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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Philadelphia Catastrophic Injury Lawyer
Your Advocate After a Catastrophic Injury in Philadelphia
Accidents happen every day. Of course, any injury stemming from an accident caused by someone else’s negligence has practical impacts on a victim’s life. Injury victims must seek expensive medical treatment, deal with time off work, meaning lost wages, and often must navigate emotional distress following the accident. As you likely know, in these cases, our Philadelphia personal injury attorneys can help you recover compensation for your injuries through a personal injury lawsuit.
But if you or a loved one suffered permanent, severe injuries because of someone else’s negligent actions, for example, a spinal cord injury, severe burn, or traumatic brain injury, your life is turned upside down. Because of that, your response to those injuries is all the more critical. This is because while a catastrophic injury victim’s life is permanently changed, […]
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Pittsburgh Cerebral Palsy Lawyer
A cerebral palsy diagnosis can turn a family upside down as new parents must figure out how to accommodate their child’s needs. For many children with cerebral palsy, intellectual disabilities, seizure disorders, and vision problems are also common.
While sometimes cerebral palsy happens while the child is developing in the womb and cannot be helped, in some circumstances, a child may develop cerebral palsy as a result of a birth injury. Unfortunately, proving something went wrong during delivery can be hard to do. But with a Pittsburgh cerebral palsy lawyer like those of Munley Law, we can guide you through the medical malpractice claims process to ensure your child receives the financial support needed for the difficult road ahead.
What Is Cerebral Palsy?
The Centers for Disease Control and Prevention (CDC) defines cerebral palsy as the most common motor disability in childhood. […]
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Erie Pedestrian Accident Lawyer
Pedestrian accidents can be harrowing. When a vehicle collides with an unprotected pedestrian, the pedestrian is at a higher risk of serious injury. Common injuries from these accidents include broken bones, spinal cord injuries, and, in the worst of cases, even wrongful death. If you or a family member has endured an accident of this nature, or if you’ve experienced the absolute tragedy of having a family member killed in a pedestrian accident, it’s important to remember that you have rights. Working with an experienced Erie pedestrian accident lawyer who can assist you in seeking compensation and holding the at-fault party (or at-fault parties) responsible is almost always your best path forward.
Should I Hire a Pedestrian Accident Attorney in Erie, PA?
If you or a loved one has sustained pedestrian accident injuries, you may be wondering whether you need to work with a lawyer. […]
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Bethlehem Hit and Run Accident Lawyers
When you or your loved one are injured in a car or pedestrian accident, the last thing you should worry about is whether the liable driver remains at the scene. Hit and run accidents are unfortunately too common in Bethlehem, and fleeing the scene can amount to a felony hit and run.
Bethlehem is filled with cultural and artistic attractions, including SteelStacks, the National Museum of Industrial History, and the Lehigh & Keystone Valley Model Railroad Museum. Combined with the major highways that surround the Lehigh Valley and the busy roads that cut through, the influx of drivers makes hit and run accidents more likely than ever.
Whether you are driving downtown, parked to visit an attraction, or are a pedestrian, navigating a hit and run accident is challenging.
Munley Law’s Bethlehem hit and run accident lawyers are ready to take on your case. […]
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Bethlehem Drunk Driving Accident Lawyer
If you or a loved one were involved in an accident with a drunk driver, you need an experienced Bethlehem drunk driving accident lawyer at Munley Law. Given the serious consequences of drunk driving, it is essential to have a skilled legal team on your side who can help you navigate the complex legal process and ensure that you receive the compensation you deserve.
It is common knowledge that driving under the influence of alcohol is a dangerous and illegal act. Alcohol consumption can significantly impair the central nervous system, which in turn can limit a driver’s ability to operate a vehicle safely. When a driver chooses to get behind the wheel after drinking, they are putting themselves and others at serious risk of harm. Our drunk driving accident lawyers are well-equipped to assist you in navigating the legal complexities of such cases and obtaining the compensation you deserve. […]
