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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Munley Law Personal Injury Attorneys Reaches $3.97 Million Settlement in Tractor Trailer Case
(May 2015 – Scranton, PA) – Munley Law Personal Injury Attorneys today announced a $3.97 million settlement in a case stemming from a tractor trailer accident in January, 2011. Plaintiff, Allison Kowalski, whose husband, Mark Kowalski, was killed, was represented by Attorneys Daniel Munley and Marion Munley of the Munley firm.
Mr. Kowalski, from New York state, was traveling east on I-80 in Columbia County, PA, when he encountered defendant Patrick Webb, a Texas truck driver who was also traveling eastbound on I-80. Webb was driving for PBM, a Texas trucking company. The trailer he was hauling was leased to PBM by Republic National Industries of Texas.
Webb lost control of his rig on the snow-covered highway, and his tractor slid off of the road and into the median. Kowalski, who was traveling behind Webb, […]
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How We Work
The personal injury lawyers at Munley Law Personal Injury Attorneys understand that the legal process following a tragedy can be overwhelming. We know you will have many questions, and our team will guide you throughout the entire process. What we do, as personal injury lawyers, is help to relieve the financial burdens that come with tremendous loss and to bring justice to help compensate for the pain, suffering, and trauma that takes an emotional as well as a financial toll on people’s lives.
We Do Not Get Paid Unless We Win Your Personal Injury Case
One of the most common questions people have is: “How much is this going to cost?” Often, people will avoid hiring a lawyer because they assume they cannot afford to pay for legal services. At Munley Law Personal Injury Attorneys, our attorneys work on a contingent-fee basis. This means that we only get paid if we recover compensation for you. […]
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Newsroom
For press inquiries, please contact Wendy Lindars at 570-983-3860 or [email protected].
Since its founding, Munley Law Personal Injury Attorneys has achieved hundreds of millions of dollars in settlements and verdicts on behalf of victims of injury and loss. Our attorneys have helped to create laws that protect innocent people from the negligence of others, thereby helping to create a safer world. To that end, we are committed to staying abreast of the developments in our field. Explore the sections below to read the latest stories, and learn more about topics that affect us all.
About Munley Law
Learn about the history of Munley Law
In the News
Learn about our newsworthy achievements and accomplishments
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Munley Law Personal Injury Attorneys is proud to serve the community in as many ways as possible
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See our videos for Munley interviews, […]
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Nov. 16 is World Day of Remembrance for Road Traffic Victims
At Munley Law Personal Injury Attorneys, we know as well as anyone that car accidents, and the tragedies they can leave behind, are all too common. Each year, over 30,000 people are killed in motor vehicle accidents in the United States alone. Hundreds of thousands more are injured. We hear about these incidents every day, but there is nothing routine about the pain and trauma that they can cause. That is why, on November 16, we will pause to remember the victims of traffic accidents and their families.
According to the World Health Organization, The World Day of Remembrance for road traffic victims was first observed in 1993. In 2005, the United Nations endorsed it as a day of remembrance to be observed annually on the third Sunday in November.
All across the United States and the world, […]
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Daylight savings time leads to more accidents
Last weekend, Americans gained an hour of sleep as daylight savings time (DST) ended and the clocks were set back one hour. For most people, the time change means a slight adjustment to our sleep schedules and to the evenings becoming darker earlier. However, the overnight time change can also lead to an increase in car and pedestrian accidents.
Not surprisingly, traffic and pedestrian accidents are more likely to occur in darkness. Loss of daylight means lower visibility, which is especially dangerous for pedestrians. Darkness is also more conducive to drowsy driving, a leading cause of car and trucking accidents.
According to CBS New York, the Monday after clocks are set forward when DST begins in the spring is “one of the deadliest days on the road,” as drivers are more likely to be tired, having “lost” an hour of sleep, […]
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