Personal injury attorneys help individuals seek compensation for their injuries and losses. When calculating a settlement, several factors are considered to determine the appropriate amount of compensation. Here’s an overview of how personal injury lawyers calculate settlements:
- Medical Expenses: Personal injury lawyers will assess the total cost of your medical treatment, including past and future expenses. This includes hospital bills, surgeries, medication, rehabilitation, and any ongoing medical care or therapy needed due to the injury.
- Lost Wages: If the injury caused you to miss work or has impacted your earning capacity, personal injury lawyers will calculate the amount of income you have lost and may continue to lose in the future due to the injury. This includes factoring in any potential career advancements or opportunities that may have been affected.
- Pain and Suffering: Personal injury attorneys will consider the physical and emotional pain involved as a result of the injury. They’ll assess the severity of the injury, the impact on your daily life, and any long-term consequences to determine a fair amount for pain and suffering compensation.
- Other Damages: Personal injury lawyers may also take into account other damages like property damage.
It’s important to note that every personal injury case is unique, and the settlement calculation will depend on various factors. Personal injury lawyers have the knowledge and experience to evaluate these factors.