What is My Case Worth?
If you are injured by another party’s negligence, you have the right to be “made whole”. This means that you may recover your damages from the negligent party. In this way, you are “made whole” by being put back into the financial position you were in before the loss.
Damages in personal injury cases are generally limited to medical expenses, lost wages, and pain and suffering. In some cases, damages for wrongful death, loss of companionship, emotional distress and punitive damages may also be recovered. The damages will depend on the circumstances of your case.
In a personal injury lawsuit, the amount of damages must be calculated. The first step is to find the total amount of your medical costs related to the injury. That total may be multiplied by a number, generally between 1.5 and 5, to calculate pain and suffering or other damages. The number that is used varies depending on the circumstances of the injury.
For example, if your injuries were serious, the number used could be higher than 5. The amount of your lost wages is then added to that number. The result gives a starting number to begin settlement negotiations. If your case can be settled, you will not need to go to court.
If you suffered an injury, you may use AllLaw.com’s online “Settlement Calculator” to get an idea of your damages. The actual amount of damages that you may recover could be different.
Calculating what your case is worth is complex. If you or a loved one has been injured in an accident, call Justinian and Associates today.