If I win, how will I receive my compensation?
There are two ways a claimant can receive compensation if their claim is successful, but one is much more common than the other. The more common method is known as a structured settlement. As many defendants either don’t have the money to pay out a full settlement immediately or would financially prefer not to, they may break up their settlement over regular payment intervals. Over time, the full settlement amount is paid to the claimant. The less common method, known as a lump sum, is to pay a claimant their full settlement at once.
If you would like to learn more about the details of personal injury lawsuits and what to expect if you file a claim, we can help you better understand how these claims work. To discuss your claim in further detail with a knowledgeable legal professional, contact the Cincinnati personal injury attorneys of Stepleton Dugan, LLC, by calling 513-321-7733 today.