Settlement: The Light at the End of the Tunnel
Navigating through a workers’ compensation case can not only be financially difficult, it can also be emotionally draining. Many times being involved in a work related injury will be life changing. As you move through your medical treatment, we will be with you every step of the way to guide you through the process. There will come a time during your case when you will reach a plateau in your medical treatment. This plateau is referred to as “maximum medical improvement”. It is at this time that the decision process will begin regarding when would be the appropriate time to settle your workers’ compensation case. This is a challenging decision because settlement involves resignation from your employment and having to pay for your medical treatment on your own. Many injured workers find the workers’ compensation system to be extremely stressful, and after settlement, that feel a huge sense of relief because they regain control of their lives.
Most workers’ compensation attorneys will not even discuss their settlement evaluation with their clients. They simply send a settlement demand to the employer/insurer. That is where our law firm differs from the rest! Our clients are like family to us, and while it is our job to advise you of the benefits that you are legally entitled to, settlement is not only a business decision, it is a life decision. What will you do from here? How will you be able to make a living with your “new normal”? Who will employ you after your injury? How will you obtain medical treatment in the future? These are all very important questions and while it is your life, we are here to offer guidance, encouragement and wisdom because we know that there is life after a work related accident.
There are very few times in life where there is an opportunity for anyone to receive a lump sum, tax free settlement. Some clients pay off their mortgage because that is their most expensive monthly expense. Others use the settlement funds to start a new business that is less physically demanding than the work they have done before. Still others use the settlement funds to go back to school to be retrained for a lighter duty occupation. The possibilities are endless and we will be with you during the settlement process to ensure that you make the right decision for you and your family.