Accident and Injury Settlements: What You Need to Know

 If you have been injured in a car accident, slip and fall accident or any other type of traumatic incident in New York City, you and your family are probably concerned about how to pay for the medical expenses and about recovering the income you may have lost as a result of taking time off from work in order to heal physically. The New York personal injury law firm of Kenneth A. Wilhelm has helped injured clients and their families for over 49 years and secured the maximum compensation for their injuries, damages and losses. Below are answers to some of the concerns that our injured clients have often expressed. We hope they will give you some guidance:

Should I settle my claim or file a personal injury lawsuit?
If you have been injured, you have the legal rights to pursue compensation for your injuries and losses through the civil justice system. Usually, there is an insurance policy in place that is designed to cover these types of losses.
Although a majority of personal injury cases get settled out of court, it is important to retain the services of a personal injury lawyer who won’t hesitate to go to court on your behalf if that becomes necessary. Your lawyer should work in your best interest and strive to obtain the maximum possible compensation for your significant losses.
Is it OK for me to reject a settlement offer?
It is absolutely OK for you to reject a settlement offer that does not satisfy you. If you’ve filed an injury claim with an insurance company or brought a personal injury lawsuit against someone who has caused your injuries, you have the liberty to reject any settlement offer you get, particularly if it comes across as unreasonable or unfair. There are a number of valid reasons to reject a settlement offer and take the case to court. The instances here may range from the fact that the negotiation process has reached an impasse or broken down, or that you simply want your “day in court,” etc.
What you should stay away from is rushing into a hurried settlement just to make your case go away. Signing an agreement before you have a comprehensive idea of the nature or extent of the losses you have sustained may have a potentially devastating impact on your financial future. It would be in your best interest not to agree to a settlement until you have discussed the details with your injury lawyer.
What do I have to pay my lawyer?
If you decide to retain a personal injury lawyer, he or she may represent you under what is known as a “contingency fee.” This means you do not pay anything upfront and your lawyer will only be paid if your case is resolved with a settlement or favorable verdict. Your lawyer will then collect a percentage that is stated in the initial fee agreement.
If you or a loved one has been injured in a traumatic event, the experienced New York personal injury attorneys at the Law Offices of Kenneth A. Wilhelm can help you better understand your legal rights and options, and also fight hard to recover just compensation for you. Our law firm recently recovered $5,600,000 for a bicyclist who was hit by a van, and $2,550,000 for another victim of a truck accident, and $3,000,000 for a pedestrian who was hit by a car, and the full $1,000,000 insurance policy for a pedestrian who was hit by a truck, and $4,625,000 for a driver who was in a car and was hit by a van.
Please contact us TOLL FREE 24 hours a day, 7 days a week at 1-800-WORK-4-YOU (1-800-967-5496). WE CAN EVEN COME TO YOU. There is no attorneys’ fee unless we recover money for you. We can also help with personal injury cases in New Jersey, Connecticut, Pennsylvania, or Florida. If you have been seriously injured in any of the 50 U.S. states, please call us and we will try to help you with your case.
Other TOLL FREE phone numbers for us are:
1-800-RADIO-LAW, 1-888-WYPADEK, OR 1-800-LAS-LEYES
Please visit us at: www.WORK4YOULAW.com