What Is My Case Worth?
To determine how much your personal injury case will be worth, you’ll need to work with your attorney to assess the kinds of damages that will be pursued. There are many factors to consider. However, there are several factors that will weigh most heavily in the consideration of your compensation.
The extent of your injuries is one of the most important factors that will determine your case’s value. When considering the extent of injuries and case value, you and your attorney will discuss medical expenses; how long you’ll be out of work; any emotional damages and issues; and of course your ability to function after the injury, meaning whether you have life-altering injuries or will require lifelong care.
Your case’s particular circumstances will be another important area of consideration. Who is at fault? Is it a clear open and shut case in which the other party is at fault and acknowledges their liability? Or are you partially at fault? Determining who is at fault and the extent of their fault will help guide you and your attorney to a clearer estimation of your case’s value.
Additionally, your case’s value will be determined, in part, by the available insurance coverage you and the at-fault party possess. If the at-fault party has an excellent, reputable insurer then that will be a consideration, but if the at-fault party is uninsured, that’s important to consider as well.
This is just the tip of the iceberg so to speak, as there is a long list of potential considerations and factors that play a part in your case’s ultimate valuation. Your personal injury attorney will help guide you through a full examination of all the possible contributing factors. In most cases the following will be considered in any case valuation discussion: medical bills, rehabilitation, lost wages, loss of earning capacity (future), property damage, pain and suffering, mental stress and/or anguish, loss of one’s ability to enjoy life, and loss of consortium.
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