initiate a civil action and receive damages for all losses resulting from an accident or other occurrence that was due to someone else's negligence.
The amount of compensation that can be claimed for general damages depends on the type of injury and suffering experienced, and the severity of it, as well as how long quality of life is affected. Therefore, there isn't a 'one sum suits all' approach to general damages; every single claim is different.
It can take around 12-18 months, or sometimes longer. That is where your patience comes in. In general, personal injury cases should never be settled until you are fully recovered from your injuries, or your future medical treatment is well documented and affirmed to by your doctors.
The average personal injury settlement amount is approximately $55,056.08, which is based on data from over 5,861 cases that were settled between 2021 and 2024.
In Georgia, the statute of limitations for filing a personal injury claim is typically two years from the date of the injury. This means we have a two-year window to initiate legal proceedings. However, there are exceptions to this rule depending on the specifics of the case.
Preserve Evidence. The jury is going to decide your case by looking at the evidence. Get Medical Treatment. Value Your Claim Fully. Don't Be Too Eager. Explain Why the Offer Is Inadequate. Don't Forget Future Damages. Build Your Case. Don't Wait to File Your Case.