What is the average settlement amount for a catastrophic injury case?

The average settlement amount for a catastrophic injury case in North Carolina varies based on many factors. Some of these factors include the severity of the injury, the amount of lost wages, and the amount of medical bills incurred. Other factors include the amount of income the injured individual was expected to receive and any permanent disabilities that result from the injury. In North Carolina, the average settlement for catastrophic injury cases is significantly higher than for other types of injury cases. This is due to the fact that a catastrophic injury often requires long-term or permanent medical care and can severely limit an individual’s ability to work and earn a living. Due to the fact that the settlement amount for a catastrophic injury case varies greatly on an individual basis, it is difficult to give an exact figure for the average settlement amount. However, research suggests that the average settlement amount for a catastrophic injury case in North Carolina can range from $50,000 to $2 million. This amount could be higher or lower depending on the specific circumstances of the case. In addition, it is important to consider that a settlement amount can often take a long time to negotiate due to the complexity of these types of cases. The injured individual should also consider speaking with an experienced catastrophic injury attorney who will understand the nuances of negotiating a higher settlement amount.

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What is the average settlement amount for a catastrophic injury case?

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