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Personal Injury Settlements

There are no minimums or maximums with regard to personal injury settlements. This is because the amount of a personal injury settlement is contingent on a number of different factors. Net financial loss, type and severity of injury suffered, age of claimant, medical expenses both incurred and projected, and the extent of the liability of the defendant. Higher compensations are usually awarded to younger complainants because, it is reasoned, had they no suffered the injury they may very well would have, aside from the injury, been very productive individuals. The severity of the injury is also a factor. For example a broken arm is less likely to impede a person as much as a spinal injury that renders them paralyzed.

Fast Facts

  • A study conducted by Associate Professor of Finance Patricia Born of California State University and Virginia Law School Professor Jeffery O'Connell showed that business can save an average of $670,000 for severe injury cases by settling claims rather than moving forward with litigation.
  • Every minute there are 5 serious injuries caused by a motor vehicle accident.
  • Approximately 100,000 pedestrians are injured each year.

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Los Angeles, CA 90010

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El Segundo, CA 90245

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Mesriani Law Group

Los Angeles, CA 90025

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