December 10, 2019

How to Calculate a Personal Injury Settlement

Being involved in an accident that isn’t your fault can lead to significant upheaval in your personal and financial life. Whether your were hurt in a car accident, injured on another person’s property, or hurt in any number of other ways, there are options available to you to get the compensation you need.

But to mount a successful case, you’ll need to know how to calculate a personal injury settlement.

Our team at the Law Offices of Gary S. Greenberg wants to help make this process as simple and straightforward as possible. To help ensure you get what you need after your injury, we’ve highlighted the most important factors to consider when assigning a value to your claim.

Medical Expenses

The primary cause for concern for many victims after an accident is ensuring they get adequate healthcare. It’s also important for victims to avoid becoming overwhelmed with medical bills and associated costs.

Your personal injury attorney will include in your claim any medical expenses you already paid for, as well as any you will be expected to pay in the future. This may include medications, rehabilitation programs or equipment, ambulance fees, hospital bills, doctor co-pays, and travel costs associated with your care.

Wages

After suffering a personal injury, you will likely have to take time off of work to recover from the accident. It shouldn’t be your responsibility to cover the wages you lose during this time. Your lawyer will include this sum in your personal injury settlement. We’ll also factor in your potential for loss of earning capacity in the future.

Non-Economic Damages

Finally, part of knowing how to calculate a personal injury settlement will be figuring out the monetary value of any non-economic damages. These damages may include hardships like mental anguish, loss of enjoyment of life, pain and suffering, or loss of consortium.

These damages can be difficult to prove because they aren’t as easily measured as economic benefits. That’s why having a qualified personal injury lawyer on your side can be so helpful.

Speak with a Personal Injury Lawyer

If you suffered an injury in an accident that wasn’t your fault and are interested in taking legal action against the liable party, our team at the Law Offices of Gary S. Greenberg is here to help you find success. We know how to calculate personal injury settlements, and we will use our experience and legal knowledge to make the proceedings as simple and effective as possible.

Don’t wait to get in touch with our personal injury lawyers. Head to the bottom of the page and fill out our online contact form or reach us directly by calling our office at 414-271-7007.