Philadelphia Workers' Compensation Settlement Attorneys
Pennsylvania workers' compensation cases are commonly resolved through some form of a lump sum settlement. If you have been injured at work and are contemplating resolving your case through a lump sum settlement, it is important to consult with an experienced attorney who can help you determine if a lump sum settlement is appropriate in your situation.
At Huber & Palsir, our lawyers have vast experience handling Philadelphia lump sum settlements. We leverage our experience to help you weigh your options, anticipate the risks, and define a solution that is in your best interests.
Move on and Get a Fresh Start
Are you incapable of returning to work due to your injuries? Are you facing reduced wages due to your light-duty, modified duty, or sedentary duty return-to-work status? A lump sum settlement can be an appealing solution for both employees and employers, particularly when the injured worker's injuries prevent returning to pre-injury employment.
While employers can be released from ongoing obligations to compensate an employee for lost wages, employees can benefit in many regards:
- Obtain a sizeable one-time payment for lost wages rather than dealing with weekly/bi-weekly workers' compensation checks
- Avoid the risk of benefits being modified or terminated prematurely
- Use the lump sum to start a new business, or pursue other career goals
- Use the lump sum to support your family while you obtain the education and training for alternative career options within your physical limitations
Under Pennsylvania workers' compensation laws, a lump sum settlement can be used to settle wage loss benefits, medical expense benefits, or both wage loss and medical expense benefits. This flexibility allows injured workers to fully weigh their options and pursue a solution that truly fits their needs.
For example, an individual who has sustained a permanent, disabling injury that will require ongoing medical care may not benefit from settling the medical benefits portion of his or her workers' compensation benefits. However, the individual may still seek a lump sum settlement of wage loss benefits and utilize the funds of a structured settlement to get retrained in a new field not restricted by his or her physical limitations.
Contact an Allentown Workers' Comp Settlement Attorney
If you are contemplating a lump sum settlement, talk to our Philadelphia-area workers' compensation lawyers about your rights. Contact our law firm to arrange a free consultation to discuss your unique situation with an attorney.
