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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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 Attorneys 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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Pittsburgh Brain Injury Lawyer
If you or someone you love suffered a traumatic brain injury in Pittsburgh, contact a Pittsburgh brain injury lawyer with experience handling complex brain injury cases. Nothing is more serious than a serious brain injury. According to the Centers for Disease Control and Prevention (CDC), Traumatic Brain Injury (TBI) is a leading cause of injury and death in the United States. BrainLine reports that TBI contributes to about 30% of U.S. deaths each year. Alarmingly, the number of annual TBI cases is rising. The CDC’s TBI Report shows 3 million emergency room visits for brain injuries each year, including almost 840,000 children. Likewise, the CDC reports that TBI contributes to the wrongful death of over 50,000 Americans each year. Sadly, over 2,500 of those 50,000 are children. If you or a loved one suffered a serious brain injury, […]
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California Truck Accident Lawyer
The trucking industry is vital to California’s economy. It ensures fresh food gets to grocery stores, delivers parts to factories, and more. It generates billions in revenue each year by moving goods like food, fuel, electronics, furniture, and clothing.
Given the high volume of trucks on California’s roads, like I-5, I-10 and I-80, accidents are inevitable due to the increased traffic and the inherent risks associated with large commercial vehicles. If you’ve been in a truck accident, an experienced California truck lawyer can help you get the compensation you need.
We are Award-Winning Trucking Accident Attorneys
Our award-winning trucking accident attorneys are dedicated to providing exceptional legal representation to truck drivers in
California. At Munley Law Personal Injury Attorneys, our law firm is recognized for its experience, expertise, and success in handling trucking accident cases nationally.
Munley Law Personal Injury Attorneys has been consistently recognized for excellence in legal practice. […]
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Semi Truck Accidents
A semi truck accident can be a life-altering experience for both you and your family. You could be facing serious injuries that can take months if not years to recover from. Your family could suffer the financial burden of paying the medical expenses without the help of your income. In many cases, the injuries sustained in the accident may be fatal and your family will be left to pick up the pieces afterward. If you get into a trucking accident with a semi truck, do you know what your next steps should be?
For more than 60 years, the truck accident lawyers at Munley Law have represented drivers, passengers, pedestrians, and truck drivers who have been seriously hurt in accidents with semi trucks. If you or someone you love was hurt in a crash with a semi, you will need someone on your side to make sure the trucking company is held responsible. […]
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Misdiagnosis Claims in Scranton, PA
A medical misdiagnosis can be devastating for an ill or injured patient. It can delay or prevent the proper treatment the patient needs and even lead to unnecessary and potentially harmful, improper treatment. Misdiagnosis can lead to
permanent injuries and even death.
An alarming report published by BMJ Quality & Safety found that an estimated 795,000 Americans die or are permanently disabled by diagnostic errors every year. These results occur across the medical field, including clinical settings and hospitals.
If you have suffered harm due to misdiagnosis, contact the Scranton medical malpractice lawyers at Munley Law today. Our experienced attorneys will hold the negligent healthcare providers accountable and recover the compensation they deserve.
Holding Doctors Accountable for Your Misdiagnosis in Scranton
It’s no secret that the medical system in Pennsylvania and the United States is broken. Time details patients’ […]
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