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Settlement Timeline Typically, after your attorney has sent a demand letter to the insurance adjuster or other party, it can take anywhere from a few weeks to a couple of months to obtain your settlement.
After accepting an offer of settlement for a personal injury claim you will usually receive your compensation money within 14-28 days from the date of settlement.
Usually, a settlement check is sent to the attorney of record. The attorney may hold the check in a trust or escrow account until it clears. Your attorney will also deduct his or her own share from the settlement funds for the legal services that he or she provided and for the advancement of any legal costs.
After accepting an offer of settlement for a personal injury claim you will usually receive your compensation money within 14-28 days from the date of settlement.
After settling an injury case, your lawyer will simply wait for the insurance company's settlement check to come in the mail. It's different if you won at trial, which could mean an appeals process needs to play out before you will see a check for the court-ordered damages award.
So in a straightforward claim of these natures, the case would ideally settle within 4-9 months. However, some cases are expected to exit this streamlined process due to complexity or liability issues which may then extend the length of time required to reach a settlement.
The demand package is a collection of all the medical bills and documents that illustrate your injuries and wage loss. If the insurance company is unwilling to offer the kind of settlement you deserve, we move into the third stage of the personal injury claims process, litigation.
The demand package is a collection of all the medical bills and documents that illustrate your injuries and wage loss. If the insurance company is unwilling to offer the kind of settlement you deserve, we move into the third stage of the personal injury claims process, litigation.
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