As you can probably imagine, every single case involving a personal injury is different. Some very legitimate claims may result in very small payouts or no payout at all. In other situations, claims that are questionable at best may receive a large settlement or verdict. Some personal injury cases are settled in a matter of weeks, while others can drag on for years.
That being said, we can look at some national averages, which can help to give you some idea of what you are likely to expect. However, your case may be very different from the average case. In the U.S., the three most common types of personal injury claims are motor vehicle accidents, medical malpractice claims, and product liability cases.
In motor vehicle accident cases, about 60 percent of cases are successful for the accident victim. The average case lasts for 20 months, which is the fastest of personal injury cases. The median average settlement is $31,000, with about half of all plaintiffs receiving less than $24,000.
In medical malpractice cases, only 20 percent of plaintiffs are successful. On average, it takes 31 months to complete a medical malpractice case. However, if you are successful in a medical malpractice case, you are likely to receive a large payout – the average settlement or verdict is almost $750,000.
This may provide you some idea of what you are likely to expect if you have been injured in an accident or because of another party’s negligence. If you or a loved one has been injured due to a motor vehicle accident, a doctor’s negligence, or because of a defective product, call me, Conal Doyle, Los Angeles personal injury attorney at 310-385-0567. My team can help. Call today to learn more or to schedule a free consultation.