vestwell vestwell vestwell
  • About
  • Contact
  • Testimonials
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Wednesday, May 25, 2022
No Result
View All Result
CALIFORNIA BUSINESS JOURNAL
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
CALIFORNIA BUSINESS JOURNAL
personal injury case

How Much Can You Get in a Personal Injury Lawsuit

The Median Value of a Medical Malpractice Claim is $250,000.

by California Business Journal Editorial Staff
A A
Share on FacebookShare on Twitter

If you are considering whether to file a personal injury lawsuit, the key things you probably want to know are how much money you can expect to get and what are your chances of winning. In this post we will answer these questions by looking at your chances of winning and average compensation in 2 of the most common types of personal injury cases: auto accidents and medical malpractice.

The Median Value of a Medical Malpractice Claim is $250,000

The median compensation payout for a medical malpractice lawsuit is $250,000. The average compensation in malpractice cases is around $900,000. The reason the average is so much higher is because there are a small number of malpractice cases that result in huge verdicts.
The potential value of your individual malpractice case will depend on a number of variables including: how serious your injuries are, what state or jurisdiction your case will be in, and who the defendant is.

If you can get a medical malpractice lawyer to bring your case, you have around a 70% chance of getting some compensation. Somewhere between 65-75% of malpractice cases settle out of court. If your case goes to trial, however, your chances of success drop considerably. Plaintiffs only win 20% of the time in medical malpractice trials.

The Median Value of an Auto Accident Case is $50,000

The amount of compensation you can get for an auto accident lawsuit depends on the level of physical injury resulting from the accident. For purposes of settlement value, auto accident attorneys often classify injuries as light, moderate, or serious:

ADVERTISEMENT

Light Injuries = $10,000 – $25,000
Moderate Injuries = $40,000 – $150,000
Serious Injuries = $175,000 – $2,000,000

In many auto accident cases, the amount of compensation you can get in a lawsuit may be limited by the insurance limits of the at-fault driver. You might have an injury worth $1 million, but if the other driver only has a $50,000 auto liability policy then $50,000 is probably the max you can recover.

Personal Injury lawsuit3

Your chances of success in an auto accident lawsuit are somewhat higher than a medical malpractice case. If you file a lawsuit in an auto accident case, your chances of eventually getting compensation are over 90%. Many auto accident cases get settled before a lawsuit is even filed.

How Much Will the Lawyers Get?

If you get a settlement or verdict you lawyer will receive a contingent fee between 30-40%. In addition to this fee, your lawyer will also get reimbursed for any expenses that they paid to bring the case. Expenses in a medical malpractice cases can be very high, often in the 6-figure range.

Related Posts

Personal Injury lawsuit
4 Important Types of Documents Required in a Personal Injury Case
Personal Injury Trial
5 Important Things to Know When Preparing for a Personal Injury Trial
58-5 Reasons to Hire Lawyers for Personal Injuries
5 Reasons to Hire Lawyers for Personal Injuries
Personal Injury lawsuit
6 Common Challenges Encountered in a Personal Injury Lawsuit
Studio Shot Of Man Wearing Neck Brace Reading Letter
7 Things to Do to Help Maximize Your Personal Injury Compensation
Finding A Personal Injury Lawyer In Costa Mesa
Finding A Personal Injury Lawyer In Costa Mesa, California
The rate of boat accidents in Miami continues to increase.
Florida Files: There have been 465+ boat accidents reported in Miami -- and the rate continues to rise
Oklahoma Injury Lawyer
Focus on Personal Injury Legal Files: Oklahoma
Injured At Work
Injured At Work?
both cars are in accident clash against on each other, driver and party in upset and disappoint in situation alert and argument
Seek Help: How to Find the Right Auto Accident Injury Lawyer
Lawyers
Top 5 Factors to Consider When Selecting Personal Injury Lawyers
Personal-Injury-Claim-Form
What You Need to Know Before Making a Personal Injury Claim
workers-compensation
What to Do After You’ve Been Injured at Work
Tags: AutocaseinsurancelawyermedicalPersonalpersonal injuryPersonal Injury Lawsuitvalue
ADVERTISEMENT
California Business Journal Editorial Staff

California Business Journal Editorial Staff

Related Posts

The rate of boat accidents in Miami continues to increase.
Florida Files: There have been 465+ boat accidents reported in Miami -- and the rate continues to rise
Oklahoma Injury Lawyer
Focus on Personal Injury Legal Files: Oklahoma
Personal Injury lawsuit
6 Common Challenges Encountered in a Personal Injury Lawsuit
Finding A Personal Injury Lawyer In Costa Mesa
Finding A Personal Injury Lawyer In Costa Mesa, California
Injured At Work
Injured At Work?
Personal Injury lawsuit
4 Important Types of Documents Required in a Personal Injury Case
Personal Injury Trial
5 Important Things to Know When Preparing for a Personal Injury Trial
Lawyers
Top 5 Factors to Consider When Selecting Personal Injury Lawyers
both cars are in accident clash against on each other, driver and party in upset and disappoint in situation alert and argument
Seek Help: How to Find the Right Auto Accident Injury Lawyer
Studio Shot Of Man Wearing Neck Brace Reading Letter
7 Things to Do to Help Maximize Your Personal Injury Compensation
Personal-Injury-Claim-Form
What You Need to Know Before Making a Personal Injury Claim
workers-compensation
What to Do After You’ve Been Injured at Work
58-5 Reasons to Hire Lawyers for Personal Injuries
5 Reasons to Hire Lawyers for Personal Injuries
advertisement
Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Marketing
  • Medical
  • News
  • Newsletter
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • New Study: California’s 10 Universities That Produce the Most CEOs

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • The Only Way

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0
  • Is Virtual Financial the Future of Financial Services?

    0 shares
    Share 0 Tweet 0
  • Best Crypto Faucets You Can Try In 2021 and 2022

    0 shares
    Share 0 Tweet 0

Latest Articles

Texas Tragedy: Ban Assault Weapons NOW

Extreme Measures

Jess Lenouvel, Founder of The Listings Lab and Author of "More Money, Less Hustle."

Performing an Energy Audit: Eliminate Wasted Time and Energy in Your Business and Personal Life

Home Construction project

How to Make Sure Your Home Construction Project Stays Within Budget

Tiger Woods

Commentary: The Brewing Battle Between Pro Golfers and the PGA Tour

Tripalink Founder Donghao Li

Tripalink Upends the Student Housing Business Model

House Renovations

Things to Add to Your House When Renovating

How Athletes Are Getting High Tech

How Athletes Are Getting High Tech

How Long Does It Take to Build an MVP for Your SaaS Project

How Long Does It Take to Build an MVP for Your SaaS Project?

David Osborne, CEO of Caseware

Boring No More: Accountants, Auditors See Themselves as Creative, Curious and Adventurous, Study Shows

famous-logos-then-and-now

Why Do Brands Change Their Imagery in Different Markets?

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR