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 Explosion Injury Lawyer
Injured in an Explosion? Our Reading Explosion Accident Attorneys Can Help
An explosion can do a lot more than just destroy property. In the blink of an eye, it can take away everything you love. When you get hurt because of a landlord, property owner, or utility company’s carelessness, you may wonder what options you have to get your money back. Fortunately, an experienced Reading explosion injury lawyer can help you and make sure you get the money you deserve.
For more than 60 years, the Reading premises liability lawyers at Munley Law have been helping people throughout Berks County who have been hurt after an explosion. We know that a gas leak explosion can cause a lot of damage and major injuries. Our lawyers will fight hard for you to make sure that the right people are held accountable. We will figure out how much you’ve lost, […]
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Hazleton Distracted Driving Accident Lawyer
Driver distraction is one of the leading causes of motor vehicle accidents. Driving requires focus and undivided attention, but too many people choose to endanger themselves and others by multitasking behind the wheel.
If a distracted driver hits you or someone you love in Hazleton, you need a Hazleton distracted driving accident lawyer who can prove negligence and win you maximum compensation. The Hazleton car accident lawyers at Munley Law have decades of experience representing car accident injury victims, and we have won numerous multimillion-dollar settlements and verdicts. Our attorneys have earned the industry’s highest ratings from Martindale-Hubbell, and have been named the Best Lawyers in America. Let us get you the justice you need.
Get the help you need today. Contact Munley Law for a free consultation. We will listen to your story and give you advice as to how to proceed, and if you choose to hire us to represent you, […]
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Carbondale Medical Malpractice Lawyer
Medical errors are now the third-leading cause of death in the United States. This means that more than 250,000 people die every year in the U.S. as a result of an error by a doctor, nurse, or another medical professional. Doctors and other medical professionals have a duty to care for patients according to a “standard of care.” If a medical professional does not act within this standard of care, they are said to act negligently. Not acting can also be negligent. And if the medical professional’s negligence causes harm to the patient, medical malpractice has occurred.
If you or someone you love suffered an injury as a result of a medical error, Call our experienced Carbondale medical malpractice lawyer for a free, initial consultation. We can advise you of your rights and guide you as you decide whether to file a medical malpractice claim. […]
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Pittsburgh Birth Injury Lawyer
Our Pittsburgh Birth Injury Lawyers Will Get You Justice
Having a baby should be a joyous occasion. Unfortunately, when medical negligence causes a birth injury, the consequences can be devastating for the entire family. As leading birth injury lawyers in Pittsburgh, Munley Law is dedicated to providing support and representation to families affected during the difficult time following a birth injury. We understand the suffering and loss a family can experience when a child is injured during birth due to medical negligence. Our attorneys are experienced in working with families to seek justice for the wrongs that occurred.
At Munley Law, our Pittsburgh personal injury lawyers are committed to providing personalized representation to each client we serve. Our attorneys have extensive knowledge and experience handling birth injury cases. We can provide you with the resources and legal guidance you need to seek justice. […]
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Wilkes-Barre Fatal Truck Accident Lawyer
Our Wilkes-Barre Fatal Truck Accident Attorneys Can Get You Justice
Truck accidents are some of the most destructive types of crashes that happen in Wilkes-Barre. Far too often, these truck crashes result in loss of life. A fatal truck crash can upend the lives of surviving family members and leave you devastated, looking for answers, and wanting justice. No amount of money can make up for the sudden loss of a beloved family member, but a lawsuit can hold the at-fault party accountable for their actions and bring you some future security so that financial burdens do not interfere with your ability to honor your loved one’s memory in peace.
If someone you love was killed in a fatal truck accident in Wilkes-Barre, contact the Wilkes-Barre truck accident lawyers at Munley Law. Our compassionate team of legal experts will answer your questions, […]
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