Valuing a personal injury claim

acceladmin   November 17, 2017   Comments Off on Valuing a personal injury claim

If you suffered injury in an accident caused by the negligent or reckless actions of someone else, and are considering a personal injury lawsuit, you must first determine the monetary value of your claim. Personal injury claims may take a considerable amount of time and money to litigate. Is the process even worth your time, given the details of your case?

There is no simple formula for valuing a personal injury claim. In addition, a claim cannot be accurately valued immediately following an accident. Your doctors need time not only to examine your current injuries, but also to determine the full nature and extent of those injuries, and any complications to which they may lead. If you accept settlement for an injury claim only to have a more serious conditionĀ develop, you will be unable to seek additional damages. Give your doctors the time to assess your medical case before you consider settling your legal case.

When trying to value a personal injury case, your attorney may look at factors including:

The nature, extent, and permanence of your injury

The amount of your medical bills

Whether the injury adversely affected your daily habits and lifestyle

How much work you missed, and how this impacts your income

The extent of pain and discomfort you suffer

If you have been injured in an accident, contact our firm today.

If you are in need of experienced legal counsel in regards to a personal injury or workersā€™ compensation case in New York City, pleaseĀ contact The Law Offices of Jonathan D. SandsĀ and we would be happy to assist you.