Because it involves a third party, usually a professional mediator, attorney-mediator, or former commissioner or judge, mediation can still wind up costing between a few thousand and $10,000, on average, depending on how long the mediation takes and how much is involved. Mediation usually costs...
MunichRe’s Guth said the industry has been engaged at getting third-party litigation funding disclosure and developing rules for how plaintiff’s attorneys can advertise. “Having early attorney involvement, even if they’re hidden, seems to be driving the claims” said Guth. “A lot of that ...
So for this hypothetical, the total settlement compensation payout is $2.43 million. Best Path to Figure Out Settlement Amount What I recommend is looking at other cases to get a better idea of the settlement and verdict ranges of the case. We provide a ton of resources in this regard ont...