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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Florida Truck Accident Lawyers
Florida’s truck route network supports a steady flow of goods along I-95, I-75, I-4, and I-10, but with so many commercial vehicles on the road, serious crashes are bound to happen. If you were injured in a collision with a delivery truck, freight carrier, or long-haul rig, your Florida truck accident lawyer with Munley Law is ready to help. With over 50 million dollars in damages recovered and decades of success, our top rated truck accident lawyers know how to hold trucking companies accountable when their carelessness puts lives at risk.
Florida Truck Accident Attorneys with Proven Results
When you are hurt in a serious crash with a commercial vehicle, experience matters. You need a team that knows Florida law, understands trucking regulations, and can build a case that gets results. Our Florida truck accident attorneys are trusted by injured drivers and families across the state because we have done it before, […]
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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, you deserve justice. You deserve a Pittsburgh brain injury lawyer who will fight for you. […]
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California Truck Accident Lawyer
The trucking industry plays a critical role in California’s economy, with countless commercial vehicles delivering goods across highways like I-5, I-10, and I-80 every day. Unfortunately, the size and weight of these trucks make collisions especially dangerous when something goes wrong. With more than 65 years of combined trial experience, a California truck accident lawyer with Munley Law is here to help you understand your rights and fight for the compensation you deserve. If you were injured in a truck accident, reach out to the nation’s top-rated truck accident lawyers today to discuss your next steps with a trusted legal advocate.
Why Munley Law Is the Truck Accident Law Firm You Can Trust
When you’re dealing with the chaos of a serious truck crash, you deserve to feel confident in the team standing beside you. Our California truck accident attorneys bring nationally recognized credentials, […]
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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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Can I Sue My Neighbor for an Injury on Their Property?
When you’ve been injured on a neighbor’s property, you might feel confused, upset, and unsure about what to do next.
You may wonder about your options if you’ve suffered an injury while visiting next door. The short answer is yes, you can sue your neighbor for an injury on their property, but there’s more to consider before taking that step.
When an injury occurs on a neighbor’s property, the question of legal recourse often arises. The ability to sue a neighbor for such an injury depends on several factors and involves understanding premises liability law. Call a premises liability lawyer at Munley Law for a free consultation to review your legal options.
Why You Might Sue Your Neighbor for an Injury on Their Property
While suing a neighbor can be a difficult decision, there are several legitimate reasons why you might need to take this step if you’re injured on their property:
- Medical Expenses: If you’ve incurred significant medical bills due to the injury, […]
