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personal injury lawyer brooklyn park - How to Get the Compensation You Need
When you are involved in an accident it is normal to be concerned about your finances. This is especially true if your injuries are serious.
There are many options to obtain compensation for your injuries. These include both economic and non-economic damages , such as pain and suffering.
Economic Damages
If you suffer an injury due to negligence by another party you are entitled to financial compensation. This compensation is intended to help you return to your pre-injury lifestyle.
In personal injury cases, there are two types of damages that you can receive: economic and non-economic. The former is meant to compensate you for financial damages resulting from the accident, while the latter is designed to compensate you for the emotional pain that your accident has caused.
In many instances, a judge or jury will award the victim with economic damages to compensate for their lost wages, medical expenses and rehabilitation care along with property damage costs like repair and replacement. This kind of damage is concrete in that it can be documented through receipts or pay stubs, as well as bills.
Unfortunate behavior by a defendant can result in a wide range of economic losses. These losses include :
- Loss of Earning Capacity
A victim may be unable to earn as much following an injury. They could be forced accept a lower-paying job or become permanently disabled.
- Future Earning Capacity
This can be a challenging factor to determine since it is dependent on the age, industry and trend of a person's career at the moment of the accident. Someone could be young and have a career that is on the rise, or they could be 58 years old and have a complete retirement plan in front of them.
Past Capacity to Earn
This also presents jurors' challenges because it requires a thorough examination of the victim's past employment situation and the potential for future earnings. A victim may be a recent graduate with an engineering career.
The victim could have lost their income in addition to other costs such as medical bills, car repairs or out-of-pocket expenses for medication and therapy.
In the end, these expenses will add up to an enormous amount of money. To settle a fair amount to settle the case, you must add all of these expenses together.
There are many factors that affect the exact amount of your economic damages, and it is essential to speak with an experienced personal injury lawyer who understands how damages are calculated and awarded. Your lawyer will provide you with a list detailing all your economic losses and help you find experts who can assign a dollar value to these damages in order to determine your compensation.