Notes

10 Great Books On Personal Injury Lawyers
Personal Injury Compensation - How to Get the Compensation You Need

It is normal to worry about your finances when in an accident. This is particularly true if your injuries are serious.

There are many ways to claim compensation for your injuries. This includes economic damages as well as non-economic damages, like pain and suffering.

Economic Damages

Financial compensation is available to those who have been injured due to the negligence of another party. This compensation is designed to help you recover from your injuries and return to the same standard of living.

There are two types of financial damages that could be granted in personal injury cases which are economic damages and non-economic damages. The first is designed to compensate you for financial loss resulting from the accident, whereas the latter is designed to pay for the emotional trauma that your injury has caused.


In many cases, a judge or jury will award the victim with economic damages to pay for their loss of wages, medical bills and rehabilitation care and property damage costs like repair and replacement. The damages in this category are real in the sense that it can be documented with receipts and pay stubs.

personal injury lawyer longview by a defendant can cause a variety of economic losses. These losses include the following:

- Loss of Earning Capacity

If a victim is injured their earning capacity could be severely affected. They could be forced accept a lower paying job or even become permanently disabled.

- Future Earning Capacity

This can be a challenge to calculate as it depends on the victim's age, industry and the trend at the time of the incident. The person may be young and have a career on the rise, or they may be 58 years old and have a complete retirement plan in front of them.

Past Capacity for Earning

This presents a challenge for jurors since it requires a thorough examination of the victim's history of employment and the potential earnings for the future. A victim could be a recent graduate with an engineering career.

In addition to the loss of wages, the victim might have faced other costs such as medical bills, car repairs and even out-of-pocket expenses for therapy or medication.

These expenses can amount to a substantial amount of money. To obtain a fair settlement take all of the expenses.

There are many factors that determine the exact amount of your economic damages, which is why it is crucial to consult an experienced personal injury attorney who understands how damages can be determined and granted. Your lawyer can provide you with a detailed list of all of your economic losses and assist you in identifying experts who can assign a dollar value to these damages to determine your compensation.

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