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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Fatal Truck Accidents in Stroudsburg, PA
A fatal truck accident is a devastating event with catastrophic consequences for the victim’s family and loved ones. If you’ve lost a loved one in a fatal truck accident, it is important to seek the advice of an experienced Stroudsburg truck accident lawyer who can help you traverse the legal process and secure the compensation you’re entitled to.
For 65 years, Munley Law Personal Injury Lawyers have been handling fatal truck accidents across Stroudsburg and the Poconos. We understand the complexities of these cases can be and work hard to help you after such a tragic event. Let us help you with your truck accident claim. Call or contact us today to schedule a free consultation.
Common Causes of Fatal Truck Accidents in Stroudsburg
According to the Pennsylvania Department of Transportation (PennDOT), in 2023 there were 138 heavy truck-related fatalities in Pennsylvania. […]
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Stroudsburg Wrongful Death Lawyer
A Stroudsburg wrongful death lawyer at Munley Law can get justice for your family member and provide financial security for your family with a wrongful death lawsuit. Losing a family member under any circumstances is one of the most difficult things we can experience in life. But to know that you’ve lost a loved one to a preventable accident caused by someone else’s negligence is almost unthinkable. Our attorneys may be unable to reverse the harm done, but we can help hold the ones at fault accountable.
Contact our Stroudsburg personal injury lawyers today to learn how we can help you through this difficult time. We offer free consultations at our Stroudsburg office or virtually for your convenience. And we do not charge a cent for our services unless we win your case, so you risk nothing by speaking with our Stroudsburg wrongful death attorney. […]
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Stroudsburg Distracted Driving Accident Lawyer
If you were involved in a distracted driving accident in Stroudsburg, it can be challenging to get compensation for your injuries. It’s always a good idea to speak with an experienced Stroudsburg distracted driving accident lawyer at Munley Law to learn your legal options. We offer free consultations and work on a contingency basis, so you won’t have to worry about paying a fee until the case is settled. Contact our Stroudsburg car accident lawyers today to start your claim.
How a Distracted Driving Accident Lawyer in Stroudsburg Can Help
A Stroudsburg car accident lawyer can gather evidence, hire expert witnesses, negotiate with the insurance company, and protect your rights in the courtroom. Proving that a driver’s distraction caused an accident can be difficult. How do you prove that a driver was reaching for a piece of gum that fell between the seats? […]
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Stroudsburg Rideshare Accident Lawyer
The Stroudsburg rideshare accident lawyers at Munley Law have been helping victims of Uber and Lyft car accidents receive compensation for their injuries. We understand how difficult a rideshare accident case can be and are ready to hold the ridesharing company accountable for the accident. If you were in a car accident with a rideshare driver, we’re here to help. Contact a Stroudsburg car accident lawyer now to schedule a free consultation.
What to Do If You’ve Been Involved in a Rideshare Accident in Stroudsburg
No one expects to get into a car accident, particularly when riding as a passenger in a rideshare service like Uber or Lyft. On average, people don’t take lengthy rideshare trips. On the contrary, the average Uber ride is about five miles. And although accidents don’t discriminate when it comes to the length of a trip, most people just expect to safely be in and out of their rideshare from Point A to Point B. […]
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Wilkes-Barre Product Liability Lawyer
The Wilkes-Barre product liability lawyers at Munley Law Personal Injury Attorneys have won multi-million verdicts and settlements for people injured or killed by dangerous and defective products. Defective and unsafe products cause serious injuries and claim lives every day. When big companies release a defective product for consumers, they must be held responsible for the harm they cause.
Product liability cases tend to be highly complex. Not all personal injury firms have the resources or experience to devote to these kinds of cases. Munley Law Personal Injury Attorneys is different. With 65 years of experience, our law firm has built a nationwide reputation for taking on difficult cases against big companies. Our attorneys have been recognized by Super Lawyers and Best Lawyers in America and have been board certified by the National Board of Trial Advocacy, a designation given only to attorneys who demonstrate high standards in trial advocacy. […]
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