Did you know that, according to the Bureau of Justice Statistics, about 3 to 4 percent of personal injury cases go to trial? Accidentally getting injured is an unfortunate and common thing.
If you got injured due to someone else’s negligence or even because of your own, you might consider asking for compensation. Personal injury settlement is one form of that compensation.
But how long does a personal injury settlement take? Continue reading to learn the answer.
Immediate Aftermath: Day 1 to Day 30
After an accident or injury, the first 30 days are usually dedicated to medical treatment and stabilization of injuries. This is a critical time for recovery, with initial doctor’s visits, referrals, and diagnostic tests taking place.
Gathering evidence during this stage is also crucial in building a strong case. If you are hoping for a quick settlement, hiring a lawyer at this time may be beneficial.
Additionally, the cost of a personal injury lawyer can also impact the length of the settlement process. Hiring a skilled and best injury attorney can greatly speed up the negotiation and legal services. However, in most cases, the cost of personal injury lawyer services is well worth the investment as they can help secure a fair and just settlement for the injured party.
Seeking Medical Attention and Assessment: Day 1 to Day 60
During this stage, medical treatment and assessment continue, with additional consultations and tests being carried out. Insurance companies may also request independent medical examinations. Also, at this time they will be doing evaluations.
This can be a prolonged process that adds to the overall timeline of the case. It is important to keep all medical records and follow the instructions of your healthcare provider.
Beginning the Legal Process: Month 1 to Month 3
After gathering sufficient evidence and completing medical treatment, individuals may start the legal process by filing a claim or lawsuit. This can take anywhere from 1 to 3 months, depending on the complexity of the case.
During this time, your lawyer will also be preparing for trial if necessary. It is important to note that not all personal injury lawsuits go to trial. Many are settled during the negotiation stage.
Negotiations and Mediation: Month 3 to Month 6
During this stage, both parties may try to settle through negotiations or mediation. This can take anywhere from 3 to 6 months, depending on the willingness of both parties to compromise and agree on a fair resolution. If negotiations are unsuccessful, the case may proceed to trial.
Trial and Settlement: Month 7 Onwards
If the case goes to trial, the process can take several months to a year or more. However, most personal injury cases are settled before reaching a trial.
If both parties agree on a settlement amount, the case can be easily resolved within 7 months after negotiations or mediation. In some cases, it may take longer for the court to approve the settlement and disburse funds to the plaintiff.
Know the Answer To: How Long Does a Personal Injury Settlement Take
If you are wondering how long a personal injury settlement takes, the duration is always influenced by numerous factors and can range from several months to a few years. Early stages involve medical treatment and evidence gathering, followed by legal proceedings and negotiation attempts.
If the case proceeds to trial, the timeline can be significantly extended. However, the majority of cases are resolved in settlements before this stage. Ultimately, understanding these stages can help individuals manage their expectations and navigate the process more effectively.