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.

More information about Economic Damages

North Huntingdon Personal Injury Lawyer

No one ever considers the effects of a personal injury unless they go through it themselves. Catastrophic injuries from car accidents, slip and falls, workplace incidents, or medical affects every aspect of the victim’s life. Physical pain, intense emotional distress, and crippling financial strain are all side effects of a single personal injury.

We’re going to talk you through what your rights are after suffering a personal injury, what legal issues you may face, and the legal services a Munley North Huntingdon personal injury lawyer offers. For more questions, call the Munley law offices at 844-563-9077 or fill out our online contact form. Our personal injury attorneys offer a free consultation where we will discuss your story, assess your , and lay out your legal options. Call today.

Understanding Your Rights After an Injury in North Huntingdon

There are four main components to a Pennsylvania personal injury lawsuit you should understand before filing your claim. […]

Read More

More information about Economic Damages

What Are the Signs of Shock After a Car Accident?

The force of a car crash can send the body into shock, a serious physical condition that can be life-threatening. While victims of car accidents often experience a state of mental shock, medical shock is something different. Medical shock is a condition that occurs when your body struggles to pump enough blood to your vital organs. Understanding the signs of both physical and emotional shock after a can help ensure you receive the care you need and avoid dangerous complications.

Common Types of Shock Caused By Car Accidents

Shock happens when a lack of blood flow prevents oxygen from getting to your organs, which can lead to permanent damage or death if not treated quickly. There are a few different kinds of shock that can occur as a result of a car accident:

Hypovolemic Shock

In car accidents, […]

Read More

More information about Economic Damages

Cranberry Township Car Accident Lawyer

Motor vehicle accidents always results in a loss: the loss of physical freedom, the loss of expensive property, the loss of emotional stability, the loss of financial security, and sometimes, even the loss of life. While a car accident lawsuit can’t undo what happened to you or your loved ones, it can help alleviate the unexpected financial burden of the car crash and it can give you some sense of justice and peace.

The Cranberry Township car accident attorneys at Munley Law are here to help pick up the pieces after a serious accident. Since opening our doors in 1959, we have helped clients throughout Butler County recover compensation for medical bills, lost wages, and other accident-related expenses. Contact us today for a free consultation about your car accident case with a Cranberry Township personal injury lawyer. We’ll review your options and explain how we can help protect your rights under Pennsylvania law. […]

Read More

More information about Economic Damages

Cranberry Township Personal Injury Lawyer

If you’ve suffered a personal injury and you live in Cranberry Township, the experienced attorneys at Munley Law are here to help. We’ve spent decades assisting people in Butler County and the surrounding areas get the compensation they deserve after serious injuries.

You shouldn’t have to handle medical bills, insurance paperwork, and lost wages on your own after an injury. The Cranberry Township personal injury attorneys at Munley Law manage every aspect of your case so you can focus on getting better. Our success record includes millions in settlements and verdicts for Butler County residents who’ve been the victims of serious accidents, and we’re ready to put that experience to work for you.

Why Choose a Personal Injury Attorney at Munley Law

Why Choose a Personal Injury Attorney at Munley Law, Cranberry Township personal injury lawyer Daniel MunleyThe attorneys at Munley Law bring deep Butler County knowledge to your personal injury case. Our local experience matters — from understanding how specific intersections along Route 19 impact car accident cases to knowing which insurance adjusters handle claims in our region. […]

Read More

More information about Economic Damages

Lower Paxton Township Personal Injury Lawyer

No one anticipates a life-altering accident. We don’t drive expecting a collision, so we rely solely on our vehicle’s safety features. We don’t climb scaffolding anticipating a fall, so we lack financial reserves for extended work absences. And nothing prepares us emotionally for losing someone we love to a preventable tragedy.

In the aftermath, legal action rarely tops our priorities. Yet because these devastating events weren’t part of our life plan, a personal injury often becomes the bridge between financial stability and ruin. This is where a Lower Paxton personal injury lawyer from Munley Law makes all the difference. For 65 years, our firm has supported Harrisburg-area residents, guiding Lower Paxton Township neighbors through complex injury cases to secure the compensation they deserve.

Our Lower Paxton personal injury lawyers serve clients throughout the township—from Colonial Park to Linglestown and all communities between. Choosing Munley Law means receiving personalized attention from nationally recognized attorneys who excel in personal injury advocacy. […]

Read More
Search
Categories
Archives
LCA
PA Bar Association
top 100
Super Lawyers
Best law firms
best lawyers
top 1% of trial lawyers
av
Irish Legal
BBB Accreditation Badge The information contained on this website does not create an attorney-client relationship nor should any information be considered legal advice as it is intended to provide general information only. Prior case results do not guarantee a similar outcome.
855-866-5529
Back to Top