08 Aug HOW ARE PERSONAL INJURY VERDICTS AND SETTLEMENTS DETERMINED?
Posted By Gruenberg Kelly Della || 8-Aug-2019
Deciding to pursue legal action in relation to an injury involves the consideration of many different factors. Lawsuits are complex processes, and you want to make sure a case is worth it before you put in the work on your end. In the aftermath of an accident, victims often ask themselves questions such as: Who caused my injuries? Were multiple parties at fault? Will I be able to prove liability in court? These questions are necessary to ask to evaluate the strength of your case.
Another question that injury victims often ask is this: How much is my personal injury case worth? Although it is difficult to determine a concrete amount of compensation you may be able to recover in your case, familiarizing yourself with the elements that affect verdict and settlement decisions can help you get an idea of if your case is worth pursuing legal action.
Financial Damages
One goal of pursuing a personal injury case is to be compensated for the expenses you incurred as a direct result of your injury: Medical bills, travel expenses, and lost wages are some examples. Ideally, the damages you are awarded through settlement negotiations or in trial will be sufficient to cover those costs, but personal injury cases must also involve the consideration of an accident’s future financial impact. If a victim is expected to require long-term therapy or medication, a settlement or verdict amount should account for those expenses as well.
Non-Economic Damages
Non-economic damages are much more difficult to predict, because there is nothing tangible to reference. Non-economic damages may include pain and suffering, emotional distress, loss of enjoyment of life, and similar elements that measure the non-financial impact of an injury. These damages vary greatly between cases, and may be decided by a jury or agreed upon during settlement negotiations.
If you were injured in an accident that was caused by the negligence of another person, you probably have a lot of questions — Gruenberg Kelly Della has answers. Our lawyers offer free case evaluations to discuss the details of your case. We’ll provide insight into the potential outcomes of your claim, and how we can help achieve favorable results for you.
Call (888) 305-6372 now to discover your options. Or, if you prefer, complete our contact form. We will return your message as soon as we possibly can.