Skilled Attorneys Negotiating New York Workers' Compensation Settlements
Our attorneys diligently advocate for the best workman's comp settlement possible
A settlement between an injured employee and the employer's workers' compensation insurance company can be beneficial to both sides because it brings closure to the case and allows both sides to move on. By agreeing to a settlement, the amount of your workers' compensation benefits will be determined in one lump sum as opposed to going through the system. However, it is important to keep in mind that settlement agreements should meet your needs now and down the road. Future medical needs are sometimes difficult to predict and underestimating them can leave you with a mountain of debt and no way to pay. If you are having trouble deciding what is best for you, our knowledgeable attorneys at Severance, Burko, Spalter & Masone, PC are here to help you.
We consider all the options to get you the most out of your claim
Even if you settle your workers' compensation case, you may still be able to receive Social Security Disability and Medicare benefits. You also have the option to work on a part-time basis and can recover from a third-party tortfeasor. However, by agreeing to a settlement you forego your right to additional financial and medical benefits through workman's compensation. In our state, Section 32 of the New York State Workers' Compensation Law allows insurance carriers and claimants to agree to settlements to avoid timely, costly litigation. Here are some details regarding "Section 32 Settlements":
- They must be approved by the Workers' Compensation Board
- It results in a one-time, lump sum reward
- The settlement cannot be appealed and cannot be reopened
- If the claimant is receiving Social Security Disability Benefits and is likely to receive Medicare benefits within the next 3 years, a portion of the settlement will go to Medicare Set Aside
- It is best to consult with an attorney to determine what is best for you under your particular circumstances. Our dedicated legal team is available to begin helping you today.
We are New York's preeminent workers' compensation settlement lawyers
Our New York workers' compensation settlement lawyers at Severance, Burko, Spalter & Masone, PC strive to protect and safeguard working class citizens in Kings and Richmond counties and the surrounding areas. Our firm has a longstanding history of negotiating favorable settlements with employers and their insurance companies. We keep you informed about case progress and ongoing negotiations to ensure you are fully aware of the status of your case. We know what to look out for such as predicting future medical needs and adjusting settlement agreements to account for inflation.
Set up an appointment with us today and we will help you get a fair settlement
The law offices of Severance, Burko, Spalter & Masone, PC has over 35 years of experience handling workers' compensation and disability cases. We have a proven track record of getting our clients settlement agreements they are satisfied with by diligently representing them through each step of the process. Contact us at (718) 625-2300 to set up an appointment at our Brooklyn or Staten Island offices. We are looking forward to getting your case settled in your favor.