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They are soft and painless, and are movable. People usually get this type of skin nodules on the legs, trunk, arms, neck, and the shoulder. However, lipomas can develop in other parts of the body as well. Symptoms: Lipomas are usually less than 5 cm in diameter and they do not produce any other symptom. However, if they compress the adjoining nerves, one can feel pain. Treatment: In general, lipomas do not require any treatment, unless they are painful, or when they compress the surrounding structures, or get infected. The standard treatment option for such lipomas is surgical removal or excision. Lipomas are also removed surgically when they become a cosmetic concern.