Economic Damages

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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Scranton Texting While Driving Accident Lawyer

If you get into an accident with a driver who had been texting, your first call should be to a Scranton texting while driving accident lawyer at Munley Law. Our Scranton car accident lawyers, recognized nationally for their expertise and deeply connected to the Scranton community, fight relentlessly to ensure that accident victims receive the justice they deserve. We have secured millions in settlements and verdicts and are proud of our unparalleled track record. Choose Munley Law as your advocate in navigating this challenging journey.

For a no-obligation, free consultation, contact the Scranton texting while driving accident lawyers of Munley Law to schedule an appointment.

Is Texting While Driving Legal in Scranton, PA?
Texting While Driving Accident Lawyer

Pennsylvania’s commitment to road safety is enforced by stringent laws regarding . The state has implemented a strict ban on texting while driving, […]

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Misdiagnosis Claims in Stroudsburg, PA

In Stroudsburg, PA, patients trust their healthcare providers to deliver accurate diagnoses that guide their treatment and recovery. However, when a medical professional fails to diagnose a condition correctly, the consequences can beMisdiagnosis Claims in Stroudsburg, PA devastating, leading to unnecessary suffering, worsened health outcomes, or even life-threatening complications. If you or a loved one has been a victim of a misdiagnosis, you may be entitled to compensation.

With our deep understanding of Pennsylvania medical laws and a proven track record of success, our Stroudsburg medical malpractice attorneys are committed to fighting for your rights and securing the justice you deserve. Call today to schedule a free consultation.

How a Serious Is a Misdiagnosis in Stroudsburg, PA?

Getting the medical care you need to recover from an illness starts with an accurate diagnosis. Early and accurate diagnosis allows for timely medical intervention, […]

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Surgical Errors in Scranton, PA

We are fortunate to have access to world-class medical treatment in Northeast Pennsylvania. However, even in the best facilities, medical professionals can make mistakes that lead to serious harm. When you select a hospital, surgeon, and surgical team to operate, you trust they will treat you with professionalism and the utmost care.

Unfortunately, the surgical team sometimes makes a mistake, which can have devastating, even deadly, consequences for the patient and their family.

If you or a loved one has suffered harm or loss of life from a surgical error in Scranton, it’s important to understand your rights and options under PA personal injury law for holding the responsible accountable.

An experienced medical malpractice attorney at the Scranton Law offices of Munley Law can help. Call us for a free case evaluation. We will discuss the specifics of your medical malpractice claim, […]

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East Stroudsburg, PA Personal Injury Lawyers

East Stroudsburg PA Personal Injury LawyersWhether you’ve been involved in a car or motorcycle accident or experienced medical malpractice such as a surgical error, you might be overcome with the many new challenges you now have to deal with. The physical toll your injury has taken on you and your family, the mounting medical bills, and lost wages due to missed work, coupled with trying to understand your legal rig,hts can become overwhelming. If you have tragically lost a loved one, you might be considering a wrongful death case, but you don’t know where to begin.

At Munley Law, we’ve been fighting for personal injury victims since 1959, earning national recognition for our expertise in personal injury litigation. Our attorneys have been named among the Best Lawyers in America, Pennsylvania Super Lawyers, and are board certified by the National Board of Trial Advocacy. Our proven track record has secured numerous multi-million dollar settlements and verdicts for our clients. […]

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Hospital Negligence Claims in Wilkes-Barre, PA

Going to the hospital is scary. One of the few comforts is knowing that you’re in the hands of medical professionals whose job is to make you feel better. So, where do you turn when the medical care harms you?

Wilkes-Barre Hospital Negligence ClaimsHospital and medical negligence is becoming more prevalent in Wilkes-Barre, Pennsylvania, and the United States. Hospitals are consistently understaffed, and the healthcare and systems strain doctor-patient relationships. There is an increasing problem with systemic negligence in medical clinics, emergency departments, and hospitals. Hospital negligence leads to misdiagnosis, delayed diagnosis, medication errors, surgical errors, and more. The results may not be a reversible error and can be devastating to the patient.

If hospital negligence resulted in an injury or worsened illness, you have the right to pursue a medical malpractice lawsuit against the liable . Call the Munley Law Wilkes-Barre medical malpractice lawyers today for a free consultation. […]

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