06: The Costs of Product Liability Litigation

There are many factors to consider when taking a product liability case to court, including the financial costs. Even after you win your case, there are litigation and other costs and payments that have to be handled. In today’s podcast, Product Liability Lawyer Clay Hodges talks about how to manage these costs after your lawsuit is won, the financial differences between winning through a settlement or jury trial, and additional expenses that may impact your net award. Tune into this episode of Failed Hips and Harmful Drugs for more on what happens next after your settlement is complete.

Show Highlights:

What happens after you win your settlement
Paying back litigation expenses
When expert witnesses are necessary and how they are paid
Dealing with hard costs and unpaid medical bills
The repayment for health insurance benefits
Health care liens
Paying attorneys with a contingency fee
Consolidated federal court and MDL cases
When a common benefit fee is subtracted from settlement awards
Factors that reduce attorney’s overall award and your net recovery
How to determine whether taking the case to court is worth it

Links:

To contact Clay for questions regarding failed medical devices or defective drugs: 919.546.8788

https://www.northcarolinaproductliabilitylawyer.com/category/podcast/

★★★★★

I was involved in a case for the faulty hip replacements. Clay Hodges represented me. I can't say enough about how much he has helped me. Clay was able to win multiple settlements on my behalf with most of them being the maximum amount able to be awarded. Matt J.

Clay, thank you sir for making a disheartening experience at least palatable, you and your staff were honest, caring and understanding through the entire process of my wife’s hip replacements, while monetary settlements never make the pain and suffering end, it sometimes is the only way people can fight back to right a wrong. J. V.

We are absolutely pleased with how Clay Hodges handled my husband’s hip replacement claim. He always kept us informed of the progress. And, his work resulted in a settlement which we are extremely pleased. Thank you, Clay! Carol L. & Norm L.