Insider Monkey
Best Workers’ Compensation Lawyers in Each of 30 Biggest Cities in the US
Fatima Gulzar
12 min read

In This Article:

In this article, we are going to discuss the Best Workers' Compensation Lawyers in Each of 30 Biggest Cities in the US. You can skip our detailed analysis of workers’ compensation in the US, workplace injury, and workers’ compensation insurance companies in the US and go directly to the Best Workers' Compensation Lawyers in Each of 10 Biggest Cities in the US. 

Workplace accidents can transpire under various circumstances, potentially resulting in a significant and enduring impact on your ability to work and lead a normal life. Not only can these injuries be excruciating, but they also have the potential to jeopardize the financial stability of your family and impede your capacity to earn a livelihood. By enlisting the assistance of a specialized personal injury lawyer who specializes in workplace injury cases, you may be able to obtain compensation to address your family's needs and cover your medical expenses. 

Workers’ Compensation in the US:  

While workers' compensation is a national benefit in the US, each state has its own set of regulations on it. Workers' compensation rules mandate that the majority of companies pay an insurance premium that subsequently pays for the costs incurred by workers who are hurt on the job (Forbes).

As per the IBIS World analysis report, insurance companies that provide workers' compensation have had difficulty rebounding from the significant damage caused by the COVID-19 outbreak. A sharp decline in interest rates devastated the industry's investment holdings. Rising unemployment, combined with widespread furloughs and the rise of remote work, significantly reduced demand for workers' compensation and decreased industry earnings. The insurance carriers were battling for dominance in a crowded market, causing more catastrophic drops in revenue since the industry was already nearing the bottom of its pricing cycle. Revenue for the industry as a whole has been declining at a compound annual growth rate (CAGR) of 2.9% over the previous five years, and it was anticipated to reach $55.0 billion in 2023, increasing 1.9% on average. 

In the US, the goal of workers’ compensation insurance is to compensate injured employees fairly so they don't have to file a lawsuit. However, the employees might need to take legal action to get the amount they are entitled to if their workers' compensation claim has been rejected or contested. The worker should obtain legal counsel from an experienced attorney. In the event of a work-related accident, the latter can be qualified for wage loss benefits, medical expenses, vocational rehabilitation, and, in the event of a permanent injury, diminished earning potential or future income loss. If a worker is eligible for compensation through other means, such as a Federal Employers' Liability Act (FELA) claim, an attorney can represent him in court and manage the legal proceedings. 

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