Philadelphia + Delaware County Lump Sum Settlements Lawyer

Called Compromises and Releases (C&Rs) under Pennsylvania Workers’ Compensation law, agreeing to a lump sum settlement for all or part of your claim for a work-related injury is a very common practice between employees and their employers’ insurance carrier. Sometimes, a C&R is a preferable method of resolving disputed issues, or of providing an injured worker with the money needed to move on from the work injuries.

If your injuries are quite serious and debilitating, a C&R, or lump sum settlement, can provide guaranteed income for life. Still, lump sum settlements are not always in your best interests. There may be an unseen advantage to waiting for further litigation in the matter. While a Pennsylvania Workers’ Compensation judge must approve all lump sum settlements, the judge is not assessing the fairness of the cash settlement. The judge’s task is to ascertain that the worker understands the settlement and the rights to future benefits and claims that will be given up in exchange for the cash settlement.

Consult with a Philadelphia and Delaware County Workers’ Compensation Lawyer

workers compensation lawyers delaware county

If you are considering a lump sum settlement instead of weekly or bi-weekly benefits in your Workers’ Compensation claim, the Media PA Workers’ Compensation attorneys at the firm of Schmidt, Kirifides & Rassias can offer you a combined total of 60 years experience in negotiating settlements with the well-paid lawyers that will undoubtedly be representing your employer.

Our compassionate Reading PA Workers’ Compensation lawyers will explain the process to you, discuss your options, and represent you at your hearing before the judge. The Workers’ Compensation attorneys at Schmidt, Kirifides & Rassias only represent injured workers, and they will do everything possible to ensure that you receive the maximum compensation possible. Don’t delay in seeking representation—once the settlement is approved by a Workers’ Compensation judge, your claim (or the portion you settled) is over, and it is extremely difficult, if not impossible, to reopen a settled case.

Subrogation May Become an Issue in Workers’ Compensation Settlements

“Subrogation” refers to circumstances in which an insurance company tries to recoup expenses for a claim it paid out when another party should have been responsible for paying at least a portion of that claim. In Workers’ Compensation cases, it is sometimes required that certain insurance benefits paid to the injured worker be paid back from the worker’s lump sum settlement.  For example, if an injured worker is also receiving or is eligible for other types of Disability benefits (such as Social Security, Medicare, Short- or Long-Term Disability or benefits through a Union’s Health & Welfare Fund), these “other” benefit plans may have rights of their own regarding your Workers’ Compensation settlement. They may have the right to be paid back, out your settlement, all or some of what they have paid you.

Additionally, in cases where the injured worker may have a “third-party” lawsuit against an individual or company whose negligence caused the work injury, then the Workers’ Compensation insurance company may have the right to get back some – OR ALL- of the money they paid to the injured worker out of the money recovered from the third-party lawsuit.  The experienced, knowledgeable Reading Workers’ Compensation lawyers at Schmidt, Kirifides & Rassias are focused on maximizing your compensation and have been successful in the past in getting subrogation rights WAIVED.

Pennsylvania Workers’ Compensation lump sum settlements should be carefully considered. Before you rush into negotiation, schedule a free consultation with the experienced Delaware County Workers’ Compensation attorneys at the Media, PA firm of Schmidt, Kirifides & Rassias.

We may suggest an investigation of the impact a lump sum settlement may have on coordination of benefits, or how your overall financial picture may be complicated by other considerations that must be reviewed in addition to Workers’ Compensation matters. Call today at (484) 679-5239 or contact us online to discuss your lump sum settlement option with a knowledgeable Media PA Workers’ Compensation lawyer at Schmidt, Kirifides & Rassias.


  • This field is for validation purposes and should be left unchanged.