personal injury attorneys Injury Compensation - How to Get the Compensation You Need

It is normal to be concerned about your finances when you are involved in an accident. This is especially true if you are involved in serious injury.

Fortunately, there are ways to be compensated for your injuries. These include economic damages and non-economic damages, like pain and suffering.

Economic Damages

When you suffer an injury because of another person's negligence you are entitled to financial compensation. This compensation is intended to assist you in regaining the lifestyle you had prior to your injury.

In personal injury law firms injury cases there are two kinds of monetary damages you can get: non-economic and economic. The former is intended to compensate you for the financial damages resulting from the accident, while the second is designed to pay for the emotional trauma that your accident has caused.

In many instances, a jury or judge will award the victim with economic damages to compensate for their lost wages, medical expenses and rehabilitative treatment and the cost of property damage, like repair and replacement. This category of damages is documented with bills, receipts, or pay stubs.

A defendant's negligent conduct can result in different economic loss. These losses include :

Loss in Earning Capacity

A person who is injured may have a reduced earning capacity after an injury. They may be forced to accept a lower-paying job or be permanently disabled.

Future earning capacity

This is a difficult measure as it is contingent on the amount of time, industry, and the direction of a victim's career at the moment of the accident. One person may be young and have a promising career or they could have a retirement plan.

- Past Earning Capacity

This also presents a challenge for juries in that it requires an in-depth analysis of the victim's prior job and the possibility for future earnings. For instance, a person may be a recent college graduate with a promising career path in engineering.

In addition to losing wages, the victim could have had other expenses such as medical bills, car repairs and even out-of-pocket expenses for therapy or medication.

These expenses can be significant and can add up to an amount of money. In order to get a fair settlement, add all of the expenses.

There are a variety of factors that influence the amount of your economic damages. It is important to consult with an experienced Personal Injury Law Firm injury lawyer who can assist you in understanding the way these damages are calculated and determined. Your lawyer can give you a list of all your present and future economic losses, and also seek the help of experts who can put a dollar value on these losses for the purpose of calculating your compensation.