How does a lawsuit settlement work?
One of the questions clients frequently ask is, “How does a lawsuit settlement work and what are my injuries worth?” The lawsuit process and amount of injury compensation vary widely. The extent of the client’s injury and the time needed to recover from injuries will often affect both the timeline for resolving the matter and the amount recoverable.
Types Of Personal Injury Compensation
1. Loss of Earnings: If a client has a loss of wages due to uncompensated absentees from work due to the injury, the client is usually entitled to recovery of the wage loss. Keep in mind that if an injury victim continues to earn after the incident, that can mitigate a number of damages or reduce the number of damages for wage loss that victim is entitled to recover. When calculating lost earnings, it may be possible to include wage loss and employee benefits. Employee benefits are often based on the specificity of the client’s skills, the level of education obtained, the nature of the occupation and the locale of the workplace.
2. Loss of Consortium: This is a general term which encompasses a variety of lost services. For example, loss of household services where the injury victim can no longer perform all or a portion of their household services, including; cooking, cleaning, etc. The value of these services and the cost to pay someone else to perform these household duties will be based on the going rate in the locality.
3. Shortened Life Expectancy: Where there are grave injuries, the client and possibly his/her heirs will be entitled to compensation for a loss of earnings through a diminished life expectancy. Such calculations are very complex and will require the research and use of experts in conjunction with our legal team. Part of the calculation will include loss of present earnings and future loss of earnings.
4. Pain and Suffering: Nearly all injury victims are entitled to some form of pain and suffering compensation. The amount of compensation can vary widely based on the extent of the injuries and the duration of treatment and recovery.
5. Disfigurement: Individuals who are severely disfigured as a result of an accident may be entitled to compensation for scar revision, plastic surgery or a compensable amount based on the level of disfigurement. We often see this type of compensation in dog bite cases. Amputation can also fall under this type of damage. With amputation, calculating the damages can be a very complex process requiring the input and skills of our legal team and multiple experts.
6. Medical Bills and Expenses: All incurred medical bills related to the treatment of victim’s injuries from the accident are recoverable. Medical expenses can include doctor visits, hospital stay, therapy, prescriptions, bandages, crutches, cane, wheelchair or any other type of implement or medication needed to recover from the accident.
Request A Free Consultation
The above list of possible damages is provided only for informational purposes and is not intended to provide a comprehensive list of all damages available to an injury victim. If you or a loved one has been injured in an accident, immediately contact one of our injury specialists by calling 1-800-718-4658. We will provide you with a free, no-pressure case evaluation. There are strict time limitations which must be met in order to make a personal injury claim. Therefore, time is of the essence. Contact our Legal Team today for a free consultation by calling 1-800-718-4658, using live chat or completing the contact form on this page.