How Long Will It Take to Get My Personal Injury Settlement?
If you have been injured due to a third party’s negligence and are planning to pursue a personal injury claim, you might be wondering how long it might take to get your settlement. The short answer is that it can take anywhere from a few months to a few years – depending on the skill, experience and resources of your personal injury lawyer and other factors.
Average Time to Settle a Personal Injury Claim in New York
Data from the US Department of Justice shows that a vast majority of personal injury claims in the country are resolved within a span of 1 to 3 years.
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Once a personal injury case goes to trial, it can take up to 25 months to reach a verdict.
- Nearly 97% of personal injury claims filed in the country are resolved through negotiation or mediation prior to trial.
- Medical malpractice claims and defective product claims generally take a lot longer to settle compared to other types of claims.
Factors That Can Affect the Time It Takes for a Personal Injury Claim to Be Resolved
Complexity of Your Claim
Certain claims can be easy to settle while certain others can be a lot more complicated. For instance, rear-end collision claims are relatively easy to settle, as liability can be easily established using the available evidence. On the other hand, medical malpractice claims can take a lot longer to settle, as proving fault or negligence in these cases is a lot more difficult.
Value of Your Claim
The higher the value of your claim, the longer it usually takes to settle it, as the insurance company will fight as hard as they can to get you to accept a low settlement offer.
Severity of Your Injuries
The more serious your injuries are, the longer it might take for you to make a full recovery or reach maximum medical improvement. Until you do, your attorney might not be able to determine the value of your claim. So, claims involving serious injuries can take a long time to settle.
Liability
If there are multiple parties that can be held liable for your injuries, it can take a long time to settle your claim, as your attorney needs to build a case against each party and gather the evidence needed to establish their liability individually.
Our Personal Injury Attorneys will Fight to Maximize Your Damages in the Shortest Possible Time
If you are looking to file a personal injury claim in New York City, it is critical to have an experienced and capable attorney on your side. Otherwise, your claim might not only drag on for years, but you might not be able to recover the damages you are entitled to as well.
At the Law Offices of Michael S. Lamonsoff, we have more than 100 years of combined experience in handling personal injury claims. We are aware of every trick in the book that insurance companies might use to delay the claims process or to reduce the value of your claim. We have the legal knowledge, resources, and connections to take them and get results that most other law firms cannot.
To discuss your legal options, call us today at 212-962-1020 or write to us online and schedule a free consultation with a seasoned New York personal injury attorney.