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.
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Truck Drivers Speeding
How Dangerous is a Speeding Truck Driver?
Accidents involving trucks and tractor-trailers can be pretty severe. According to the Pennsylvania Department of Transportation, there are almost 7,000 truck and tractor-trailer crashes in the state every year. Between 100 and 200 of these accidents result in fatalities annually.
The severity of these accidents is not surprising because commercial large vehicles are heavier than passenger vehicles. When the weight of the truck is combined with high speed, the outcome can be quite tragic.
This is why people who are involved in accidents with large commercial vehicles tend to suffer significant injuries. The authorities know this too. The Commonwealth of Pennsylvania has capped the upper-speed limit for all vehicles at 70 miles per hour for good reason. Even then, the maximum speed limit in Pennsylvania can be adjusted to account for road and weather conditions. […]
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How Much Is Your Rear-End Truck Accident Worth?
What to Do After a Rear End Truck Accident
Rear-end truck accidents can be devastating for you and your family, causing you to become injured, lose out on work, and have trouble paying your bills. You may be wondering, “How Much Is My Rear-End Truck Accident Worth?”
Only an experienced truck accident lawyer can tell you how much a possible settlement or trial verdict will be in your rear-end truck accident lawsuit. You need truck wreck experts who will evaluate your case and fight to help you win. The rear-end truck accident lawyers at Munley Law Personal Injury Attorneys can help you receive the compensation you deserve.
Munley Law Personal Injury Attorneys has been the go-to firm for victims of rear end accidents and their families for more than five decades. Our truck accident lawyers are recognized nationwide as leaders in truck accident law. […]
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How Long Does It Take to Recover From a Traumatic Brain Injury?
Traumatic Brain Injuries: The Long Road to Recovery
Being involved in a car crash, a fall, or other serious accident is scary and traumatizing. It is common for victims to go into shock, either physical or psychological, immediately following the accident. Therefore, when initially looking for injuries, it is easy to look for the visible: broken bones, cuts, scrapes, bruising, etc. Traumatic brain injuries, however, are oftentimes not visible to the naked eye but still accounted for 61,000 deaths in 2019 alone. A plethora of complications from traumatic brain injuries, ranging from minor cognitive delays to debilitating and life-threatening symptoms such as seizures and coma, can follow the victim for years after the injury. You need to know that brain injury recovery time can take anywhere from a few weeks to ten years.
In this post, we will explore what exactly a traumatic brain injury is, […]
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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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Reading Factory Worker Injury Lawyer
Reading is the historical home of the famous Reading Railroad, the county seat for Berks County, and one of PA’s biggest cities. Industry is still an economic lynchpin in Reading and the city’s manufacturing employers are among some of the area’s largest. Reading’s versatile workforce is one of the reasons factories choose Reading as their base of operations. And Reading’s factory workers are essential to the success of local factories.
However, factory work is notoriously dangerous. If you or a loved one has been injured or killed while at work at a factory in Reading, West Reading, or anywhere in Berks County, you want to make sure you hire the most experienced, competent Reading factory worker injury attorneys to fight for the financial compensation you deserve. For six decades, Munley Law has been helping injured factory workers throughout Pennsylvania after a terrible accident. Our Reading workers’ compensation lawyers work hard to make sure your rights are protected. […]
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