What You Need To Know About Caps And Settlements
With a focus on workers’ compensation claims, the attorneys at Silverman, Silverman & Seligman, P.C., are dedicated to representing injured workers, protecting their rights and pursuing the maximum compensation they are entitled to under the law. They need an experienced and knowledgeable attorney who will simplify a complex and sometimes frustrating process. During this difficult time, we remain at their side, providing compassionate advocacy and answering any and all questions they have.
When A Disability Is Truly Permanent
Prior to July of 2007, permanent partial disability (PPD) meant just that. A PPD in the neck or back meant that you could not go back to work permanently and you would receive benefits indefinitely. In our 40 years of handling workers’ compensation claims at Silverman, Silverman & Seligman, P.C., in Schenectady, we saw the biggest change in the law several years ago. Benefits are now provided for a temporary window of time based on the extent of the disability. Those payments will stop at some point, denying you necessary finances. Unless, you settle.
While settlements were once discouraged by workers’ compensation boards, they are now encouraged. In fact, they have mandated that claimants (with the help of an attorney) and insurance companies attempt to negotiate, not litigate a resolution. Although medical coverage for those injuries will cease, the advantages of a settlement is a lump sum of money in the bank that can make more money through investments.
Protecting Your Interests Regarding Payouts
If you have experienced a work-related injury that resulted in a permanent partial disability, you can talk with one of our experienced lawyers. Call 518-631-4521 or contact us online for a free initial consultation with a New York work injury compensation attorney. We serve clients in Albany and all upstate Capital District counties.