Considerations in taking a Lump Sum Settlement for a NC Workers’ Compensation Claim

Posted on Thursday, April 16th, 2015 at 8:06 am    

Let’s assume your lawyer, you and your doctors have all done their homework. You know how much money you would be entitled to if you didn’t settle, when you’d get the money and for what length of time you’d get the money. The question then becomes – what’s a fair settlement offer? (more…)

What will they offer for a clincher Workers’ Comp agreement in North Carolina?

Posted on Saturday, April 4th, 2015 at 7:55 am    

A Clincher Agreement is “an agreement between the injured worker and the employer/insurance carrier to fully and finally settle the entirety of his or her claim, meaning that the injured worker gives up any and all rights to additional compensation, both medical and monetary, in exchange for a lump sum of money.” (more…)

When will my workers comp settlement take place in North Carolina?

Posted on Thursday, March 26th, 2015 at 10:56 am    

You have to know your status first. Whether you will be offered a Workers’ Compensation settlement in North Carolina depends on many factors.

Disabled Driver Next His CarMedical Treatment Status. First, after the claim is filed and the insurer agrees that you are initially covered, you will focus on getting better. Before even considering a workers’ compensation settlement in North Carolina, it is imperative that you know the full extent of your medical condition and that you have reached the point in your treatment where you are as good and healthy as medical science will allow. First and foremost, you should NOT consider a settlement before you know the full extent of your medical condition and while there’s a chance for improvement. If you are treating with just the company doctor, you should talk to a workers’ compensation lawyer who will explain how and if you can see a doctor of your own choosing to get a second opinion. (more…)

Can Your Lawyer Approve a Workers’ Comp Settlement Without Your Permission in North Carolina?

Posted on Tuesday, March 10th, 2015 at 6:36 pm    

No attorney can or should approve settlement of any legal matter including a North Carolina worker’s compensation case without your permission. Your lawyer works for you and you have the right to be informed and the right to make the decision as to settlement. As a practical matter, workers’ compensation settlements are approved through a strictly enforced process which requires that the client sign off on the settlement before it will be approved. The most a North Carolina Workers’ Compensation lawyer can do is recommend a settlement and explain the pros and cons of settling versus continuing with the litigation. (more…)

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