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.

More information about Economic Damages

How much is my uninsured motorist claim worth in Philadelphia?

How much is my uninsured motorist claim worth in Philadelphia?In the bustling streets of Philadelphia, car accidents are an unfortunate reality that many residents face. What’s even more concerning is the presence of uninsured motorists who add an additional layer of complexity to an already stressful situation. If you’ve been involved in a car accident with an uninsured driver in the City of Brotherly Love, you’re not alone in wondering, “How much is my uninsured motorist claim worth in Philadelphia?”

Navigating the intricacies of uninsured motorist claims in Philadelphia requires a deep understanding of local laws and regulations. This is where the expertise of a Philadelphia car accident lawyer becomes invaluable. At Munley Law Personal Injury Attorneys, we’ve been serving the Philadelphia community for years, and we specialize in handling uninsured motorist claims. 

Our team is well-versed in the unique aspects of Philadelphia’s legal landscape, ensuring that our clients receive the guidance and representation they need during these challenging times. […]

Read More

More information about Economic Damages

Can I Sue Uber for Emotional Distress After an Accident?

CAN I SUE UBER FOR EMOTIONAL DISTRESS?

Picture this: It’s Saturday night and you are leaving your favorite local restaurant. You plan to Uber back home after meeting up with friends. You book a car, and within no time, your Uber is waiting for you. All seems well until your Uber driver starts to exhibit signs of reckless driving. He’s speeding, being aggressive toward other drivers, and leaving you feeling uneasy. Then it happens, you’re in a car accident. Not only do you have physical injuries, but emotional trauma as well.

With more Americans opting for rideshare transportation, it’s no wonder that we’re seeing services like Uber and Lyft accounting for a percentage of total traffic accidents and fatalities. In a 2018 study by the University of Chicago and Rice University, it was found that rideshare services such as Uber and Lyft actually make up a two to three percent increase in traffic fatalities since 2011. […]

Read More

More information about Economic Damages

Upper Darby Premises Liability Lawyer

Upper Darby Premises Liability LawyerYour Premises Liability Attorneys in Upper Darby

Upper Darby is a vibrant township located just outside of Philadelphia, Pennsylvania, known for its rich history, diverse community, and bustling commercial areas. It’s a place where people visit a variety of premises, from shopping malls to public parks and even historic landmarks. However, accidents can happen anywhere, and when they occur on someone else’s property, the complexities of premises liability come into play. In such situations, having a qualified lawyer becomes essential for navigating the legal landscape.

Among the available options, Munley Law Personal Injury Attorneys stand out for their decades-long experience and a proven track record of securing fair compensation for accident victims. Contact our Upper Darby premises liability lawyer for your free initial consultation and make sure that you are on the right track for your justified compensation. 

Understanding Premises Liability Law

Premises liability law covers a broad range of accidents that can happen on someone else’s property, […]

Read More

More information about Economic Damages

Williamsport Motorcycle Accident Lawyer

Motorcycle accidents can be devastating, leaving victims with not only physical injuries but also emotional and financial burdens. For residents of Williamsport, PA, seeking specialized legal representation is crucial to ensure justice and adequate compensation.

Williamsport Motorcycle Accident Lawyer

For over six decades, Munley Law has been a beacon of trust and expertise in the realm of personal injury law. Established in 1959, our firm has consistently championed the rights of accident victims throughout Pennsylvania. With a team of award-winning personal injury lawyers, Munley Law has a long track record of success in the most serious injury and accident cases.

Choosing the Right Williamsport Motorcycle Accident Lawyer

In the aftermath of a motorcycle accident, the legal maze can be daunting. The choice of representation can make a significant difference in the outcome of your case. Munley Law’s guiding motto, “Choose Carefully,” […]

Read More

More information about Economic Damages

Third Party Claims in Workers’ Compensation Cases in Harrisburg

Harrisburg Workers Compensation Third Party ClaimsIf you’re facing the complexities of workers’ compensation issues right here in our state’s capital, you’re not alone. Our team at Munley Law understands the unique challenges that Harrisburg workers may encounter when navigating the workers’ compensation system and dealing with third-party claims. We’re here to guide you through the process, providing you with the knowledge and expertise needed to protect your rights and secure the compensation you deserve.

Harrisburg, the vibrant capital city of Pennsylvania, is a city teeming with diverse industries, from government and healthcare to manufacturing and education. With so many workers contributing their skills and dedication to our community, workplace accidents and injuries can unfortunately happen. When they do, it’s crucial to have a trusted Harrisburg workers’ comp lawyer by your side to ensure you receive the full benefits and protections you’re entitled to under Pennsylvania law.

At Munley Law, […]

Read More
Search
Categories
Archives
LCA
PA Bar Association
top 100
Super Lawyers
Best law firms
best lawyers
top 1% of trial lawyers
av
Irish Legal
BBB Accreditation Badge The information contained on this website does not create an attorney-client relationship nor should any information be considered legal advice as it is intended to provide general information only. Prior case results do not guarantee a similar outcome.
844-263-8849
Back to Top