The Road to Settlement for Your Catastrophic Injury
If you are the victim of a catastrophic injury, you might find yourself in a very bad financial position as a result of the medical bills that will keep adding up. Such a situation, coupled with the devastating injury, will only serve to pile even more misery on your life. It is therefore important that you engage the services of an injury lawyer to initiate the settlement process as early as possible. A specialist in catastrophic injuries is advised, even if you have a personal lawyer on retainer.
When hiring one here, make sure you understand their payment terms before signing the contract. Some attorneys ask for a contingency fee, while others will only take a cut of your money once the case is settled. After you strike an agreement, the attorney will get to work by first gathering the evidence needed to build a strong case. They will be required to prove that the defendant was at fault and part of this evidence will be gathered from witness testimonies. They will also compile the police reports and any medical records that were filed.
After this, the lawyer will contact the liable party, notifying them of your intention to sue. It will be up to them to decide whether they'd like to settle or let the case proceed to trial. If they agree to start settlement talks, they may request for some time to conduct their own investigations. Expect a few more weeks to pass by before all this is done. Visit http://www.encyclopedia.com/topic/Power_of_Attorney.aspx to find out about power of attorney.
If the other side admits fault in the accident and agrees to work out a settlement, negotiations begin. The negotiation phase can turn out to be a long-winded process characterized by offers and counteroffers by each party. The parties may or may not reach a deal in the end. If they fail to agree, your case will have to go to court. The disadvantage of a court case is that it might drag on for several more months before the verdict is reached. Catastrophic injury lawyers are aware of this and will therefore try their best to get a fair settlement instead.
If going to trial, a lot of preparation will be required, including the calling in of expert witnesses to explain the extent to which your life will be affected. This can lengthen the process further and also escalate the costs. Most lawyers take a 33% cut of the compensation once the case is won. If you want the best lawyers for your case, check it out!
When hiring one here, make sure you understand their payment terms before signing the contract. Some attorneys ask for a contingency fee, while others will only take a cut of your money once the case is settled. After you strike an agreement, the attorney will get to work by first gathering the evidence needed to build a strong case. They will be required to prove that the defendant was at fault and part of this evidence will be gathered from witness testimonies. They will also compile the police reports and any medical records that were filed.
After this, the lawyer will contact the liable party, notifying them of your intention to sue. It will be up to them to decide whether they'd like to settle or let the case proceed to trial. If they agree to start settlement talks, they may request for some time to conduct their own investigations. Expect a few more weeks to pass by before all this is done. Visit http://www.encyclopedia.com/topic/Power_of_Attorney.aspx to find out about power of attorney.
If the other side admits fault in the accident and agrees to work out a settlement, negotiations begin. The negotiation phase can turn out to be a long-winded process characterized by offers and counteroffers by each party. The parties may or may not reach a deal in the end. If they fail to agree, your case will have to go to court. The disadvantage of a court case is that it might drag on for several more months before the verdict is reached. Catastrophic injury lawyers are aware of this and will therefore try their best to get a fair settlement instead.
If going to trial, a lot of preparation will be required, including the calling in of expert witnesses to explain the extent to which your life will be affected. This can lengthen the process further and also escalate the costs. Most lawyers take a 33% cut of the compensation once the case is won. If you want the best lawyers for your case, check it out!