Compensation for brain injuries is a monetary award given to a victim of a brain injury caused by an individual or company’s actions or negligence. Patients and families frequently ask how long a settlement will take and how much a brain injury settlement should be. Brain injury lawsuits usually take many months, but move ahead while the patient is receiving ongoing treatment and care.
According to a recent study, approximately 50,000 people die from brain injuries each year, and about 230,000 patients require hospitalization. Almost 1 million patients experience serious impairment as a result of a brain injury. Unfortunately, there is no known cure for severe brain injuries.
Patients with severe brain injuries may be unable to feed, bath or dress themselves. They may need special equipment, modifications made to the home, short-term and long-term therapy, in-home nursing care, specialists, or an out-of-home placement such as a nursing home.
Purvis Gray Thomson, LLP, is a very experienced law firm and will try to obtain a substantial settlement for your brain injury case. Schedule a free consult by calling 303-442-3366.
At least 5.3 million Americans have long-term help to perform their day-to-day activities. The medical costs of brain injury amounts to approximately $48 million per year. Many families are looking at a lifelong commitment to care, which can be very costly.
These factors need to be considered in negotiating a lawsuit settlement amount when a brain injury is involved:
Our attorneys can explain these factors in greater detail. We will also be able to offer more individualized legal guidance. Send us an email with basic information and we will reach out to schedule a free initial consultation.