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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Texas Truck Accident Lawyer
Until you’ve been involved in an accident with a large truck, it can be hard to imagine how much it will impact your life. Our top rated truck accident lawyers have decades of experience. We know the physical, emotional, and financial strain that burdens many families after a serious accident.
Truck accidents are not just larger versions of car accidents. They involve unique legal challenges and require extensive knowledge to make sure you receive the compensation you deserve. At Munley Law, our experienced Texas truck accident lawyers are dedicated to holding trucking companies accountable and securing maximum client compensation. We are ready to help you get back on your feet.
Why Munley Law is the Representation You Can Trust
Munley Law was founded in 1959. Since then, our family-run firm has established a nationwide reputation as one of the leading firms in personal injury and truck accident law. […]
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Reading Bus Accident Lawyer
We share our roads with commercial and municipal buses every day. When an unfortunate bus accident occurs, victims are left to manage injuries, physical damages, psychological damages, lifestyle adjustments, financial losses, and, in the worst-case scenarios, death. You want to seek the compensation that you need and are entitled to; keep in mind that bus companies have large teams ready to manage their defense and great sources of financial backing to do so. This can be extremely intimidating if you do not have the help of an attorney who is experienced in dealing with these large bus company entities and their counterparts.
If you or someone you love was hurt or killed in a bus accident, our Reading bus accident lawyers can help you recover the compensation you need to rebuild your life. We represent bus passengers as well as drivers of other vehicles, pedestrians, or bicyclists who were hit by a bus. […]
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Alabama Truck Accident Lawyer
With Alabama’s freight industry growing rapidly and thousands of large trucks traveling the state’s highways every day, the risk of serious truck accidents is higher than ever. Collisions involving 18-wheelers, logging trucks, commercial trucks, or delivery vehicles can cause devastating injuries, extensive property damage, and long-term emotional and financial hardship. These cases are often far more complex than regular car accidents, involving federal safety regulations, corporate defendants, and aggressive insurance companies working to minimize payouts.
At Munley Law, we have decades of experience handling high-stakes truck accident cases across the country. Our nationally recognized attorneys have successfully taken on major trucking companies and won substantial recoveries for victims and their families. If you’ve been hurt in a truck crash in Birmingham, Mobile, Huntsville, Montgomery, or anywhere else in the state, we’re here to fight for the justice and compensation you deserve.
Contact us today for a free consultation. […]
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Dedicated Lyft Accident Lawyer
Our Lyft Accident Lawyers Can Fight For Your Rights
If you were involved in an accident with a Lyft driver, your first call should be to a Lyft accident lawyer at Munley Law. With over 60 years of experience, we understand the issues surrounding these types of accident cases. We will make sure you get compensation for your injuries from the at-fault driver and help you on the path to recovery.
Don’t wait. Schedule a free consultation with our Lyft accident attorney today to start the claims process.
What is Ridesharing?
Ridesharing is a service that directly connects drivers with passengers who need transportation services. The idea is as old as the 1990s when small start-ups generated a new way to help people find carpooling partners – literally “ride sharing”. However, ridesharing as we now know it was pioneered in 2009 by Uber. […]
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Bethlehem Slip and Fall Accident Lawyer
Be it an iced, slick walkway, a spill in the grocery store, or an uneven sidewalk when slip and fall accidents occur, you can get a lot more than a bruised knee. Though no one intentionally plans to hurt another with a spill or other surface issue, property owners have a duty of care owed to visitors and guests to keep their properties safe and clear. And when those properties are not properly maintained and you get hurt, you need someone to turn to.
If you or a loved one were injured in a slip and fall accident in Bethlehem or the surrounding area, allow the personal injury lawyers of Munley Law to take on your case. Our lawyers have over 60 years of experience fighting for the rights of Pennsylvania’s injured.
For a no-obligation, free consultation, contact the slip and fall accident lawyers of Munley Law. […]
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