Why Does It Take So Long to Get a Settlement?

When you are dealing with a personal injury claim that involves a large amount of damages and substantial compensation, it can take a long time to get a settlement. This is because the insurance company may be faced with the possibility of paying significant damages and may deliberately prolong negotiations. Neil Shouse, a Personal Injury Lawyer in Georgetown, former Los Angeles prosecutor and graduate of the University of Berkeley and Harvard Law School, is an expert in personal injury cases. He has been recognized by National Trial Lawyers as one of the 100 best criminal lawyers and one of the 100 best civil lawyers. He has also appeared on CNN, Good Morning America, Dr.

Phil, The Today Show and Court TV. Your injuries may not have improved to the maximum from a medical point of view, which can also delay the settlement process. Insurance companies are aware that if they wait long enough, you may be willing to accept a lower settlement amount due to financial pressures. It is important to remember that insurance companies are in business to make money and they will do whatever they can to minimize their losses.

They may try to delay the settlement process as long as possible in order to reduce their liability. If you are dealing with a personal injury claim, it is important to have an experienced lawyer on your side who can help you navigate the legal system and ensure that you get the compensation you deserve. An experienced lawyer will be able to negotiate with the insurance company on your behalf and ensure that your rights are protected throughout the process.