How Your Personal Injury Attorney Will Calculate Your Expected Settlement
Hiring a personal injury attorney can significantly impact the compensation you receive for accident injuries caused by someone’s negligence.
The first step is to assess the extent of your economic and non-economic damages. Economic damages include medical expenses, lost wages, property damage, and other measurable financial losses.
Non-economic damages encompass pain and suffering, emotional distress, and loss of enjoyment of life, which are harder to quantify but equally important.
Your attorney will be gathering evidence to support your claim. The stronger the evidence, the more compelling your case will be when negotiating with the insurance company or presenting it in court.
Establishing liability is crucial in personal injury cases. Your attorney will investigate the accident’s circumstances to determine who was at fault. In cases of shared liability, your state’s comparative negligence laws may affect the final settlement amount.
Experienced personal injury attorneys will draw from their knowledge of past cases and settlements with similar circumstances. It helps set a reasonable negotiation baseline.
Your attorney will consider the long-term impact of your injuries, especially if they result in ongoing medical treatments, therapy, or permanent disability. Factoring in future medical expenses and lost earning capacity is essential in calculating a fair settlement.
Their expertise in negotiating with insurance companies and representing your best interests ensures you receive the compensation you need to recover and move forward after an injury accident.
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