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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York Premises Liability Lawyer
Property owners are legally obligated to maintain safe conditions for visitors and workers. If you’ve been injured on someone else’s property—whether you slipped on an icy walkway at a shopping center, fell down poorly maintained stairs at an apartment complex, or were hurt at a construction site—a York premises liability lawyer from Munley Law can help. For 65 years, our legal team has represented York County residents who’ve suffered injuries due to negligent property maintenance and inadequate security.
Contact Munley Law for a free consultation to discuss your case. Our experienced attorneys will evaluate your situation, explain your legal options, and fight to hold negligent property owners accountable.
How Our York Premises Liability Lawyers Can Help
When you work with Munley Law, our premises liability attorneys handle every aspect of your case. Our team thoroughly investigates your accident, gathering security footage, maintenance records, […]
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West Chester Lyft Accident Lawyer
When you’re involved in a Lyft accident, determining liability and securing fair compensation can be challenging due to the multiple insurance policies and parties involved. The experienced West Chester Lyft accident attorneys at Munley Law understand the unique aspects of rideshare accident cases and have a proven track record of helping victims in West Chester, PA pursue compensation for their losses.
Don’t let the stress of medical bills, lost wages, and insurance negotiations overwhelm you during this difficult time. Contact the Munley Law today for a free consultation. We will tirelessly fight to protect your rights and secure maximum compensation for your injuries.
Common Causes of Lyft Accidents in West Chester, PA
Distracted driving puts all drivers at risk and it’s, unfortunately, very common to see accidents caused by negligent distraction. Lyft drivers have a heightened risk of driving distracted. They often split their attention between the road and their app, […]
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York Medical Malpractice Lawyer
When you need medical care in York, PA, you are entitled to good faith treatment intended to improve your health and condition. Unfortunately, medical mistakes and negligence leave many patients struggling with pain and quality of life issues. If your care falls short of York’s professional standards, you need a medical malpractice lawyer.
At Munley Law, our legal team has decades of experience helping patients and families affected by healthcare negligence get justice and compensation. From working with medical experts to navigating Pennsylvania’s specific medical malpractice laws and procedures, our York medical malpractice attorneys thoroughly investigate each case. We consult with qualified medical professionals to prove that your care deviated from accepted standards and led to harm.
If you or a loved one has been injured by medical negligence in York, our legal team is here to help. Call Munley Law today to schedule a free consultation. […]
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Norristown Pedestrian Accident Lawyer
If you’ve been injured as a pedestrian in an accident due to someone else’s negligence, a Norristown pedestrian accident lawyer can help protect your rights and fight for the compensation you deserve. Pedestrian accidents can result in severe injuries, overwhelming medical expenses, lost wages, and emotional trauma. You need legal representation that delivers results. Our attorneys combine proven expertise with personal attention, methodically pursuing your rightful compensation while ensuring your needs remain the priority throughout the process..
At Munley Law, our attorneys have a proven track record of successfully handling pedestrian accident claims in Norristown and throughout Pennsylvania. We understand injured pedestrians’ struggles and are committed to providing personalized attention and aggressive representation to every client.
Contact Munley Law today for a free, no-obligation consultation with a skilled Norristown personal injury lawyer. For 65 years, we’ve been helping accident victims in Pennsylvania with their personal injury cases. […]
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Norristown Medical Malpractice Lawyer
Medical mistakes in Norristown healthcare facilities can lead to severe injuries, mounting medical expenses, and lost wages. When medical negligence upends your life, the Norristown medical malpractice lawyers at Munley Law fight to protect your rights and secure the compensation you deserve. Our experienced attorneys have represented Montgomery County clients 
against major healthcare providers throughout Pennsylvania for 65 years.
Medical malpractice victims often feel powerless against large healthcare institutions and their insurance companies. Munley Law levels the playing field. Our legal team handles the legal process, from gathering medical records to consulting with specialists, while you focus on recovery.
We work with leading medical experts to investigate your case and prove negligence. Our board-certified trial attorneys have secured millions in verdicts and settlements for victims of medical malpractice in Montgomery County.
If medical negligence has harmed you or a loved one, contact our Norristown personal injury law firm for a free consultation. […]
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