What is the average settlement for an asbestos-related lawsuit?

The average settlement amount for an asbestos-related lawsuit in Washington depends on a variety of factors, such as the severity of the illness, the number of companies responsible for the exposure, the length of time asbestos fibers were inhaled by the victim, and any damages caused by the illness. Generally, the average settlement amount can range anywhere from tens of thousands of dollars to millions of dollars. Most asbestos-related lawsuits have gone through the court system and have been settled before reaching a jury verdict. Pre-trial settlements can range depending on the amount of evidence presented, the type of asbestos exposure, and the amount of medical bills and damages the victim has accumulated. The settlement amount will also be based on whether or not there are multiple defendants in the case. In cases where a jury was involved, settlements can range from hundreds of thousands of dollars to tens of millions of dollars. This will depend on the severity of the illness, the number of negligent defendants, the amount of damages caused by the asbestos exposure, and, if applicable, whether or not punitive damages were awarded. Overall, the amount of the settlement in an asbestos-related lawsuit in Washington will depend on the specific details of the case. Generally speaking, settlements in these types of cases have ranged from tens of thousands of dollars to tens of millions of dollars.

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