Statistics About The Average Pain And Suffering Settlement

In this post, we will be analyzing key statistics related to pain and suffering settlements in personal injury cases. From the average settlements for minor injuries to the likelihood of cases going to trial versus being settled pretrial, these statistics shed light on the intricacies of compensation in the legal realm. Let’s delve into the numbers and understand the landscape of personal injury settlements.

Statistic 1

"The average settlement for a minor injury ranges from $15,000 to $25,000."

Statistic 2

"About 96% of personal injury cases are settled pretrial."

Statistic 3

"Only about 4% of personal injury cases go to trial."

Statistic 4

"Almost 62% of people who don't hire a lawyer get their claim denied."

Statistic 5

"Mediation produces settlements in about 75% of personal injury cases."

Statistic 6

"The average trial verdict for personal injuries is $797,883."

Statistic 7

"Average car accident settlement for pain and suffering is $15,000 to $100,000."

Statistic 8

"The majority of compensation awards in personal injury cases are between $3,000 and $75,000."

Statistic 9

"The median car accident injury verdict is $15,000."

Statistic 10

"About 5% of personal injury cases are medical malpractice cases."

Statistic 11

"Severe brain injury cases can attract settlements from $3.2 to $9.1 million."

In conclusion, personal injury cases can result in a wide range of settlements and verdicts, depending on various factors such as the severity of the injury, whether a lawyer is involved, and the method of resolution. It is evident that pretrial settlements are common, with a high success rate in mediation, while only a small percentage of cases proceed to trial. As such, seeking legal representation and considering alternative dispute resolution methods like mediation can significantly impact the outcome of a personal injury case, potentially leading to more favorable settlements for individuals seeking compensation for pain and suffering.