The value of a personal injury claim depends on the unique facts of the case.

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Personal Injury Settlements

People often ask if there is an average personal injury settlement amount so they can determine the value of their own case.

However, it’s not that simple.

In terms of dollar amount, there is no such thing as an “average” personal injury settlement. The value of a personal injury claim depends on the unique facts of the case, including the plaintiff’s damages, the defendant’s insurance coverage and their level of liability.

As far as attorneys’ fees, most personal injury cases are taken on a contingency fee basis, which means your attorney will only earn their fee if they recover an award on your behalf, either through a settlement or trial. Typical attorneys’ fees for a personal injury case are 33 1/3 % (one-third) of the gross recovery, plus any case related costs and expenses.

Example of how a personal injury settlement of $50,000 might breakdown:

For informational purposes only, let’s assume that “Client X” was involved in a car accident that resulted in a serious injury. Client X hired McDonald Law Firm by signing our typical contingent fee contract with attorneys’ fees of 33 1/3%, plus costs and expenses related to the case. After our attorneys negotiated with the other driver’s insurance company, Client X approved a settlement of $50,000.

Please Note: The personal injury settlement examples here are used for informational purposes only and in no way guarantee or predict an outcome or dollar amount.

Gross Settlement Amount:$50,000
Attorneys’ Fees:$16,666
Case Expenses:$2,000
Medical Expenses Paid:$20,000
Client’s Net Recovery:$11,334

Example of revised breakdown with negotiated medical expenses:

Following a personal injury settlement, many times our legal team will negotiate with your hospital or other medical provider to reduce the amount of medical expenses. With Client X’s settlement above, if we reduce medical expenses by $10,000, then the amount Client X takes home will increase.

Gross Settlement Amount:$50,000
Attorneys’ Fees:$16,666
Case Expenses:$2,000
Medical Expenses Paid:$20,000 reduced to $10,000
Client’s Net Recovery:$21,334

Were you injured?

Let our experienced attorneys get to work for you.

When you hire McDonald Law Firm, rest assured that you are hiring a firm where you and your family’s best interests are always our top priority. Contact us today for a free, no obligation consultation to get your questions answered and learn your potential legal options moving forward.

Contact us today for a free case review: 877-803-2897

Let’s talk.

Call: 877-803-2897
Text: 817-203-0260

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