Economic Damages

What are Economic Damages?

Economic Damages is a term that encompasses any kind of financial loss that an injury victim has incurred due to an accident. They are damages that can hypothetically be measured at an exact dollar amount. Because of this, they are more objectively-measured than non-economic damages. They can include medical expenses, loss of income, and funeral expenses among other monetary costs. Economic damages are also known as pecuniary damages. 

Quantifying the level of economic damages incurred after an accident impacts the damages that may be received by a plaintiff in a lawsuit. A plaintiff being able to recover from financial losses and become whole again following a defendant’s negligence is considered a function of the justice system. Because economic damages need to be objectively measured, much evidence needs to be provided for accuracy.

According to the American Bar Association (ABA), many states follow the Economic Loss Doctrine, which holds victims from recovery when “the negligence of others results in purely economic loss.” That is to say that in many cases, something like injury or distress needs to be proven in order for a victim to recover damages. In concept, this is to prevent plaintiffs from seeking recovery that is greater than necessary.

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Jim Thorpe Personal Injury Lawyer

After suffering an injury in Jim Thorpe, Pennsylvania, the situation can feel overwhelming—mounting medical bills, lost income, and the challenging physical recovery process can quickly become all-consuming. For over 65 years, Munley Law has been protecting the rights of injured victims throughout Pennsylvania. Our Jim Thorpe personal injury attorneys provide compassionate, expert legal representation so you can focus solely on healing. We handle every aspect of your case—from thorough case evaluation and insurance negotiations to calculating fair compensation and representing your interests in court if necessary. Don’t let personal injury law add to your burden. With Munley Law by your side, you can rest assured your rights remain protected while you prioritize what matters most: your recovery.

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Types of Personal Injury Cases in Jim Thorpe We Handle

Jim Thorpe Pennsylvania personal injury lawyerPersonal injury cases come in many forms. Here are some of the most common types that our lawyers serving Jim Thorpe might handle:

Car accidents

Car accidents are among the most common causes of personal injury claims. […]

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Stroudsburg Workers Compensation Lawyer

A Stroudsburg workers compensation lawyer can help anyone injured while on the job in Stroudsburg. Monroe County workers have the right to receive compensation for a workplace accident. Unfortunately, this does not always happen. Workers often face obstacles to getting the benefits they deserve. Knowing your next steps following a workplace injury can be challenging with the complex workers’ compensation system.

Serving the Stroudsburg community for 65 years, Munley Law has earned our clients’ trust and our peers’ respect. Our board-certified Stroudsburg workers comp attorneys can help you get your benefits following a workplace accident. Contact our Stroudsburg office to schedule a free consultation. We do not collect a fee for our services unless we recover your benefits.

Types of Workers Compensation Benefits in Stroudsburg

Stroudsburg Workers' Compensation AttorneysAccording to the Pennsylvania Workers Compensation Act, workman’s compensation benefits are meant to pay any expenses related to your work injury. […]

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Pittsburgh Car Accident Lawyer

When you’re injured in a car accident in Pittsburgh, you need an experienced Pittsburgh car accident lawyer to protect your rights and secure the compensation you deserve. At Munley Law, our auto accident attorneys have a proven track record of successfully representing car accident victims throughout Western Pennsylvania.

Our legal team understands the physical, emotional, and financial toll that serious car accidents take on victims and their families. We handle all aspects of your case—from investigating the crash and gathering evidence to negotiating with insurance companies and representing you in court if necessary.

Don’t face the aftermath of a serious car accident alone. Contact Munley Law today for a free, no-obligation consultation with a Pittsburgh car accident lawyer. Call or fill out our online form to discuss your case and learn how we can help you move forward.

How Can Pittsburgh Car Accident Attorneys Help With My Case? […]

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Philadelphia Car Accident Lawyer

If you were involved in a severe car accident in Philadelphia, contact a Philadelphia car accident lawyer at Munley Law to get the help you need following a car crash. Your primary focus should be your health; you should not have to manage the claims process alone.

At Munley Law, we have 65 years of experience helping car injury victims get compensation following an accident. Our board-certified car accident attorneys understand what you are going through, and we will not rest until you receive the compensation you need to recover from the accident. Now is the time to schedule a free consultation with a car crash attorney at Munley Law. You do not owe a fee unless we win your case.

Why You Need a Car Accident Attorney in Philadelphia, PA

Hiring personal injury lawyers eases the burden of being directly involved in all the Pennsylvania legal processes and increases your chances of success. […]

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Greensburg Personal Injury Lawyer

When the negligent actions of another person cause an injury, you need a Greensburg personal injury lawyer looking out for your best interests. Whether you were harmed in an auto accident, by medical negligence, or from an unsafe property, Munley Law can help.

Our local personal injury lawyers have Pennsylvania roots and a proven track record of securing maximum compensation for injured clients. For 65 years, our family-owned law firm has helped injury victims recover financial compensation for medical bills, lost wages, and pain and suffering. A serious injury takes a physical, emotional, and financial toll on you and your family. Our experienced attorneys work on a contingency fee basis, meaning you don’t pay anything until we make a recovery in your favor.

Our law firm has recovered millions of dollars in settlements and verdicts for clients throughout Westmoreland County and surrounding areas.. Contact Munley Law today for your free consultation to discuss how our personal injury attorneys can help you get the compensation you deserve. […]

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