Settlement FAQs

Q: How will I know when we’ve received a settlement offer?

A: We notify you immediately when any offer is made. Every offer is reviewed and discussed with you before any decision is made. We’ll explain the pros and cons, expected timelines, and how the offer compares to the likely trial range. No settlement happens without your written approval.

Q: How are settlement amounts negotiated?

A: We calculate your case’s value using medical expenses, lost wages, future care needs, and non-economic damages (pain, suffering, and loss of enjoyment). We compare that against jury verdict data, prior settlements, and risk factors like liability disputes or coverage limits. Negotiations happen through written demands, phone conferences, or mediation.

Q: How long does it take to receive settlement funds?

A: Usually 30–90 days after signing the settlement agreement and release. The timeline depends on the defendant’s payment procedures, lienholder responses, and bank processing times. Cruise lines and major insurers often take the full 60–90 days to issue payment.

Q: Why do I have to sign a release?

A: A Release of Claims is required by law to finalize settlement. By signing, you agree that the matter is fully resolved and no further claims will be made. We review every clause with you—especially confidentiality, indemnity, and medical bill provisions—to ensure fairness and accuracy.

Q: Who pays my medical bills from the settlement?

A: We handle that as part of lien resolution. Medical providers, insurers, and government programs (Medicare, Medicaid, ERISA, etc.) are paid from the gross settlement before you receive your net share. You’ll get a detailed accounting showing each payment.

Q: When will I receive my share of the settlement?

A: Once the settlement funds clear and all liens and costs are verified, we issue your payment. You’ll receive a written Closing Statement showing:

  • Gross settlement amount
  • Attorney’s fees
  • Case costs (filing, experts, records, etc.)
  • Medical and lien payments
  • Your final net recovery

Q: What if I disagree with a proposed settlement amount?

A: You always control whether to accept or reject an offer. Our job is to advise, not decide. If you reject an offer, we continue negotiations or move toward trial depending on your goals.

Q: Are settlements confidential?

A: Generally, yes because most defendants request confidentiality clauses preventing disclosure of the amount or terms. We’ll explain the scope and any exceptions before you sign.

Q: What if a lienholder or insurance company delays payment?

A: We stay involved until every lien is resolved. Some entities—such as Medicare or Health Insurance—take time to calculate final payoff amounts. During this period, your settlement funds remain in our trust account to ensure compliance and accuracy.

Q: Can I receive my settlement by wire transfer instead of check?

A: Yes. Most clients choose direct wire transfer for faster access and tracking. We can securely wire funds to your designated account once all required clearances and lien payments are complete.

Client Reviews

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Louis and his team exceeded any and all expectations while working on my case. He was very thorough, and communicated with me every step of the way. Louis was extremely patient with me in explaining things in...

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I had the opportunity to speak with Louis several times in re: to a cruise related incident I was involved in. Louis spent a great deal of time with me, on several occasions, offering professional...

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Fantastic attorney. Highly recommended! He specialized in PI, but has knowledge and staff that work in family law as well. Came in for a consultation, and left, not only well informed, but felt that he truly...

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When you want someone to take on the big guys, Holzberg Legal is who I had and would want in the fight. The big corporations have big and powerful legal teams fighting you all the way. You want the hard working...

David

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Patrick

Atty. Glenn J. Holzberg represented my wife for a personal injury claim (boat accident). It was our first and only lawsuit so we didn’t know which attorney to secure. Then one of our attorney friends...

Anonymous

Mr. Holzberg represented me in a slip and fall injury which occurred on a cruise ship. The style and placement of the deck chairs on the ship was called into question as to safety. Due to the nature of...

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