Hensley Law Office, PSC - Personal Injury
Call Us For A Consultation Today
606-393-6407
View Our Practice Areas

When should you take a workers' comp settlement?

Kentucky employers and insurers who have lapsed in their duties to provide proper workers' compensation may start out feeling like a trial is a good option. However, you could find that your opponent in a workers' compensation lawsuit, after seeing the evidence you present, might offer a settlement agreement. These agreements would typically involve you receiving money in exchange for dropping the case against the other party.

Give me feel like these types of resolutions the other people off easy. In fact, a settlement is a very common way of ending a civil case. Some conflicts might even reach a conclusion before you would have a chance to file official papers. You probably want to think about a couple of issues before you accept one of these offers.

As explained on FindLaw, settlement offers are often part of a long-term defense strategy. The initial amount an insurer or an employer might offer you could represent their best-case scenario, with little regard to the strength of your case. If this amount could meet your minimum requirements for maintaining your quality of life and recovering from your injuries, it could turn out to be a good deal. However, this is rarely the case, especially with serious workplace injuries.

You may want to sit down and examine your important financial documents, such as medical bills, home loans and annual household budgets before you set your minimum requirements for an injury settlement. Everyone's situation is different, so it would be next to impossible to estimate a figure without taking a look at the details of your case. Please do not regard this as specific legal advice. It is only educational material.

No Comments

Leave a comment
Comment Information

Contact The Firm

Email Us For A Response

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Map

Firm Location

105 Thompson Rd
Russell, KY 41169

Phone: 606-393-6407
Fax: 606-836-6458
Map & Directions