Taking On A Big Company In An Injury Claim – How To Be Prepared

By David S. Chang

Personal injury claims are complicated because there is always a complex process involved. From gathering evidence to filling out paperwork and negotiating with the insurance company of the other party, there is much that you need to do. And there is always a risk that your claim would be denied or you wouldn’t get a fair value in a settlement. The prospect of the case going into trial can be even more intimidating.

The risk and stress factor can run even higher if you are dealing with a big company, such as in an auto accident or premises injury case. Bigger companies have deep pockets and a strong legal team, so you can expect the battle to get your claim to be a tough one. Still, you must make all the efforts to secure the compensation you deserve. Here are some measures you can take to be prepared.


Have your evidence and records in order

No matter what kind of mishap you are involved in, sufficient evidence is needed to prove your claim. In fact, you will need strong evidence and reports if the other side is big and powerful business. Make sure that any photographs, police report, medical reports, and injury progression notes are well documented and dated.

The opposing counsel will adopt any tactics to weaken the case but solid evidence will make your side stronger. Making a journal log of facts is a good idea because it will prevent any mistakes or discrepancies as you testify during the trial.


Know the fair value of claim

If you are fighting against a big company, they would surelytry to lowball you during the initial negotiations. But you shouldn’t fall for the bait however attractive the proposition of getting a guaranteed check and early closure may seem.

Rather, expert trial attorneys recommend that you must know the fair value of the claim and even opt for a full legal proceeding to get what you deserve. Contacting a seasoned lawyer empowers you to assess every offer carefully and decide whether you should settle or go ahead with the trial.

While they can handle the trial proceedings for you, the professional will also ensure that your interests are protected with proper paperwork in case you choose to settle.


Be ready for the long haul

Big companies have strong backing, both in terms of financial viability and legal representation. Typically, victims do not have comparable resources at their disposal. Still, you should be prepared for the long haul if you want the financial recovery that you rightfully deserve.

You cannot expect to take the first settlement value they offer and negotiations may not always work unless both the parties agree. The case will probably go into trial in such circumstances and there will be a drawn-out legal process that follows. It can be stressful and frustrating, often taking a few months or even more than a year to resolve.

An experienced attorney can work out a quick settlement by convincing the company that it would be as worthwhile for them as their client. So this is the most vital aspect of handling a personal injury case against a big company.

David S. Chang

Award-Winning Entrepreneur, Wealth Manager and CEO | Chief Editor, Author, Keynote Speaker, Consultant ArtofThinkingSmart.com | Political Consultant | Army Officer National Guard | Living To Fulfill Needs, Solve Problems, and Live Passionately!

Categories

FREE Download!

5 Awesome Tips to SMART Productivity

A Step-by-Step Process on How to be More Effective and Efficient at Life!

Top Financial Advisor Blogs And Bloggers – Rankings From Nerd’s Eye View | Kitces.com

Get ATS Updates in Your Inbox!

Get the latest from the ATS blog delivered right to your inbox!

Contact Us

  • This field is for validation purposes and should be left unchanged.