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Lump-Sum Payouts

Northville Workers' Compensation Lump-Sum Settlement Attorney

Michigan Job Injury Claim Lawyer

Negotiation of workers' compensation lump-sum settlements is a highly technical area of workers' compensation law. Although many workers' compensation lawyers may say they are qualified to handle negotiations for workers' compensation lump-sum settlements, you should carefully review the attorney's qualifications before choosing a lawyer to represent you in lump-sum payout negotiations.

In Michigan, lump-sum payouts are called redemption.

The Northville and Ann Arbor workers' compensation lump-sum settlement lawyers at The Corriveau Law Firm have been handling complex job injury claims since 1976. Our attorneys understand the stress and strain that a major work injury places on an entire family, and we use all our legal skills to negotiate full and fair disability benefits settlements.

What Are Lump-Sum Payouts in Workers' Compensation Cases?

Workers' compensation cases based on serious disabilities — especially those that are going to have a long-term payout due to permanent disability — may proceed to a resolution or settling called redemption. A redemption is when the injured worker and the workers' compensation insurance company negotiate a lump-sum payment instead of continuation of weekly workers' compensation payments.

The redemption amount includes all future medical expenses and a compromise regarding the total number of weeks of workers' compensation wage reimbursement the worker would be entitled to.

No specific laws or regulations govern how lump-sum payouts should be structured, which means the quality of the redemption settlement will directly relate to the skills and experience of the attorney who negotiates it.

After a serious workplace injury, choose your attorney carefully. Schedule a free consultation with one of our Northville, Michigan, job injury claim attorneys. Call 248-782-5202 (877-701-4991 toll free) or use our online contact form.

Our attorney fees are set by state law as a percentage of any compensation we are able to obtain for you. If we are unsuccessful, we receive no fees.

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Corriveau Law
324 East Main Street
Northville MI 48167

Toll Free: 877-701-4991
Phone: 248-782-5202
Fax: 248-380-6159
Northville Law Office

1945 Pauline Blvd., Ste. 21 B
Ann Arbor MI 48103
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