Personal Injury Settlement Calculator
Comprehensive settlement management
Simplify complex settlement processes with an all-in-one platform
Our settlement calculator puts everything you need in one intuitive system. From calculating medical expenses and non-economic damages to tracking offers, attorney fees, and liens, Cloudlex streamlines settlement management for your entire firm.
Personal Injury Settlement Calculator
Effortless management and streamlined calculations
Manage demands and offers with ease
With CloudLex, every attorney in your firm can log offers, counteroffers, and expenses in one centralized system. Our settlement calculator effortlessly calculates attorney fee recovery, client recovery, and even referral fees.
Comprehensive management of negotiations
Settlement negotiations can get complicated quickly. CloudLex centralizes all demands, payment requests, and offers from the insurance company so your team can stay informed and move cases forward efficiently.
Automatically retrieve liens, medical and expenses for settlement calculation
Manual data entry slows you down and can leave room for costly errors. CloudLex automatically pulls in liens, medical bills, and related expenses into the personal injury settlement calculator, so every calculation is precise, every time.
Personal Injury Settlement Calculator
PI law firm settlements made simple
Drive higher settlements with smart reporting
Our legal analytics and reporting tools let you track economic damages, general damages, and outstanding balances with ease. Monitor settlement values, compare accepted vs rejected offers, and identify cases needing immediate follow-up – all from your dashboard.
All your settlement data in one secure platform
Why use multiple platforms when you can manage everything in CloudLex? From personal injury claims to settlement calculations, every detail is updated in real-time. That means no more siloed data and no more guessing on settlement amounts.
Protect every stage of the settlement process
Our robust permission settings keep your client data secure and HIPAA-compliant. Whether you’re advising on non-economic damages or calculating future medical expenses, your firm can trust CloudLex for complete confidentiality and compliance.
Maximize settlements with precision and ease
Negotiating fair settlements for your clients requires accurate calculations and up-to-date financials. CloudLex makes it simple to analyze settlement amounts, calculate potential compensation, and manage payouts all in one place.
See what your peers are saying about CloudLex!
Easy tracking of expenses and settlement offers
It is truly a comprehensive solution that encourages teamwork. It feels quick and clean to use both in terms of actual speed and the user interface as well. It does everything that I need, and it does it easily/intuitively. Along with the ease of tracking settlement offers and expenses, report generation is also easy and useful.
Daniel Horowitz
Law Office of Daniel Horowitz | Attorney
Frequently asked questions
What is a settlement calculator?
The Settlement Calculator helps you manage all the demands and offers in one place for single and even multiple plaintiffs in a personal injury case.
With CloudLex, you can log demands, offers, payment requests, and expenses for single or multiple plaintiffs. It intuitively calculates both attorney and client recovery, streamlining your settlement negotiations process.
How do I track settlement demands and offers in CloudLex?
CloudLex enables attorneys to log all demands and offers in one place for single or multiple plaintiffs. Manage payment requests, adjuster offers, and medical expenses for each injury victim efficiently.
With real-time updates, you can pick up where a previous attorney left off, ensuring continuity in every case.
What are deducted calculations?
For the Deducted calculations, “Expenses & Disbursements” and “Liens & Medical Bills” are subtracted from the total settlement amount first. The attorney fee is then applied to this subtotal, which yields “Attorney Recovery.”
The “Deducted Amount” for “Attorney Recovery” can be calculated using the following formula:
Attorney Recovery = {(Settlement Amount) – {(Expenses & Disbursements) + (Liens & Medical Bills)} * (Attorney Fee Percentage)
If there is an “Attorney Referral Fee,” then the formula is:
Attorney Recovery = [{(Settlement Amount) – {(Expenses & Disbursements) + (Liens & Medical Bills)} * (Attorney Fee Percentage)] * (1 – Attorney Referral Fee Percentage)
What are gross calculations?
For the Gross Calculations, “Attorney Recovery” is calculated by applying the attorney fee to the total settlement amount.
“Expenses & Disbursements” and “Liens & Medical Bills” are then subtracted from the subtotal, which yields the Plaintiff Recovery.
The “Gross Amount” for: “Attorney Recovery” can be calculated using the following formula:
Attorney Recovery = {(Settlement Amount) * (Attorney Fee Percentage)} – {(Expenses & Disbursements) + (Liens & Medical Bills)}
If there is an “Attorney Referral Fee”, then the formula is
Attorney Recovery = [{(Settlement Amount) * (Attorney Fee Percentage)} – {(Expenses & Disbursements) + (Liens & Medical Bills)}] * (1 – Attorney Referral Fee Percentage)
CloudLex provides you insights into your personal injury settlement with an extensive and customizable law firm KPI dashboard. The settlement reports give you matter-specific last recorded demand and offer the total settlement amount so that you can get an overview of matters that settled and their settlement amounts at a glance.
The report also shows you whether the offer or demand was accepted or rejected so that you can filter out the accepted settlement to focus more on the rejected matters to settle them quickly.
The reports give insights into the matters across all stages of the claim and the total amount you paid, and the outstanding amount.
How does CloudLex support settlement tracking?
CloudLex’s customizable KPI dashboard offers insights into every stage of the settlement process. You can view the last recorded demands and offers, track potential compensation, and identify cases requiring immediate follow-up.
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