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The answer is typically between one and six weeks after your attorney reaches a settlement or the judge hearing your case awards you monetary damages. The reason why it takes as long as it does is that your lawyer receives your settlement check to take care of certain expenses before you receive just compensation.
A settlement can take anywhere from a few weeks to over five years to close. Straightforward personal injury cases, like a car accident lawsuit from a rear-end collision, are more likely to resolve quickly. A medical malpractice case is more likely to take several years.
Sometimes referred to as “release agreements” or as “settlement agreements,” release and settlement agreements bring a legal dispute to an end outside of the courtroom. That legal dispute can be nearly anything, like an alleged: Breach of contract. Violation of a non-compete agreement.
Ing to insurance data, the average payout across the U.S. for a pain and suffering settlement in a personal injury case is approximately $15,000.
If you choose to proceed with your claim without an attorney, you will need to gather evidence, estimate your damages, file the claim, and negotiate with the insurance company for a settlement. You can review resources from the California Department of Insurance to help you start the process.
Most settlements and court awards will be approximately $3,000 to $75,000. The likelihood of receiving a payout in this range is approximately 70%. Below we'll map out California personal injury settlements by case type.
Although the average case settlement takes between two weeks to five months, your case could take much less or more time to reach a conclusion. If both parties agree on the settlement, it may only take up to six weeks to process.