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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Reading Drunk Driving Accident Lawyer
Reading is, unfortunately, not immune to the nationwide issue of drunk driving. Despite stringent laws and ongoing awareness campaigns, driving drunk is still a pressing issue. At any time, you can become the victim of a car accident as a result of a reckless drunk driver.
If you or a loved one were injured in a car crash perpetrated by a drunk driver, obtaining justice can feel overwhelming. You may be grappling with severe injuries, trauma, and skyrocketing medical bills. However, you don’t have to face these challenges alone. Hiring a proficient drunk driving injury lawyer in Reading, PA is essential to recovering compensation in your case.
An experienced drunk driving injury lawyer from Munley Law can provide the legal expertise and support you need. With over six decades of proven experience, we can help navigate the complex legal system and protect your legal rights.
Understanding Drunk Driving Accidents in Reading, […]
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Can You Sue For Wrongful Death In A Motorcycle Accident Claim?
Are you wondering if you can sue for wrongful death in a motorcycle accident claim? Losing a loved one in a tragic accident is devastating, and seeking justice for their untimely death is an important step towards closure.
In this article, our motorcycle accident lawyers will explore the possibilities of filing a wrongful death claim in the context of a motorcycle accident.
When it comes to wrongful death claims in motorcycle accidents, understanding the legal process is crucial. To successfully sue for wrongful death, you will need to establish negligence on the part of the responsible party. This means proving that their actions or lack of action directly caused the accident and subsequent death.
It may involve gathering evidence such as witness testimonies, accident reports, and expert opinions to build a strong case. Additionally, each state has its own set of laws and statutes of limitations that govern wrongful death claims. […]
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What Kind of Compensation Can I Get For My Construction Accident Injuries?
Construction accidents can be a life-altering experience, with consequences that reach far beyond physical harm. If you’ve been injured on a construction site, it’s important to understand the potential value of your case. This article seeks to help you unravel the complexities of estimating this worth, considering factors from medical expenses to emotional trauma. Remember, every case is unique and hinges on numerous elements. Consult with a Hazleton construction accident attorney for a precise evaluation of your specific circumstances.
Grasping the Concept of Legal Damages
When you’re navigating a construction accident case, you’ll often come across the term “legal damages.” These damages refer to the monetary compensation you can potentially receive if your case is successful. Understanding them is crucial as they form the basis for assessing the worth of your case.
It’s important to note that if you are working at the time of the construction accident, […]
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How Long After a Car Accident Can You Sue in Pittsburgh?
Navigating the aftermath of a car accident can be overwhelming, especially when it comes to understanding your legal rights. You may be considering legal action but are unsure of the timeline to pursue a lawsuit. In Pennsylvania, specific laws define this period, known as the statute of limitations. Understanding this time constraint is crucial as it determines your ability to seek justice and potentially receive compensation. This article will guide you through the ins and outs of the statute of limitations for car accidents in Pittsburgh.
If you are involved in a car accident in Pittsburgh, your first action should be to contact a Pittsburgh car accident lawyer as soon as possible. Munley Law can help you with your claim and get you the compensation you deserve.
Negligence, Duty of Care, and Liability in Car Accidents
To understand car accident lawsuits, you need to know a few key terms: negligence, […]
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Massachusetts Truck Accident Lawyer
Massachusetts Truck Accident Attorney
If you were injured in a truck accident, our Massachusetts truck accident lawyers can help.
According to the Federal Motor Carrier Safety Administration (FMCSA), there were approximately 415,000 accidents involving trucks in the U.S. in 2020. Over 24% of them caused serious injuries, and about 1% were fatal. In Massachusetts, nearly 6% of large trucks on the road were involved in a crash. More importantly, accidents involving tractor-trailers cause the most serious injuries and accidents on Massachusetts roads.
If you or someone you know was injured in a crash with a large commercial truck in Massachusetts, our nationwide truck accident lawyers are ready to fight for you. Schedule a free consultation with the nation’s premier truck accident lawyers at Munley Law today.
Types of Compensation Available to Victims of Truck Accidents in Massachusetts
Victims of collisions with a large commercial truck may be able to receive compensation for some or all of the following:
- Past, […]
