Pennsylvania Workers’ Compensation Lump Sum Settlements
The Pennsylvania Workers’ Compensation Act allows injured workers and insurance carriers to settle Workers’ Compensation claims for a work-related injury with a workers’ compensation “lump sum” payment rather than weekly or bi-weekly workman’s comp payments. Although accepting a one-time workmen compensation lump sum settlement for past, current and expected lost wages or for both lost wages and medical care benefits may seem attractive when you are feeling the financial strain that often accompanies an injury, it may not be the best resolution of your Workers’ Compensation claim. Because the insurance carriers seek to “bargain” the lowest possible work injury settlement, you need the experienced Philadelphia Workers’ Compensation lawyers at Pearson Koutcher Law, to represent your interests and negotiate the highest possible workplace injury lump sum settlement.
Compromise & Release Agreements
The procedure to settle a Worker’s Compensation case is by a Compromise and Release. The Workers’ Compensation judge handling your matter must approve the Compromise and Release Agreement you sign to settle your case; however, the judge will only be concerned that you understand the terms of the Agreement. Because you are waiving rights to future workers’ compensation benefits or claims, any decision to settle your workman’s comp case should be considered carefully with the assistance of a knowledgeable, workplace injury lawyer. As your attorney representing your best interests, a Workers’ Compensation attorney at Pearson Koutcher Law, will diligently seek to ensure that the workplace accident lump sum settlement is fair and equitable.
Evaluation of Your Workplace Compensation Claim
Our experienced Workers’ compensation attorneys will “value” your case, taking into account numerous factors including, but not limited to:
- the nature and extent of your workplace injury,
- your past, present and expected medical treatments,
- your past, present and future earning potential, and
- your age, education, work history and transferable skills.
Contact Experienced Philadelphia Lump Sum Settlement Attorneys
It is a complicated process to evaluate whether a work related lump sum settlement might be beneficial to you and how much that work injury settlement should be. Focusing solely on Workers’ Compensation matters, the lawyers at Pearson Koutcher Law, have helped many clients throughout Pennsylvania understand the true value of their workplace injury claim, helping many to settle for a fair and equitable lump sum and encouraging others to walk away from an unfair offer. Contact our Philadelphia office today to speak with a competent and compassionate workplace injury attorney who can negotiate the best possible workman’s comp lump sum settlement for you, or help you pursue the Workers’ Compensation benefits due to you under the law.
Pearson Koutcher Law’s work injury lawyers only handle New Jersey, Lehigh Valley, and Philadelphia Workmen Compensation cases. We provide our clients with outstanding results through hard work, strong lines of communication, and mutual respect. All clients are given the number for the work comp lawyer handling their case and are encouraged to call whenever needed. We always strive to offer impeccable service and communication in your time of need.
Pearson Koutcher Law
1650 Arch Street
Philadelphia, PA 19103
Bethlehem Office serving the Lehigh Valley
528 Maple Street,
Bethlehem, PA 18018