You face numerous challenges after a workplace injury — medical treatments, pain management, vocational training, and sometimes lost income and diminished earning capacity. To ease the substantial burden on you and your family, you may initially feel tempted to accept a lump sum payment of your rightful workers compensation. A lump sum settlement provides needed support during troubled times, however, the settlement amount often represents only a portion of the payments you should and could receive.
The Cincinnati workers compensation lawyers at the law firm of Weisser & Wolf have more than 70 years of combined experience representing clients in workers compensation settlement negotiations. With two Ohio Bar certified workers compensation specialists on our team, we have the refined skills to guide employers and the Bureau of Workers’ Compensation (BWC) toward fair and equitable agreements. When settlement is not in your best interest, we advise you on maximizing your recovery through other types of workers compensation payments or a personal injury lawsuit.
After you, your employer and the Bureau of Workers Compensation have agreed on the amount of money you will receive for your injuries, you must file an application with BWC for approval. The Industrial Commission of Ohio may review your settlement to ensure fairness, but does not represent you personally in the settlement proceedings. BWC’s mailing of the settlement agreement triggers a 30-day waiting period, after which the agreement becomes permanent.
A workers compensation settlement permanently resolves all past, present and future medical awards and liability claims you have against your employer, known or unknown. You cannot sue your employer or demand additional compensation if you subsequently learn that your injuries are more severe than you originally believed. Some corporations cunningly press you to settle when you have better options available. In addition, you may not fully understand your rights and settle for less than you are entitled to. Retaining sophisticated legal counsel who understands the process is crucial to obtaining the compensation you deserve.
The Cincinnati law firm of Weisser & Wolf represents clients throughout northern Kentucky and Ohio, including Hamilton, Butler, Clermont and Warren counties.
Call Weisser & Wolf at 513-721-3236 or contact us online to schedule your free consultation.