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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What is the Average Settlement for a Lyft Accident?

While there isn’t a specific average Lyft accident settlement amount, settlements typically depend on various factors like the severity of injuries, medical expenses, lost wages, and pain and suffering. Understanding potential settlement amounts is crucial for accident victims because it allows them to understand what they could expect to receive to help recover from their losses. Settlements can help pay medical bills, compensate for time missed from work, and support ongoing care or rehabilitation.

It’s important to note that each accident case is unique, and settlement amounts can vary widely. Seeking legal advice from an experienced Lyft accident attorney can help victims understand their rights and pursue fair compensation.

How Much Is My Lyft Accident Worth?

What is the Average Settlement for a Lyft Accident?Determining the value of a Lyft car accident settlement isn’t always straightforward. It depends on various factors, including the extent of your injuries, the impact on your life and ability to work, […]

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Who Can Sue for a Wrongful Death in Reading, PA?

In a wrongful death case, certain family members have the right to file a lawsuit. Usually, it’s the deceased’s spouse, children, or parents. If there are no surviving spouses, children, or parents, the right may transfer to other specified beneficiaries, like siblings or grandparents. Sometimes, a person appointed to handle the deceased’s estate can also file the lawsuit on behalf of the family.

In Reading, Pennsylvania, wrongful death happens when someone passes away because of someone else’s carelessness or harmful actions. Let’s say, for example, that a person dies in a car accident caused by another driver’s negligence; their family might be able to file a wrongful death lawsuit to seek compensation for things like medical bills and funeral costs.

What is Wrongful Death in Reading?

Who Can Sue for a Wrongful Death in Philadelphia, PA?Under 42 Pa.C.S.A. Section 8301 of the Pennsylvania Code:

An action may be brought, […]

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Erie Workers’ Compensation Lawyer

Under the Pennsylvania Workers’ Compensation Act, employers must provide workers’ compensation benefits to part-time and full-time employees should they become hurt or ill at work. Workers’ comp benefits cover medical expenses and lost wages until you can return. However, the workers’ compensation process can be difficult, and an Erie workers’ compensation lawyer must navigate the claim.

If you were injured at work or have an occupational disease and are now undergoing the workers’ compensation claim process, call Munley Law. We represent injured workers applying for or being denied workers’ compensation benefits.

What Do I Need For an Erie Workers’ Compensation Claim?

Erie Workers' Compensation LawyerFiling a workers’ compensation claim can be complicated, but having the information you need ready before the comp process begins can be beneficial.

You will first need to report the accident to your employer. You have 21 days from the accident date to file the claim. […]

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Personal Injury Glossary Terms

This glossary provides a quick-access resource for looking up definitions of terms you will likely encounter while seeking compensation.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W

A

Accident Report — A detailed official record of an incident created on-site by an authority figure such as a police officer or hospital staff member.

Act of God — An unforeseen event caused by natural forces without human involvement that couldn’t have been prevented with reasonable care, […]

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Pittsburgh Erb’s Palsy Lawyer

Erb’s Palsy is a full or partial paralysis of the arm caused by nerve damage. Because Erb’s Palsy is often avoidable, in some cases, parents may be able to take legal action against the doctors or other medical professionals involved in the delivery process. This kind of personal injury case, which falls under the umbrella of medical malpractice, is complicated. Working with a Pittsburgh Erb’s Palsy lawyer with specific expertise in this subject area is the best way to set yourself and your family up for success.

Contact our Munley Law today for a free consultation and learn how we can fight to protect your best interests after a birth injury.

What Is Erb’s Palsy?

Pittsburgh erb's palsy lawyerAlso known as Erb-Duchenne paralysis, Erb’s palsy is one of multiple possible brachial plexus injuries. The brachial plexus is a network of nerves with roots in the neck, […]

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