Should I Settle Or Sue?
If you are asking this question, there is only one answer: talk to an attorney! The experienced Maryland personal injury attorneys at Berman | Sobin | Gross LLP offer free initial consultations, so there’s no excuse not to get a qualified legal opinion. Every single case is unique, and one factor can make a world of difference. It’s important to have your claim reviewed by a professional, who can review all aspects and ensure that your rights are being protected, as well as that nothing significant is being overlooked.
Settling a Claim Following an Accident or Injury
If you are considering settling a claim after an accident or injury and you haven’t consulted with a lawyer, think twice before accepting the offer. If you are not being represented, chances are, the other party is not going to give you top dollar, because nothing is pushing them to. You are likely not aware of the industry standards. For instance, many times parties are pressured to settle for an amount equivalent to the amount they have paid out related to the injury. While this may sound fair on its face, it often fails to take into account all future expenses related to the injury. Many injuries and illnesses require years of physical therapy and specialized treatments that can cost hundreds of thousands of dollars or more. Companies will often rush a party to sue following an accident before the individual is able to understand the full extent of their injuries, or how much it will cost to treat them or affect their ability to work in the future.
Additionally, most people do not know that medical insurance companies often reserve the right to seek reimbursement for all medical expenses paid if an individual accepts a settlement from the liable party. For this reason, it’s important to seek a settlement that covers the full uninsured medical cost of treatment for the injuries. If the settlement only covers what the individual has paid out of pocket, this may end up putting the individual in debt if the medical insurance company then seeks reimbursement. This is why it is so beneficial to have a zealous legal advocate on your side, reading between the lines and looking ahead so that you can focus on recovering and getting back to your life.
Retaining a lawyer does not mean that you are bringing a lawsuit. It means you are getting an experienced legal ally and advocate to be on your team, giving you the knowledge and information you need to get the best deal possible. A lawyer is there to serve your needs. It may not be clear initially whether the best path will be to settle or go to court, and a lawyer can help you navigate that and determine the best path forward to get you the compensation you are entitled to.
Talk to a Lawyer
If you have been injured as a result of someone else’s negligence or recklessness, the experienced Maryland personal injury lawyers at Berman | Sobin | Gross LLP are here to help. Schedule a free initial consultation today, to find out how our team can support you in getting the compensation that you deserve.
