What is the average cost of an asbestos-related lawsuit?

The average cost of an asbestos-related lawsuit in New York differs depending on a variety of factors, such as the severity of the underlying condition and the amount of money sought in damages. However, on average, asbestos-related lawsuits cost around $150,000-$400,000 in legal fees to litigate. This cost is based on the fact that asbestos-related illnesses, such as mesothelioma, are typically caused by exposure to asbestos over an extended period of time, which means that it takes time to prove and win a case. Other than legal fees, an additional expense that plaintiffs can incur when suing for asbestos-related damages is that of medical care and expenses. This can range from hundreds to thousands of dollars, depending on the course of treatment and the severity of the condition. In some cases, asbestos-related lawsuits may require the involvement of expert witnesses, which can add to the overall cost of the case. This cost can range from a few thousand dollars to tens of thousands of dollars depending upon the qualifications and experience of the expert hired. Additionally, because asbestos-related lawsuits can take years to settle, legal costs can accumulate over time. Overall, the average cost of an asbestos-related lawsuit in New York can vary depending on the factors involved, but it typically costs between $150,000-$400,000 in legal fees, and often more when medical costs and expert witnesses are factored in.

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What is the average cost of an asbestos-related lawsuit?

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