How Personal Injury Settlements Work and What You Should Know

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If you have been hurt in an accident in Lakewood, it is essential to understand how personal injury settlements work so that you receive just compensation. If it is a car crash, slip and fall, or any other type of accident caused by negligence, working with a Lakewood personal injury lawyer can simplify the process and help you get the best result. So, what is the most important thing you need to do?

What is a Personal Injury Settlement?

A personal injury settlement occurs between the injured party (plaintiff), the at-fault party (defendant), or their insurer. Both sides agree on both sides on an amount of money to resolve the claim rather than going to trial. In most instances, personal injury claims are settled outside the courtroom.

How Does the Process Begin?

A claim process starts when one files a compensation claim against the at-fault party. This claim entails your injuries, damages, and what you want to get for damages. The evidence to support a strong claim includes photos, accident reports, medical records, and witness statements. An experienced attorney ensures you have made a thorough and persuasive claim to improve your chances of compensation.

Calculating Compensation

Compensation in personal injury cases includes economic damages and non-economic damages. An experienced attorney can help you accurately calculate damages to cover every cost. If your injuries keep you from working in the future, whether in the same field or permanently, they would include reduced earning capacity within your claim.

Washington’s Pure Comparative Negligence Rule

Personal injury claimants in Washington State have to deal with the pure comparative negligence rule. You can even recover damages if you are partially at fault for an accident. But you get a reduced compensation based on your percentage of fault.

The Role of a Statute of Limitations

Timing is of the essence in personal injury cases. In Washington, you have three years from the day of the accident to file a claim. Losing your right to compensation could be worse than failing to meet this deadline. First, there is the issue of speed, given that witnesses may need to remember what happened, or a damaged document may be lost in time. Getting an attorney early protects your case.

Should You Settle or Go to Trial?

Most personal injury cases are settled out of court because trials can be long and unpredictable. If they refuse fair compensation, you may have to go to trial depending on the strength of evidence and jury verdict payout potential.

Why Legal Representation Matters

The process of navigating a personal injury claim is overwhelming. As such, hiring an experienced legal team to face the insurance companies balances the scales in your favor. To cope with the personal injury suffered from the accident, you need to stay focused on recovery. During recovery, a trustworthy personal injury lawyer will manage all other case matters, including evidence gathering and settlement negotiation. They will fight their hardest to get you as much as possible economically and emotionally.

Conclusion

At first glance, personal injury settlements can seem intimidating. However, knowing how they work will put you in a better position to determine what is best for your particular case. Strong legal representation will give you a higher chance of securing justice and a clear plan to get the compensation you deserve. When injured due to another person’s negligence, Lakewood’s personal injury attorney is ready to step in and help you deal with the complexities of the case. Therefore, seek advice from a competent, experienced attorney today to secure your rights and retain the compensation you are entitled to.