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The largest settlement ever awarded in a slip and fall lawsuit was over 20 million dollars. This amount was awarded to the plaintiff, an elderly woman who suffered severe injuries after slipping on a wet tile floor in a hotel lobby.
You will usually receive your settlement payment from a personal injury within six weeks after you have accepted a settlement. Whether you were injured in a car accident, truck accident or other type of accident the settlement timeline is usually the same if there was a serious injury.
While the idea of an ?average payout? exists as a theoretical mathematical calculation, as a practical and realistic matter, there is no such thing as an average slip and fall settlement in New York City. Slip and fall compensation amounts vary depending on many factors that are unique to your accident.
Receiving the Settlement Check After we have issued payment for all liens and legal fees, we will write you a personal injury settlement check for the remainder of the balance and forward it to your home address. This time frame typically takes less than six weeks.
It is difficult to determine the average slip-and-fall settlement in New York because each case is unique. The specific circumstances of each case, including the severity of the injuries and the defendant's degree of fault, will determine the settlement amount.
You can start a compensation claim for a slip, trip or fall if you've been injured in an accident that wasn't your fault, and you can prove that someone else's negligence caused the accident. There is no set amount of compensation for an injury caused by a slip, trip or fall.
It may be possible to resolve a claim in a few months. But cases that require court litigation may take two to three years to complete.
The statute of limitations in New York for a personal injury action, including those involving car accidents, is three years. The timeline begins running on the date the accident occurred. However, there are certain circumstances under which the statute of limitations may be much shorter.