Friday, April 2, 2010

Determining the Value of Your Personal Injury Case


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From time to time personal injury clients will inquire as to precisely how the value of their case is determined. Personal injury cases generally fall into certain categories.These categories include but are not limited to:


Motor Vehicle Accidents Cars Motorcycles Bicycles Premises Liability Trip and fall Slip and fall Products Liability Defective product injuries

Although there are other ways injury victims can be hurt the foregoing list covers the most typical situations the injury attorney sees.

A victim of any of the listed types of injuries is entitled to monetary damages as compensation for their damages. Damages are either compensatory damages, designed to compensate the personal injury victim for their losses which include but are not limited to medical bills, lost wages, travel expenses, pain and suffering, emotional distress, etc. A victim of an injury may also collect punitive damages which are designed to punish the wrongdoer for particularly wanton, despicable, and outrageous conduct that is directly responsible for injuries suffered by a victim.

A personal injury lawyer should have a wealth of prior experience in evaluating injury cases. Also, all attorneys nationwide, have access to a database of information, as well as periodicals which detail both personal injury case settlements and court awards in prior similar cases. With these tools, an attorney will be able to conduct a complete case review with a thorough understanding of local awards and settlements. While settlements and court awards in similar cases outside of your local area may form a component of the analysis of your lawyer, the amount that similar cases brought in your location are the most telling evidence of the potential value of your individual case.

Most injury attorneys have had clients who have stories of friends or family that have had relatively minor injuries which allegedly brought huge sums of money through settlements or trails! Assuming that the information is accurate, it must be remembered that while there may be many similarities with other cases, each case stands as a unique entity. Small detail differences can dramatically affect the case value. Experienced personal injury lawyers are highly skilled in determining the value of your particular case. Do not be shy about discussing the value of your case with your attorney in order to gain a thorough understanding of exactly how your lawyer arrived at his valuation of your case.

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