What is a Loss?
A loss is the monetary value assigned to an injury or damage in a personal injury claim, including pain and suffering, past and future income, future medical care, at-home assistance, current medical bills, etc.
According to Black’s Law Dictionary, “loss” is defined as “the harm or damage resulting from an injury; the deprivation or detriment to an owner or possessor as a result of a judgment or voluntary transfer of property.” As such, loss is often a broad term in law, encompassing both tangible and intangible impacts as loss can come from a variety of forms of damages.
Legal principles governing loss aim to provide remedies, compensation, or restitution to individuals or entities adversely affected by wrongful acts, accidents, or adverse events. Loss can include economic loss, personal loss or property loss. The assessment of loss often involves evaluating evidence, calculating damages, and applying legal standards to determine liability and appropriate remedies in civil litigation or legal disputes. As a legal term, loss underscores the importance of addressing and mitigating the impacts of losses through legal recourse and equitable remedies in accordance with applicable laws and judicial principles.
More information about Loss
What Are the Chances of Winning a Personal Injury Lawsuit?
When you are hurt in an accident because of the negligence of another, your first instinct may be to just let it go. After such a traumatic experience, it’s easy to want to push past it and move forward. However, other people may see this traumatic experience and immediately think the right move is to sue in a personal injury lawsuit.
But what are the chances of winning a personal injury lawsuit? While no personal injury attorney can guarantee an outcome for your claim or case, working with a reputable law firm can help you win your claim and secure the compensation you need to move forward.
When Can You Sue For a Personal Injury?
There are many accidents that may result in needing to file a personal injury claim or lawsuit to recover the compensation needed to deal with your injuries and financial losses. […]
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Why Is My Car Accident Settlement Taking So Long?
Sitting around and waiting for your case to settle can be frustrating. It may feel as though you are not being prioritized, or that you’ve been forgotten, but that is not the case. Asking, “Why is this taking so long?” is valid but cannot be easily answered.
The process of settling a case is complex, intricate, and includes many working parts that take time. In some cases, a car accident claim may have to go to court because both parties cannot reach an agreement. This can make the whole process even longer. An important fact to remember is that every case is unique; therefore, the amount of time it takes for a case to settle is unique. Although easier said than done, it is important to stay as patient as possible when waiting for your settlement.
Why Do Car Accident Settlements Take Such a Long Time? […]
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How Do You Prove a Traumatic Brain Injury?
Whether you were hurt in a car accident, workplace accident, or another personal injury case, receiving a diagnosis of a traumatic brain injury (TBI) can be scary. With more than 64,000 TBI related deaths in 2020 alone, you or your family will be fighting to ensure the proper care is given for the injured victim. But if you were injured as a result of someone else’s negligence, how do you prove a traumatic brain injury was suffered?
At Munley Law Personal Injury Attorneys, we represent personal injury victims and their families who have suffered a traumatic brain injury and now are fighting for compensation from the insurance companies, or the liable party. If you suffered from a TBI following a car accident, workplace accident, or another event, call Munley Law Personal Injury Attorneys. We can help. […]
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Speeding Accident Lawyer
Car Accident Lawyers Helping Victims of Speeding-Related Crashes
Speeding causes thousands of deadly crashes every year. Excessive speed increases the likelihood that a driver will lose control of their vehicle and cause a crash. What’s more, collisions that occur at a high rate of speed result in more injuries and are more likely to be fatal.
If you were injured in a car accident with a driver who was speeding or driving aggressively, that driver should be held responsible for the harm they’ve caused. However, you will still need to prove that the other driver was at fault for the crash and the economic and noneconomic damages you have suffered. Even if your case seems straightforward, insurance companies are unlikely to provide maximum compensation unless you have legal representation. That’s where a car accident lawyer at Munley Law Personal Injury Attorneys can make a big difference. […]
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Workers Compensation Lawyer for McLane Warehouse Injuries
Warehouse injuries remain one of the most commonly listed reasons for an employee seeking workers’ compensation benefits. With accidents involving dangerous machinery that can lead to crushed limbs, hands or fingers and even amputation, broken bones, lacerations, electrical burns, and wrongful death, these employees need all the protection they can get.
If you are employed by a McLane Warehouse and have been hurt at work, let Munley Law Personal Injury Attorneys assist you in the workers’ compensation process.
About McLane Warehouses
McLane Company, Inc. is one of the largest supply chain services in the United States, providing grocery and foodservice solutions for a number of stores and chain restaurants. McLane operates more than 80 distribution centers and buys, sells and delivers more than 50,000 consumer products to nearly 110,000 locations across the U.S. Further, McLane employs over 20,000 employees. […]
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