At Julie O Law, we specialize in helping injured workers in California obtain the maximum possible compensation for their injuries. An essential part of this process is negotiating settlements with insurance companies.
What is a settlement?
A settlement is a legal contract that resolves a workers’ compensation case. In a settlement, the injured worker agrees to a sum of money in exchange for waiving their right to file a claim in the future.
When should a settlement be negotiated?
Negotiating a settlement is personal and should be made in consultation with an attorney experienced in workers’ compensation cases. In general, a settlement may be a good option if:
- The injured worker needs money quickly to cover medical and living expenses.
- The injured worker wants to avoid the uncertainty and stress of a trial.
- The parties agree on the amount of compensation to be paid.
How is a settlement negotiated?
Negotiating a settlement is a complex process that requires experience and skill. An attorney from Julie O Legal can help you:
- Evaluate the value of your case.
- Prepare a strong claim.
- Negotiate with the insurance company on your behalf.
- Obtain the maximum possible compensation for you.
Tips for negotiating a settlement:
- Prepare yourself. Before starting negotiations, ensure you and your attorney fully understand the value of your case.
- Be realistic. Don’t expect to get more than your case is worth.
- Be flexible. You must be willing to make concessions to settle.
- Don’t give up. Feel free to negotiate if you are unsatisfied with the insurance company’s initial offer.
Negotiating a settlement can be an effective way to resolve a workers’ compensation case. Contact Julie O Law to speak with an experienced attorney if you’re considering negotiating a settlement.
We will help you obtain the maximum possible compensation for your injuries.