How Much is a Typical Medical Malpractice Settlement?
Every medical negligence claim is unique. Although injuries may be similar, no two cases are exactly alike. Factors that impact the size of a settlement or a verdict include the circumstances of the injury, where it occurred, and the age, health, and family status of the injured patient. Also considered are the strengths and weaknesses of the case, and state law regarding recovery of non-economic damages like pain and suffering. Depending on circumstances, birth injuries that cause brain injury may settle for several million dollars, whereas a wrongful death matter could be resolved for sums between the high six figures and millions of dollars.
How Often do Medical Malpractice Cases Settle?
Almost 90 percent of medical malpractice matters settle out of court. In these cases, settlement conferences, negotiation, or mediation leads to an agreement between the parties on an amount to be paid to the injured patient. With significant, successful courtroom experience, our legal team is ready to litigate each claim in court if a satisfying settlement cannot be reached.
How Long does a Medical Negligence Lawsuit Last?
A medical malpractice matter can settle at any time during the course of a lawsuit. In many cases, serious settlement negotiations begin after the facts of the matter and expert opinions are revealed through the discovery process. Courts typically schedule a trial for approximately 18 months from the initial filing of the lawsuit. This date may change depending on the progress of the case, and calendar conflicts of expert witnesses, attorneys, or the court. If a case is settled, we work to distribute compensation and close the file within 30 to 60 days. If a structured settlement, such as an annuity, is created to provide a tax-free lifetime income, the settlement may take slightly longer.
Choose an Experienced Law Firm if you Suffer Serious Medical Injury
Whether you were injured, ill, or seeking help with your health, suffering medical malpractice is a shocking, sometimes life-altering experience. As you, or your family, cope with the consequences of a medical mistake, our law firm conducts a thorough investigation on your behalf, working with expert witnesses, gathering evidence, and creating a strong legal case to achieve the compensation you need to move forward. Money cannot buy or return health, but it can provide a lifetime of care and assistance. When your health, or that of a family member, is devastated by medical malpractice, trust your future to an experienced, reputable law firm with an extensive track record of success—choose Schochor, Federico and Staton, P.A.
Speak with a Medical Malpractice Attorney Today
We serve injured clients and their families across Maryland, including Silver Spring, Upper Marlboro, Annapolis, Rockville, Greenbelt, and throughout the United States. Call us at 410-234-1000 to schedule a free consultation. If you suffer serious injury due to a medical mistake, you have a limited amount of time to commence a lawsuit to protect your right to compensation. Contact us today.