A common question among personal injury victims is: how much money can I sue for? Everybody wants to know how much money they can receive – even if this is not the most important question to answer at the time.
Important Personal Injury Costs to Consider
Some of the factors that go into determining the value of a personal injury case include:
- Medical expenses. This includes hospital costs and doctor fees. It could include both current and expected medical costs.
- Rehabilitation therapy. Many people who are injured and have a personal injury case are in need of some sort of therapy. This covers the cost of obtaining professional therapy to return the victim to their condition prior to the injuries. This might include physical therapy or even counseling services.
- Lost wages. This accounts for missed earning opportunities due to injury. If the injury will affect your ability to return to work, then you may also seek compensation for diminished earning capacity.
- Pain and suffering. This is the phrase that you hear time and time again from personal injury attorneys who pay for commercial time. Pain and suffering is oftentimes calculated by using a multiple of the medical expenses and rehabilitation therapy costs. It refers to the pain and suffering and emotional side of a personal injury.
As you can see, there is no “set formula” for determining the amount of damages suffered. If you think you have a personal injury case the best thing you can do is contact a personal injury attorney for a free consultation.
Deciding When to Accept a Settlement Offer Following a Personal Injury
Some personal injury cases are settled outside of court. This is because taking a case to trial can be expensive and timely for both parties. However, while it is not a bad idea to accept a settlement offer, it is important to consider how well it covers your damages.
This requires first, considering the many ways and costs that the injury has affected you. When you work with a personal injury lawyer, they will not only help you calculate the value of your case but also help you evaluate how appropriate a settlement offer is. Don’t let the other party decide how much you are worth.
What to Expect When Meeting With Your Personal Injury Lawyer
The first time that you meet with your personal injury lawyer will be a consultation. This gives us the opportunity to get to know you, while also giving you the chance to ask any questions. If we decide to work together, then your lawyer will begin to collect evidence. This evidence will be used to build your case, as well as determine a fair value.
We may compile medical records, income statements, and even witness reports from medical providers and rehabilitation experts to come up with this value. Our goal is to fight for an amount that will help you pay your bills. We also believe that you should be able to collect enough compensation for the medical treatments needed, without having to worry about the cost.