Medical Malpractice Settlement Statistics – What Does Compensation to Medical Malpractice Victims Look Like in Other Cases?

When a New York City patient who was ill or injured is even further harmed by the negligence of their doctor or medical team, they may wonder what remedies in other similar medical malpractice victims have obtained under New York City laws. Indeed, when a person is injured by their doctor’s medical malpractice, they may be entitled to compensation for their injuries and losses under New York medical malpractice laws, but it is not always clear what that remedy might be. The truth of the matter is that how much compensation a person may obtain in their New York City medical malpractice lawsuit depends on a number of factors, such as the nature of the case, the extent of the victim’s injuries, whether the liable parties are willing to settle or whether there will be a full-blown trial, and many other factors. However, to help New York City medical malpractice victims better understand some of the key figures in medical malpractice lawsuits throughout the United States, we discuss some recent medical malpractice settlement statistics here.

Medical Malpractice in Numbers: What is the Average Medical Malpractice Settlement in 2024?

New York City medical malpractice victims and survivors may be interested to know what the average medical malpractice settlement is in the year 2024. According to Forbes Advisor, the average medical malpractice settlement in the United States in 2024 is approximately $329,565, taking the average of medical malpractice settlements between the years 2009 and 2014. Importantly, the number reflects the average, which may include some very high settlements, and some very low settlements. Again, how much a medical malpractice lawsuit in New York City may settle for depends on the case at hand. Therefore, it is best to speak with an experienced New York City medical malpractice about your specific case for a better idea of what potential compensation in your case might look like.

Cases with Highest Medical Malpractice Settlements

According to Forbes Advisor, the cases where medical malpractice plaintiffs typically see the highest settlement amounts are in cases where unnecessary procedures were performed and where doctors failed to treat fetal distress. One of the most recent highest medical malpractice settlements reported was in 2019 in a case involving the victim suffering a brain injury during childbirth. That case reportedly resulted in a medical malpractice settlement of $205 million.

Where to Turn for Help with Your New York City Medical Malpractice Case

If you were injured by your doctor or medical team’s medical malpractice in New York City, it is important to chat with an experienced New York City medical malpractice lawyer as soon as possible about your rights and options for compensation. The experienced New York City medical malpractice lawyers at the law firm of Michael Gunzburg, P.C. are here to help New York City medical malpractice victims get justice due for their injuries and losses. Do not hesitate to speak with an experienced lawyer about your case today. Contact Michael Gunzburg, P.C. and speak to a lawyer about your case now.

Source:

forbes.com/advisor/legal/personal-injury/medical-malpractice-statistics/

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About Michael Gunzburg

Michael Gunzburg is a New York City personal injury and medical malpractice attorney with over 37 years of trial experience. He has represented thousands of injured clients throughout New York City's five boroughs, securing numerous multimillion-dollar verdicts and settlements, including a $20 million structured settlement for a birth injury case and a $10.1 million settlement for a construction accident victim.

Michael holds a Juris Doctorate from Brooklyn Law School and is also a Certified Public Accountant, giving him unique insight into complex financial aspects of injury cases. He is admitted to practice in New York State Courts and the U.S. District Courts for the Southern and Eastern Districts of New York.

A member of the New York State Trial Lawyers Association and the American Association of Justice, Michael has argued cases before the New York Court of Appeals and has been a member of the Brooklyn Bar Association's legal referral panel since 1989. He handles cases involving car accidents, construction injuries, medical malpractice, and wrongful death throughout NYC.

The information in this post is for educational purposes and does not constitute legal advice. For specific guidance about your situation, contact Michael Gunzburg, P.C. at 212-725-8500.