Both mesothelioma settlements and verdicts are possible outcomes of a mesothelioma lawsuit, but what’s the difference between them? In the most basic terms, a mesothelioma settlement is an agreement between an asbestos victim and the company they’re pressing charges against, typically to end a lawsuit before or during the trial. Meanwhile, a mesothelioma verdict is the decision the judge or jury makes at the end of a trial to determine asbestos liability.

Which Is Better, A Settlement Or A Verdict?

Both sides have their pros and cons. If you proceed with a settlement, you’re guaranteed compensation, but it won’t be as much as you would get from a verdict. If you do push for a verdict, though, you run the chance of losing your case–which means no payment at all.

Another benefit of a settlement is that you typically receive your compensation faster. Even so, it can take months to over a year to receive your settlement money–and even longer for a verdict you win.

How Much Can I Expect To Get From A Settlement Or Verdict? 

It’s difficult to say exactly how much one will get from a mesothelioma settlement or verdict, but recent cases have seen verdicts award as much as $250 million to the plaintiff. But again–a verdict isn’t a guarantee the same way that a settlement is.

It’s more difficult to quote exact figures for settlements, because the parties to a particular claim are most likely bound by confidentiality agreements. But, while there’s less information, a settlement is a guaranteed payment, which can make it an attractive option to some.

What Factors Should Be Considered For My Compensation Amount? 

Here are a few factors that may affect that:

  • Company experience with mesothelioma cases
  • Company history of asbestos use
  • Exposure history
  • Medical expenses & lost wages
  • Number of companies involved
  • Which state you’re filing in

Rather than try to figure out how these factors will affect your specific case, bring in an experienced legal team to help you get the compensation you need with the care you deserve. Landry & Swarr have served Louisiana’s asbestos victims for over 20 years, and we’ll do everything we can to win your case.

Contact us today for a free consultation, and let’s work through this stressful time together.