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Personal InjuryFebruary 15, 20230 comments

How Are Personal Injury Settlements Paid Out?

Wondering what happens when you trip and fall on a broken piece of a sidewalk? If it’s located in front of a business, the business owner could be found negligent (that is if they’re required to upkeep the sidewalks). And if that’s the case, you are entitled to compensation for your injuries and medical bills.

Filing a personal injury settlement removes the stressful burdens of medical expenses, rehabilitation costs, and quality-of-life losses caused by someone else’s negligence. However, it is often a long and confusing process. That’s why The Law Office of Zayed Al-Sayyed is here to clear any confusion.

If you’re wondering how are personal injury settlements paid out, our team covers everything you need to know in today’s blog post:

Filing a Personal Injury Claim 

In Arizona, you can file a personal injury claim anytime within two years of the accident or injury. We first recommend seeking medical attention for your injury, then you should contact a skilled personal injury attorney. Your attorney (like those here at The Law Office of Zayed Al-Sayyed) will notify the other party that a claim has been filed. Then, the process of gathering evidence begins.

How Are Personal Injury Settlements Paid Out?

So, how are personal injury settlements paid out? Well, most lawyers will arrange for a contingency agreement. Essentially, this grants the attorney some percentage of the amount awarded by the court after they win your case.

After winning a personal injury case, your lawyer’s contingency fee will be deducted from the settlement money. Then, you must pay all medical and damage expenses incurred by the accident. After all of the fees are distributed, you’ll be entitled to whatever remainder is left. Most people opt for a lump sum, which means the remainder is distributed in one payment.

How Much Can I Ask For In a Personal Injury Settlement?

There are many factors that play into your personal injury settlement. When deciding how much to ask for, your injuries and damages should be the first to be taken into account. Then, consider any associated fees and costs (court fees, attorney costs, etc.).

Another factor impacting the settlement amount is the plaintiff’s percentage of the blame. The comparative negligence law applies whenever you (the plaintiff) are unable to prove the defending party was entirely responsible for the accident. In that instance, the court rules on your percentage of the blame and requires the defendant to pay accordingly.

Top Personal Injury Attorneys in Phoenix

So, how are personal injury settlements paid out in Arizona? Hopefully, today’s blog provided the clarity you were looking for. However, the best way to ensure you receive compensation for your injuries is to enlist the help of an experienced personal injury attorney.

The Law Office of Zayed Al-Sayyed is relentless in its efforts to remove the stressful burdens of medical expenses, rehabilitation costs, and other expenses incurred by an accident. Contact our team to learn how we can help you receive the compensation you deserve.