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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Pottsville Birth Injury Lawyer

Navigating the Complexities of Birth Injury Law with Dedicated Advocacy

Birth injuries can occur regardless of the birth location, and not every incident qualifies for a medical lawsuit against the delivering doctor or the hospital. Our Pottsville birth injury lawyer is equipped to evaluate your situation and clarify your entitlement to compensation for your child.

Since 1959, Munley Law Personal Injury Attorneys have been a trusted advocate for families across Pottsville, PA, in cases. Recognized as one of the leading law firms nationally, including receiving the Super Lawyers accolade, we have successfully secured necessary compensation for hundreds of families like yours.

Contact us today to arrange a complimentary consultation, either by phone or through our online form.

Understanding Birth Injuries

Birth injuries are traumatic physical injuries that can occur to a child before, […]

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Easton Catastrophic Injury Lawyer

Catastrophic injuries are severe injuries that have a profound and long-lasting impact on the victim’s life. These injuries often result in permanent disability, significant suffering, and substantial medical and personal challenges. If you were involved in a serious accident that resulted in a catastrophic injury, your first option is to speak with an experienced Easton catastrophic injury lawyer at Munley Law. We have over 60 years of experience helping injury victims recover from a severe injury. We’re here for you. Contact us today to schedule a free consultation.

What is Considered a Catastrophic Injury?

When an accident results in severe, life-altering injuries, it falls under the legal category known as “catastrophic injuries.” These are Easton Catastrophic Injury Lawyerinjuries that impose significant and long-term effects on the victims, often preventing them from returning to their pre-accident lifestyle and work.

In legal terms, a catastrophic injury permanently prevents an individual from performing any gainful work, […]

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Bloomsburg Slip and Fall Lawyer

If you or a loved one has suffered an injury due to a incident in Bloomsburg, you understand the physical, emotional, and financial toll it can take. Our Bloomsburg slip and fall lawyer is here to guide you through every step of the process, ensuring that your rights are protected and you receive the compensation you deserve. With a deep understanding of Bloomsburg’s legal landscape and a commitment to personalized care, we are your trusted ally in navigating these challenging times.

Common Causes of Slip and Fall Accidents

Slip and fall accidents are surprisingly common and can happen due to a variety of factors. Some common causes include:

  • Bloomsburg Slip and Fall LawyerIcy or Snowy Surfaces: In Bloomsburg’s cold winters, untreated sidewalks and parking lots can become treacherously slippery.
  • Wet Floors: Spills or recent cleaning in stores, restaurants, and other public areas can create a . […]

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Workers’ Compensation in Norristown: Third Party Claims

If you find yourself in the unfortunate situation of facing a workplace injury in Norristown, PA, you deserve to understand all your options for compensation and support. At Munley Law, we’re here to provide you with comprehensive guidance, not just in workers’ compensation claims but also in navigating the complexities of third-party claims associated with workplace accidents.

Norristown, with its rich history and vibrant community, thrives on the dedication of its workforce. We understand the importance of your job, your role in this community, and the impact an injury can have on your life.

Workplace Accidents Can Involve Multiple Responsible Parties

Back pain caused by a workplace incident in HarrisburgHowever, workplace accidents can sometimes involve third , such as contractors, manufacturers, or property owners. If a third party’s contributes to your injury, you may be entitled to compensation beyond traditional workers’ compensation benefits. […]

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What Is the Average Brain Injury Settlement Value in Allentown?

Brain injuries, ranging from mild concussions to severe traumatic brain injuries (), can have a profound impact on an individual’s life. These injuries often result in long-term cognitive, emotional, and physical impairments, affecting not only the victims but also their families. The consequences can include significant medical expenses, of income, and reduced quality of life, making the understanding of settlement values important for victims seeking compensation. That’s why it’s important to speak with an experienced Allentown brain injury lawyer to learn what your options are.

When it comes to settlements for brain injuries, numerous factors come into play, such as the severity of the injury, the circumstances surrounding the accident, and the resulting . In Allentown, Pennsylvania, these settlements can be particularly complex due to the city’s unique legal landscape and the local court system. Understanding the average brain injury settlement value in Allentown is vital for victims and their families. […]

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