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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Hershey Personal Injury Lawyer
For over six decades, our acclaimed team of Hershey personal injury attorneys at Munley Law has been advocating for the rights of accident victims. Securing compensation for your injuries requires not just legal expertise but also compassionate representation. From your initial contact with us to the moment you receive your settlement check, we’re by your side, guiding you every step of the way to ensure you get the compensation you deserve.
When it comes to selecting a personal injury lawyer in Hershey, making the right choice matters. Choose carefully. Choose Munley Law.
Understanding Personal Injury Law in Hershey, PA
Navigating the intricacies of personal injury law can be overwhelming, particularly when dealing with an injury’s aftermath. In Dauphin County, understanding these legal guidelines is crucial for anyone filing personal injury claims. An individual may seek legal remedies if they have been harmed due to another person or entity’s negligence or wrongful conduct. […]
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Bensalem Product Liability Lawyer
Has a defective product injured you in Bensalem? Every year, faulty products like exploding pressure cookers, collapsing strollers, and malfunctioning power tools cause severe injuries to consumers. Even everyday household items can be dangerous – 
from space heaters that catch fire to unstable furniture that tips over unexpectedly.
Medical devices aren’t immune, either. Defective pacemakers, failed joint replacements, and faulty insulin pumps have caused severe harm to patients. Problems like faulty airbags, failing seatbelts, and defective tires have led to life-threatening vehicle accidents .
If you’ve been hurt by any defective product in Bensalem, don’t face this alone. Contact the Bensalem product liability attorneys at Munley Law for a free case evaluation. Our experienced team will help you understand your rights and fight for the compensation you deserve – whether your injury came from a faulty children’s toy, dangerous exercise equipment, […]
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Lancaster Product Liability Lawyer
When a defective product causes injury in Lancaster, you need answers and action. At Munley Law, our attorneys identify who’s responsible – from the manufacturer to the store that sold it – and pursue maximum compensation for your injuries. If a product has harmed you or a family member, call our Lancaster product liability attorneys for a free case review. We handle injury cases involving consumer products, medical devices, and more.
Understanding Product Liability in Lancaster, PA
Product liability refers to the legal responsibility of manufacturers, distributors, and retailers for injuries caused by flawed products. In Lancaster, this area of law protects consumers who are harmed by unsafe products. There are three main types of product defects: design defects, manufacturing defects, and marketing defects.
Design Defects
Design defects occur when a product is inherently unsafe because of how it was designed. […]
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Reading Rear End Accident Lawyer
If you or a loved one has been in a rear-end car crash in Reading, Pennsylvania, you might be dealing with more than just vehicle damage. Rear-end collisions can result in painful injuries like whiplash, costly medical bills, lost time from work, and ongoing frustration with insurance companies. Even in cases that seem straightforward, determining liability can quickly become tricky.
You deserve to focus on your recovery—not the paperwork, negotiations, witness statements, evidence gathering, and other legal procedures in filing a personal injury claim.
Experienced Car Accident Attorneys in Reading
At Munley Law, our Reading auto accident attorneys understand the challenges after a rear-end accident. Our team of experienced car accident lawyers has helped countless accident victims in all types of car accidents in Reading and throughout Pennsylvania secure maximum compensation for their injuries.
Munley Law has a national reputation for our record-breaking verdicts for accident victims. […]
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Reading Burn Injury Lawyer
Severe burn injuries can have a catastrophic impact on accident victims. From the cost of medical treatment, the physical pain of the burns themself, and the emotional trauma, burn victims need support following their accident.
The Munley Law Reading burn injury lawyers understand the devastation burns can have on the victim and their family. Whether you sustained a burn from a work accident, a defective product, a house firm, or another accident, our lawyers will help you get the financial compensation you need to take care of yourself.
If you or a loved one sustained catastrophic burn injuries, call the Reading personal injury lawyers of Munley Law today for a no-obligation, free consultation.
Common Causes of Burn Injuries
According to the World Health Organization (WHO), a burn is “an injury to the skin or other organic tissue primarily caused by heat or due to radiation, […]
