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What Determines How Much Your Case is Worth?

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In a personal injury case, there are a lot of things that go into determining how much we will try to collect for you. There are two different aspects to consider: Economic factors and non-economic factors. Read more below about each, and use these points as a basic guide to understanding how we will build your case. If you have suffered from a personal injury and would like to learn about your options, take advantage of an initial consultation at a reputable personal injury law firm in Fort Lauderdale.

Economic Damages

An economic damage is a damage that has an actual monetary value attached to it. Below are a few common economic damages in personal injury lawsuits.

Medical Bills

Medical bills are a main factor in determining the amount we will pursue in your case. This can include all past medical bills, and in the case of ongoing treatment, an estimate of all future bills as well.

Lost Wages

It is very common following a personal injury that the victim is unable to return to work immediately, and must spend this time recovering. Another important factor of your case will be to determine the amount of income you lost while you were unable to work, as well as any estimates of future wages that you may miss if you are still unable to return to work.

Rehabilitation Costs

Any costs associated with rehabilitation, including physical therapy, will be an additional economic factor that your attorney will consider while tabulating the final amount that you will file a case for.

Loss of Property

If you were in a car accident and your car was totaled or damaged, you will also include the repair or replacement value, as well as any other economic impacts that you are suffering following the loss of your transportation. A good attorney will also consider any other personal property that was damaged or destroyed in the incident and will include that as well.

Non-Economic Damages

Non-Economic Damages are more complicated to reach a final number on, simply because you are not submitting bills, pay slips, or invoices as proof of the amount. It is very important that you work with an experienced personal injury attorney in Fort Lauderdale when trying to determine what you should be fighting for in this case. Below are some examples of what you and your attorney will consider:

Pain and Suffering

While there is no established way to come up with an exact dollar amount for what your pain and suffering is worth, all factors of your accident and the pain you have been subjected to will be used as a multiplier of the economic damages to arrive to a fair number.

Diminished Quality of Life

As opposed to long-term diminished earning capacity, which requires calculations, your personal injury lawyer will work to come up with a fair way to quantify the economic damages you are rightfully entitled to for your non-economic diminished quality of life following your accident. This could include the loss of being able to play sports, travel as you once could, or anything else that has changed the way you must live your life.

This is only a small sample of things that a good personal injury attorney will consider when building a case for you. They will understand that your case, like all cases, is unique, and they will work to create a case that suits you exactly.