A settlement happens when your attorney and opposing counsel come to an agreement on the damages, medical bills, lost wages, and other expenses. Your exact settlement amount will vary depending on several circumstances, including your level of injury, the type of accident, your employment status, and what sort of bills you’ve acquired as a result of someone else’s negligence. Your attorney will fight for you at no upfront cost with no hourly fees but will take a reasonable fee from your final recovery settlement.
The process isn’t instant: Your attorney won’t take the first offer, but will instead negotiate with opposing counsel to get a dollar amount that is suitable to your circumstances. Once both parties agree on an appropriate amount, it can take up to 6 weeks to get your money.