5 Tips for Receiving the Best Personal Injury Settlement

Jade Sherman 2016-05-11 09:00:00

You suffered a horrendous personal injury because of negligence of a business or because the recklessness of another person. The injury was so severe that you had to see a doctor, miss work and just stay home all day. You think you should receive reparations for this personal injury.

A personal injury attorney will represent you when you file a lawsuit against someone for an injury they may have caused. No matter the injury or the size of the case, selecting a personal injury lawyer is essential. Moreover, employing a precise strategy to reach a settlement is just as important.

Once you have filed your court case, the settlement negotiation process will initiate and heat up. You and your attorney will establish a strategy for a settlement following an accident. By employing these tips you can ensure you get what you're truly owed.

Here are five tips for receiving the best personal injury settlement:

Choose the Right Personal Injury Lawyer

Many complainants, for whatever reason, decide to go in it alone. They refrain from hiring an attorney and think they can make a settlement or win a lawsuit all by themselves. This should be avoided at all times because you'll likely lose.

Instead, you should hire a personal injury lawyer. Unsure how to find one? Here are several tips:

  • A simple online research, looking for credentials and reading reviews from past clients.
  • Once you've narrowed down your list, contact lawyers by phone or in person.
  • When you meet a lawyer face to face, have all of the facts and documents with you.
  • Be sure to ask your questions when you're sitting down with these attorneys.
  • Feel comfortable with both the lawyer and their fee structure.
  • SBMB Law has an expert team of personal injury lawyers with years of experience and expertise handling personal injury cases. Consider talking to their legal team for advice.

Do You Have a Settlement in Mind?

After you suffered the injury, do you have a ballpark settlement in mind? If not, you should think about it. Once you've come up with a rough approximation, ask your attorney for his thoughts. He'll have a lot more experience with these types of cases than you will. If they suggest the figure is too high or too low then listen to their advice and adjust accordingly.

Avoid the Very First Offer

It's quite likely that as soon as you filed the lawsuit, the defendant's legal team decided to avoid court and instead come to a settlement agreement. Now that you and your attorney have reached an agreed upon settlement figure, you should reject the very first offer your opponents hand over, especially if it's far below what your expectation is.

Wait For a Response From the Other Side

Now you will have to wait for a response from the other side for your settlement demand. You should never lower your demands and you shouldn't be impatient. If you reduce your demands after the first or second offer then they will likely present no reasonable offer and you'll have to apply extra pressure either on the defendant's legal team or the insurance company.

Patience is just one of many common negotiation techniques. To learn 6 more effective negotiation strategies, check out this interesting article from Forbes.

Get Them to Justify Their Low Offer

Sometimes, attorneys will provide low offers just to see what they can get away with and to determine if you or your attorney understand what your personal injury is really worth. In any event, when they do provide you with a lowball offer, try to get them to justify it by writing down reasons. By doing this, you'll know where they're coming from and whom you're dealing with.

When it comes to handling and negotiating a personal injury case, you should never walk in blind. In other words, you should definitely have backup in the form of a professional personal injury attorney. They'll have a better understanding of the law than you do. Moreover, they'll have a lot more experience working with other lawyers and insurance companies than you ever will.

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