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Mesothelioma Compensation
Last Updated:
- May 12, 2025
Mesothelioma patients may receive millions of dollars in settlements, trial verdicts, and trust fund payouts to help pay for medical bills, lost wages, pain and suffering, and other losses. These funds also can provide financial security for families when a loved one can no longer work or dies from mesothelioma. An experienced mesothelioma lawyer can explain how the facts of your case may affect your potential compensation and help you determine the best route toward financial recovery.
Key Facts on Mesothelioma Compensation
Compensation Options:
Mesothelioma lawsuit and asbestos trust funds
Settlement Payout:
May range between $500,000 and $10 million
Verdict Payout:
Varies, but may reach $20 million
Asbestos Trust Payout:
Can reach as high as $500,000
How Much is the Average Mesothelioma Settlement?
Generally, aggregate mesothelioma settlements may range from $500,000 to $10 million for cases that donโt go to trial, while trial verdicts vary and may reach $20 million. If your lawsuit does not settle and your case goes to trial, it may take longer to resolve, but the payout may be higher. However, every case is unique, and results vary depending on the facts of each case. A qualified mesothelioma lawyer may negotiate a settlement for you and provide advice on whether to accept the offer or pursue a jury trial.
Our sponsor, Baron & Budd, P.C., has achieved some of the largest verdicts and settlements of their kind for Louisiana families struggling with mesothelioma and for those who have lost loved ones to the illness. Some of their largest mesothelioma verdicts and settlements include the following:
$36.7 Million
for a retired Local 60 pipefitterโ the largest asbestos verdict for a single client in Louisiana
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$8 Million
for a Local 53 insulator diagnosed with malignant pleural mesothelioma
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$7 Million
for a boilermaker who worked at many of the petrochemical facilities along the Mississippi River between New Orleans to Baton Rouge.
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$7 Million
for a Local 198 pipefitter/welder Exposed at Petrochemical Plants Around Baton Rouge.
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Results are not guaranteed and will vary depending on the circumstances of the case.
Types of Mesothelioma Compensation
Depending on the circumstances of their cases, mesothelioma patients might be eligible to file a lawsuit and pursue claims from one or more asbestos trust funds. Key factors include the nature and severity of their illness, when and where they were exposed to asbestos, and how many companies can be held liable.
1) Mesothelioma Lawsuit: You may be eligible to file a mesothelioma lawsuit against the parties responsible for your exposure, such as asbestos product manufacturers, job site owners, past employers, and asbestos insulation installers.
2) Asbestos Trust Funds: If a responsible party has filed for bankruptcy protection, you may be eligible to file a claim for compensation from the various asbestos trust funds. The trusts currently contain about $30 billion in combined funds.
Asbestos trust fund claims and mesothelioma lawsuit settlements or verdicts vary in several waysโin particular, the amount of compensation that can be recovered and the timeline for recovery. Trust fund claims tend to resolve more quickly than lawsuits, but the compensation is typically lower.
ย | Asbestos Trust Fund Claim | Asbestos Lawsuit |
---|---|---|
Timeline | Three months to 15 months | Nine months to two years |
Compensation Amount | Often reduced payouts due to trust fund payment percentage | Potentially higher payouts |
Process | No court involvement; avoids litigation | Requires legal representation and court proceedings |
Deadline | Varies by trust and is often more flexible | Governed by state statutes of limitations |
Who Is Eligible for Mesothelioma Compensation?
Anyone diagnosed with an asbestos-related illness, such as mesothelioma from asbestos exposure, is eligible for mesothelioma compensation. Additionally, family members of those who have died from asbestos-related diseases, such as lung cancer, may be able to recover damages for the wrongful death.
For trust fund claims, each fund has its own eligibility requirements based on illness, exposure timeline, disease timeline, and disease severity. All asbestos trust funds and mesothelioma lawsuits require you to produce evidence of your asbestos exposure and mesothelioma diagnosis. An experienced mesothelioma attorney can help prove your exposure history and track your medical records to show a correlation between the exposure and the diagnosis, maximizing your chance of receiving full and fair compensation.
Questions About Compensation?
Louisiana Mesothelioma Advocates can answer your questions and provide you with helpful information.
How Long Do Mesothelioma Payouts Take?
Mesothelioma lawsuits typically last between nine months and two years. Most of these lawsuits settle out of court, which will likely take less time. If they proceed to a jury trial, compensation awarded is typically higher, but takes longer to receive. Asbestos trust fund claims are the quickest option, often resolving within a few months. Filing your lawsuit and/or trust fund claims soon after your mesothelioma diagnosis or your loved oneโs death may accelerate the process of receiving compensation.
Mesothelioma Compensation Stories
Our sponsor, Baron & Budd, P.C., has secured compensation for numerous mesothelioma patients and their families throughout Louisiana. Read some of their stories below.
File for Mesothelioma Compensation Today
At Louisiana Mesothelioma Advocates, we will connect you with the mesothelioma attorneys at our sponsor, Baron & Budd, P.C., who can advise you on the best path toward compensation, ensure your claims are timely filed, and handle all the legal details. Mesothelioma cases require a dedicated and resourceful firm like Baron & Budd, P.C. to handle them.
Content Reviewed by
Todd Kale
Todd Kale meets with mesothelioma patients and their families across Louisiana to investigate their asbestos exposure, providing compassionate support and guidance during a difficult time.