Average Workers Comp Settlement In Michigan

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Get Help From our Michigan Workers’ Comp Lawyers Today
You’re not alone. Our Michigan workers’ comp lawyers have been called the best in the state, and we pride ourselves on providing you with care, trust, and responsiveness.

Find out the value of your case and why having an experienced workers comp lawyer on your side can make all the difference.

The average workers comp settlement in 2012 was only $61,960.62. This represents a small decline from the year before. Lower wages across the state and changes to the law have caused a negative impact on settlement amounts.

Most people are shocked to hear this statistic because it does not sound like very much money. This is especially true for a person who might not be able to work again or needs extensive future medical treatment.

Insurance companies consider settlements like any other business decision. The goal is to minimize the amount of money that needs to be paid. An experienced workers comp lawyer can help you get fair value.

How to increase your settlement amount

Workers comp settlements depend upon how much the insurance company anticipates paying in past and future benefits. This can be broken down into two main categories, wage loss and medical benefits.

Wage loss equals 80% of your after-tax average weekly wage. This amount can be reduced even further if you are found partially disabled by the insurance company. An experienced workers comp lawyer will be able to challenge an unfair decision and ensure higher weekly payments. This will result in an overall larger settlement.

Medical treatment must also be paid if it is reasonable, necessary and related to your injury. Insurance companies typically dispute medical to save money on claims. An experienced workers comp lawyer can take the deposition of your doctor and show that future medical is appropriate. This will increase the overall value of your settlement.

Add the cost of wage loss to future medical treatment and compute a settlement amount. Most insurance companies will not pay much more than five years of workers comp upfront.

How to find a workers comp lawyer

Meet any potential workers comp lawyer face-to-face. It is important to have trust and faith in your legal counsel. This consultation should be free.

Fees on settlements range from 10% if you are being paid voluntarily to a maximum of 15% for a disputed case. An experienced workers comp lawyer can easily increase the value of your settlement to offset this charge.

To speak with one of our workers comp lawyers in Michigan, call (855) 221-2667 for a free telephone consultation. We will fight to make sure you get all the benefits that are owed.

Alex Berman is the founder of the law firm. He’s been representing injured and disabled workers exclusively for more than 35 years. Alex has helped countless people obtain workers comp benefits and never charges a fee to evaluate a case.

Related Information:

Injured at work? Advice from a Michigan workers comp lawyer

– Photo courtesy of Creative Commons, by 401(K) 2013.

09/01/2013

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Author Bio Jeffrey Kaufman

Author
Jeffrey E. Kaufman
Michigan Workers Comp Attorney

Jeffrey E. Kaufman has extensive experience in workers compensation cases and has recovered millions of dollars in benefits for his clients. He believes all injured workers deserve to be on equal footing with insurance companies and employers, and fights tenaciously so their rights are secured and protected.


“Jeff also helped me with getting my Blue Cross bills paid. I would absolutely recommend him and the whole firm. Jeff and the firm did everything they were supposed to do for me and my case.”
Ricardo Perfetto

Hundreds of 5-Star Reviews

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Get Help From our Michigan Workers’ Comp Lawyers Today

You’re not alone. Our Michigan workers’ comp lawyers have been called the best in the state, and our clients love how they’re treated with care, respect, and responsiveness. We will give you the time you need, we will explain your legal rights, and we will always treat you with respect.

Our workers’ compensation and Social Security disability lawyers always put your needs first. Get to know your legal team.

Our attorneys post regularly about common issues related to workers’ comp, including common injuries, settlement calculations, laws, and more.

Injured? It’s Time to Get Some Answers

Don’t let the insurance adjuster push you around. Request your free consultation today.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Our attorneys post regularly about common issues related to workers’ comp, including common injuries, settlement calculations, laws, and more.

Our workers’ compensation and Social Security disability lawyers always put your needs first. Get to know your legal team.