Case Highlight: Six-Figure Settlement
We obtained a six figure settlement for our client who was struck by a large truck that ran a stop sign.
Notably, our client suffered a 8 mm lumbar disc herniation which caused major lower back pain. The pain still persisted after receiving two lumbar epidural steroid injections. Our client’s damages totaled $37,372.
The defendant’s insurance company made an initial offer of $38,343. After negotiation, ultimately increased their offer to $43,500. They claimed they could not increase their offer without any new information.
We rejected their offer knowing that our client’s case was worth more. We let them know if they were serious about settling the case before litigation, they needed to get authorization for a six figure settlement.
During about 45 days of constant communication regarding their settlement offer, we maintained that our client need additional treatment and that we were not interested in settling for anywhere near their offer.
Nearly three months after their initial offer, they called to ask about accepting their $43,500 offer. We maintained our client’s position was clear: litigation will result unless they present a six figure settlement offer.
Six days later, the defendant’s insurance company called to present a new offer of $87,100. We rejected. The following day, they increased their offer to $95,000. After negotiations, during the same call, their offer increased to over $100,000.00.
Our client was thankful for our firm’s hard work and ecstatic with his net recovery which was more than what the insurance company initially offered without having to file a lawsuit.