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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Norristown Personal Injury Lawyer
At Munley Law, our Norristown personal injury lawyers have been helping injured people throughout Pennsylvania for over 60 years. Our knowledge, skills, reputation, and vast resources make us one of the nation’s top personal injury law firms. If you have suffered harm because of someone else’s negligence, let us help you secure justice. The process begins with a free, no-obligation consultation with one of our attorneys. Call or chat live with us today to schedule a free consultation.
Types of Personal Injury Cases We Handle in Norristown, PA
To maximize your claim’s chances of success, you’ll want to find a lawyer with experience handling cases like yours. Choosing a law firm that specializes in personal injury and has experience with your particular case type is important. These are some types of personal injury cases we have experience with at Munley Law.
Norristown Truck Accidents
Of all the many types of personal injury cases, […]
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Pittsburgh Personal Injury Lawyers
A serious accident can upend your entire life. You shouldn’t have to navigate this experience alone. A Pittsburgh personal injury lawyer can help you and your family get the justice and the compensation you need.
We are plaintiffs’ lawyers who exclusively handle serious personal injury cases. When it matters most, you need a personal injury firm you can trust. No injury firm in Pittsburgh is more qualified to protect your rights. Call today for a free consultation.
Types of Pittsburgh Personal Injury Case We Handle
Every injury matter is unique. Speaking with a seasoned personal injury attorney will help accident victims start the process toward receiving the compensation you are legally entitled to for your injuries. We will assess your circumstances, respond to any inquiries you might have, and assist you in deciding what further to do. […]
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Pennsylvania Personal Injury Lawyer
The Pennsylvania personal injury lawyers at Munley Law understand the physical, emotional, and financial toll that personal injuries can take on victims and their families. For the past 65 years, our accident lawyers have been fighting for the injured at a time when they need help the most. We believe in the power of justice and work tirelessly to ensure our clients receive the compensation they deserve. Whether you’re dealing with a truck or car accident, a work injury, or a medical malpractice claim, our Pennsylvania personal injury attorneys are here to help. Contact Munley Law today for a free consultation, and let us put our expertise to work for you. There is no fee until we win your case.
Why You Need to Hire a Personal Injury Attorney in Pennsylvania
The importance of hiring a Pennsylvania personal injury lawyer cannot be overstated. […]
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Reading Workers’ Compensation Lawyer
If you’ve been injured on the job in Reading, Pennsylvania, a Reading workers compensation lawyer at Munley Law can be your most powerful advocate. At Munley Law, we understand the physical, emotional, and financial toll a workplace injury can take on you and your family. Our board-certified workers’ compensation attorney is committed to helping you get the compensation you need to recover and move forward with your life.
If you were injured at work and are having issues with your workers’ compensation claim, contact our Reading worker injury lawyer today to schedule a free consultation.
What Our Reading Workers’ Compensation Attorneys Can Do For You
Hiring a Reading workers’ comp lawyer can significantly improve your chances of receiving fair compensation. During your free consultation, we’ll review your case, explain your rights, answer your questions, and help you understand what benefits you may be entitled to. […]
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Reading Wrongful Death Lawyer
Our Reading wrongful death lawyers understand the overwhelming grief and confusion that accompanies such a loss. Our compassionate and experienced wrongful death attorneys at Munley Law are here to help you seek justice and hold the responsible parties accountable.
A wrongful death lawsuit will not bring your loved one back, but we hope the financial support will help ease the emotional burden of your loss. Contact us today for a free consultation.
Understanding Wrongful Death Lawsuits in Reading, PA
A wrongful death lawsuit is a legal action brought by the surviving family members or representatives of a deceased person against the individual, company, or entity responsible for the person’s death. This type of lawsuit seeks to obtain compensation for the survivors’ losses, which can include both economic and non-economic damages.
The primary goal of a wrongful death lawsuit is to provide financial relief and justice to the surviving family members. […]
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