https://www.youtube.com/watch?v=Gvosh8k5Xkc Asbestos Lawsuit Settlement Amounts Asbestos settlement amounts are influenced in a variety of factors. The plaintiff's specific illness loss of earnings, medical expenses and past pain and suffering are all considered. Once an attorney has all the information needed they can submit their claim. The defendants are given the opportunity to respond to the claim, and the discovery process begins. What is a settlement? A settlement is a compromise reached between the defendants in a lawsuit as well as the victim. It is a way for companies to avoid the cost and public relations nightmare as well as long trial that may accompany winning or losing a verdict. The majority of personal injury cases, such as mesothelioma lawsuits, settle before reaching a final court verdict. In a mesothelioma lawsuit, a victim can receive compensation for future and past medical costs, as well for funeral and living expenses. Many victims also claim non-economic damages, such as physical and emotional pain and suffering. Mesothelioma attorneys and their clients could negotiate a settlement through an out-of-court process prior to, during or following a trial. While the majority of mesothelioma cases are settled, it's important that legal teams continue to work as if their cases are likely to be tried in court because it allows victims to secure the most compensation. The amount of mesothelioma-related compensation the victim receives from an agreement is contingent on the type of asbestos exposure as well as the severity of their diagnosis and the number of defendants. Many victims have been exposed to multiple asbestos-related products. They can seek compensation from each company responsible for their disease. In the recent New York case, a jury gave Stephen Lanzo III $117 million and his wife. The award included compensatory and punitive damages, which were meant to punish Johnson & Johnson and Imerys Talc America for selling asbestos-contaminate