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How Do Lawyers Increase Your Settlement Value?

August 2, 2024
increase your settlement value

Recent studies suggest only about 5% of personal injury cases end up going to court. The vast majority of those who file these cases settle outside of a courtroom without a judge or jury having to make the final decision. A personal injury settlement lawyer from a trusted law firm can make settling your case a possibility.

Whether you wish to build a personal injury case involving a car accident, a slip-and-fall accident, or even an accident that ended in a wrongful death, always hire a lawyer to assist you first. They can help increase your settlement value, sometimes in dramatic fashion. At Fadduol, Cluff, Hardy & Conaway, P.C., we can break down how.

Gathering the Right Evidence

Ideally, you should bring at least some evidence to the table when you meet with a personal injury settlement lawyer initially for a consultation. It would help for you to have information like:

  • Photographs and videos from the scene of your accident
  • Medical records related to the injuries you sustained
  • Receipts for medical treatment and other expenses related to your accident

However, your personal injury lawyer may also go the extra mile by collecting even more evidence for your case. For example, they may secure police reports, statements from eyewitnesses, 9-1-1 calls, video surveillance, hire expert witnesses, and more to make your case as strong as it can be.

If your personal injury lawyer has all this evidence, they’ll have a stronger position at the negotiating table when dealing with the defendant.

Identifying the Negligent Parties

Before you can file a personal injury lawsuit, you’ll need to determine which negligent parties you’ll file it against. In some instances, there will be just one negligent party, and you won’t have any trouble identifying them. But in other situations, the negligent parties in your case might not be so obvious.

Let’s say, for example, you were in a truck accident. The perpetrators could include:

  • A truck driver
  • The trucking company that employs a truck driver
  • A dispatch company
  • A maintenance shop that a trucking company uses to service and repair trucks
  • The manufacturer of a truck
  • The company that created the parts used for truck repairs

A personal injury settlement lawyer should know which of these negligent parties to go after based on the circumstances surrounding your accident. It could be the difference between you earning a settlement for a few thousand dollars and you earning one for tens of thousands or millions of dollars.

Negotiating With Defendants

At the end of the day, the number one way personal injury settlement lawyers increase settlement values is by driving hard bargains at the negotiating table and bringing a real, credible threat that, if a fair value is reached, they will take the case to court. This is where understanding the difference between a bail bondsman vs a lawyer becomes crucial, as each plays a distinct role in the legal process. These lawyers need to know the ins and outs of negotiating with insurance companies, who will likely only want to agree to the smallest settlements possible.

Many insurance companies lowball those who have filed lawsuits against them and hope they’ll accept pennies on the dollar. Make sure your personal injury lawyer won’t allow an insurance company to do this.  Make sure your personal injury lawyers are willing, and able, to take cases to trial.

Hire Us To Secure the Services of a Reliable Personal Injury Settlement Lawyer

If you, or a loved one, were in an accident, you likely need to secure the largest settlement deal possible in the case to cover medical bills, rehabilitation costs, and more. A personal injury settlement lawyer can assist in increasing your settlement value by taking each of the steps listed here.

Fadduol, Cluff, Hardy & Conaway, P.C. can work with you and attempt to procure the amount you need to make a complete recovery. We are dedicated, experienced attorneys who will fight aggressively on your behalf. Give us a call today at 800-433-2408 to request our help.