Workers’ compensation settlements are not the same across the board. While the average compensation amount for cases we’ve taken on is just over $13,0001, each claim is unique and the circumstances of each of these can make a big difference to the settlement amount. While there is not an expected average you should anticipate when it comes to your individual case, it’s important to understand what goes into determining your compensation.
What Impacts the Average Workers’ Compensation Settlement?
There are several factors that can go into determining the settlement amount in a workers’ compensation case. Here are a few that impact the average settlement:
- Severity of injury. When it comes to most personal injury claims, the more severe the injury, the higher the potential settlement amount. This is because extensive medical treatment may be needed to help a victim recover. Cases that result in permanent disabilities or months of treatment and rehabilitation often result in larger settlements. Learn more about the 3 Most Common Workplace Injuries in our blog.
- Lost wages. Compensation for lost wages during recovery or due to disability can play a significant role in determining the settlement. If an injury leads to extensive time without work, the goal is to have any loss in wages and potential wages covered. What happens if your injury results in a permanent disability, affecting your ability to work down the line? Learn more about your rights in a situation like this in our blog.
- Medical expenses. Reimbursement for medical expenses including surgeries, medications, and rehabilitation is a crucial component of workers’ compensation settlements. While some injuries require a few doctors’ office visits, others may involve emergency services, inpatient stays, and in-depth treatment plans.
- Jurisdiction. Each state has its own guidelines and laws regarding workers’ compensation. This can affect the final calculation of settlement amounts.
Examples of Workers’ Compensation Settlements
While every case is unique, it’s nice to have examples to reference when you’re trying to get an understanding of how personal injury claims work and what you can expect. These are examples of successes we’ve helped our clients achieve:
- $185,000 for a client who suffered a broken ankle as a result of a slip and fall.
- $100,000 for a client who sustained an eye, head, and shoulder injury after being hit by a falling box.
- $500,000 for a client who sustained several bleeds and fractures after a balcony collapse.
Past results obtained on behalf of clients afford no guarantee of future results and every case is different and must be judged on its own merits. For more insight into our track record of success, take a look at our results.
Our Attorneys Fight for Your Rights
Navigating the complexities of a workplace injury and its aftermath can be challenging especially when you are trying to heal while also juggling your employer, insurance companies, and any legal procedures. That’s why it’s crucial to have experienced legal representatives to fight for your rights.
Whether you’ve suffered a minor injury or a severe disability, we can help. Our team of dedicated attorneys work tirelessly to negotiate the best possible settlement on your behalf. Our expertise and commitment ensure that your best interests are served.
If you’ve been injured at work, don’t hesitate to seek help. Contact our firm today for a free initial consultation and learn how you can obtain the compensation you deserve. Remember, you don’t have to go through this alone- we’re here to support you every step of the way.
- Past results obtained on behalf of clients afford no guarantee of future results and every case is different and must be judged on its own merits. ↩︎