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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Throop Personal Injury Lawyer
If you’ve been injured in an accident in Throop, the last thing you want to worry about is handling a legal case on your own. Whether it’s a car accident, slip and fall, or workplace injury, the team at Munley Law is here to help you fight for the compensation you deserve. We’ll work to cover your medical expenses, lost wages, and emotional distress. After a car accident, workplace injury in Throop, or collision with a commercial truck, you deserve support and skilled legal guidance. Our personal injury attorney will protect your rights and help you pursue fair compensation. Contact us today to discuss your case at no cost.
How Our Throop Personal Injury Attorneys Can Help You
When you hire a personal injury attorney from Munley Law, you’re entrusting your case to a dedicated team with the expertise you need. […]
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Can You Sue a Car Manufacturer for a Car Crash?
If you’ve been involved in a car accident caused by a defective vehicle, you may be wondering if you can hold the manufacturer accountable. Product liability laws provide a legal pathway to pursue the compensation you deserve if the accident resulted from a defect in the vehicle’s design or manufacturing or failure to provide adequate warnings.
These cases can be complex, requiring thorough investigation and evidence to prove the manufacturer’s fault. Whether the defect involves faulty airbags, malfunctioning brakes, or a design flaw, understanding your legal options is essential. Speak with an experienced auto defect attorney at Munley Law to determine if you have a valid claim and explore your right to compensation.
Product Liability in Automotive Accidents
Manufacturer defects can cause automotive accidents. When that happens, the manufacturer may be held liable. Product liability claims allow individuals to seek compensation for injuries caused by such defects. […]
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York Car Accident Lawyer
When you need a York car accident lawyer after a car crash, the path forward can feel overwhelming and uncertain. Trying to recover emotionally and physically, all while navigating the ins and outs of filing a personal injury claim, is a lot for anyone to take on. But it’s important to remember that if you find yourself in such a situation in York, Pennsylvania, you’re not alone.
Munley Law brings decades of experience and a deep understanding of the local dynamics to help accident victims regain control of their lives. If you have experienced a car accident in York, PA, and are interested in financial compensation for your injuries, lost wages, and pain and suffering, our dedicated team is here to help guide you through the process.
Contact us today to schedule a free consultation and learn how we can protect your interests. […]
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Scranton Car Accident Lawyer
At Munley Law, our Scranton car accident lawyers have seen how devastating auto accidents can be for Scranton families. Our board-certified Scranton car accident attorneys understand Pennsylvania law inside and out, and we use that knowledge to build your case while you focus on recovery. Local insurance companies know our reputation in Lackawanna County – we don’t back down until our clients receive fair compensation.
Don’t let insurance adjusters pressure you into a quick settlement after your Scranton car accident claims. Contact our law firm today for a free consultation with our experienced auto accident attorneys. There is no fee unless we win your case.
Why You Should Hire an Auto Accident Lawyers in Scranton, PA
You might be unsure where to seek assistance following a car accident. Our auto accident lawyers want to be the first and last call you ever need to make because Munley Law Firm has the experience, […]
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What Happens After a Fatal Car Accident?
A fatal car accident completely changes the trajectory of the lives of a victim’s loved ones. They are unpreventable and sudden, and therefore it is hard to even make a plan for what you should do if a loved one dies in an accident. A part of coping with the loss can be to seek out legal action against the other driver. This is a valid response to such an accident, and it is important to know the process of getting your loved one justice.
If you lost a loved one because of the carelessness of another driver, understand that Munley Law Personal Injury Attorneys is here to help you through this difficult time. We will go after all those involved in your loved one’s death and will make sure both you and your family are compensated for any damages caused by the fatal accident. […]
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