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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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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What Should I Do If I Get Hit by a Car While Walking?
Pedestrian accidents can cause serious injuries. Unlike drivers or passengers in cars, pedestrians have no protection from impact. This makes them more vulnerable in accidents. If you are hit by a car, you may be entitled to compensation for medical expenses, lost wages, and pain and suffering. It doesn’t matter who caused the accident; if you are hurt, you have the right to seek compensation. A skilled pedestrian accident attorney at Munley Law can help protect your right to the compensation you deserve. Regardless of who was at fault for the accident, victims deserve to be compensated for the pain and suffering they have endured. Experienced pedestrian accident attorneys with a winning track record, like those at Munley Law Personal Injury Attorneys, can help to ensure that your rights are protected and that you receive the compensation that you deserve and that you are entitled to. […]
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Wilkes-Barre Wrongful Death Lawyer
Our Wilkes-Barre wrongful death lawyers know that nothing can replace losing a loved one, but fair compensation can help ease your financial burdens and give you some peace of mind. If someone you love died as a result of someone else’s negligence, you may have a wrongful death claim. In a wrongful death case, your choice of a wrongful death attorney matters. Choose carefully.
Since 1959, families in Wilkes-Barre have trusted Munley Law Personal Injury Attorneys to obtain the justice they deserve. Our Wilkes-Barre personal injury attorneys have earned national recognition for our client service and significant settlements and verdicts. We do not get paid unless we win your case. Contact us today for a free, confidential consultation.
The Definition of a Wilkes-Barre Wrongful Death Lawsuit
What we may call an “accident” is often a preventable, […]
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Wilkes-Barre Birth Injury Lawyer
A Wilkes-Barre birth injury lawyer can help you seek justice if your child has suffered due to medical negligence. If a doctor acted negligently and caused your child to suffer a birth injury, you may be able to file a medical malpractice claim against them. By filing an insurance claim or civil suit, you may be able to collect compensation to pay for treatment, therapy, and even ongoing care costs. Our birth injury lawyer in Wilkes-Barre can review your case and help you understand your rights for compensation on behalf of your child.
Call Munley Law today or fill out an online form to schedule a free consultation.
When is a Birth Injury Considered Medical Malpractice in Wilkes-Barre?
Many people believe that if their child suffers an injury during birth, the doctor is automatically liable. Sometimes, though, these conditions occur as a natural complication of the birth process. […]
