More than 255,000 people die each year due to asbestos-related illnesses, such as mesothelioma and lung cancer. Most of these persons pursue a legal approach to getting compensated by the parties involved in exposing them to asbestos. There are two ways to approach an asbestos-related lawsuit. You can choose a class action suit or decide to pursue an individual lawsuit.
Each approach has its benefits and risks. This article explores class action lawsuits versus individual lawsuits for asbestos exposure to help you make the best decision for your situation.
Pros of Class Action Lawsuits for Asbestos Exposure
- A class action lawsuit is more suitable if you are a group of workers and you were exposed to asbestos at the workplace.
- Class action lawsuits streamline the legal process, enhancing the chances of getting a favorable outcome.
- Class action lawsuits are also cost-effective as all plaintiffs cost-share the financial burden.
Cons of Class Action Lawsuit for Asbestos Exposure
- All plaintiffs are usually awarded the same compensation, whereas one plaintiff’s case is not the same as the other plaintiff’s case, especially regarding the severity of the asbestos-related illness.
- More often than not, class action lawsuits do not receive as much compensation as those filed by individuals.
- Resolving a class action lawsuit can take longer, which delays compensations for plaintiffs needing financial support for medical treatments and related expenses.
What Is an Individual Lawsuit?
An individual lawsuit for asbestos exposure refers to the search for compensation from companies responsible for one person or their family. In such cases, it is a single individual against an accused company.
Currently, individual lawsuits are the most preferred way to seek compensation for asbestos exposure, and here’s why:
- An individual lawsuit promises a higher, more personalized compensation because it is tailored to your specific circumstances, like your medical expenses, pain, and suffering.
- You get to enjoy better control over your case, and your lawyer will advise whether you should accept the settlement or proceed with the case to trial.
- The chances of getting a speedy resolution are higher in individual lawsuits for asbestos exposure, especially when the parties involved decide to settle the matter out of court.
Choose the Right Legal Strategy for Your Asbestos Case
You stand to enjoy greater benefits when choosing an individual lawsuit than when settling for a class action. At Pourciau Law Firm, serving Baton Rouge and New Orleans, we understand the complexities involved in asbestos litigation and are here to guide you. Contact us today for a personalized consultation and to discuss which legal path aligns with your best interests.