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How do I know what my injury claim is worth?

If you have been injured, you are likely suffering a great deal. The aftermath of these situations often includes not only physical pain and medical bills, but also career consequences. Injuries may leave you unable to work for long periods. Because you are losing out on a great deal of money, both short- and long-term, you understandably have a lot vested in the value of your injury case.

Getting an estimate

If you are in this situation, you will likely need to talk to a lawyer. An experienced personal injury attorney will be able to give you a reasonable estimate of what your case is worth. In order to make an estimate, your lawyer will need to know about the liability and damages of the case.

Liability

Essentially, liability is all about who was responsible for the accident that caused the injury and how it happened. In the case of comparative negligence, the plaintiff (you) may be partially responsible for the accident, which will likely have an effect on the value of your case.

Damages

Damages is the term used to describe the amount of losses you have suffered as the result of the negligence of the other party in the accident. There are many types of damages, including the impact on your ability to enjoy your life. Pain can largely take away from your quality of life, especially if it becomes chronic or results in permanent disability. Also included under the umbrella of damages are lost earnings and medical bills.

How an attorney can help

Once you and your attorney have assessed the liability and damages of the case, you can determine how much the case is worth. Ideally, you should be able to recover an amount of money equivalent to what you have lost.

Attorneys typically work with medical experts and economists to accurately value an injury or wrongful death claim. They may also use past cases as a precedent to help determine how much a present case is worth. Comparable cases are helpful in this way, although you should keep in mind that every case is different.

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