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
How to Tell If a New Tire Is Defective
Tires play a critical role in your safety when driving a vehicle. 
A defective tire can suddenly fail or blow out at high speeds, causing your vehicle to spin out of control, roll over, or veer into oncoming traffic. Tread separation or sidewall collapse can lead to immediate loss of steering control, resulting in multi-car collisions, running off the road, or crashing into fixed objects.
Knowing how to spot the signs of a defective tire is important. This guide will explain what you need to know about this topic. If you believe you were injured because of a tire defect, contact the product liability lawyers at Munley Law for your free consultation today.
Visual Indicators of a Defective Tire
A quick visual inspection can often tell you whether a tire is defective. Warning signs to be on the lookout for include:
- Unusual tire tread patterns
- Tread separation, […]
More information about Loss
Chlorine Gas Exposure Lawyer
We often don’t think about how severe chlorine can be. Used primarily in swimming pools and cleaning products, if you are exposed to chlorine in small doses, you may not experience much more than an irritation to your skin or eyes. But when you are exposed to dangerously high levels of chlorine gas, you could experience lifelong complications or even death.
Victims of chlorine gas poisoning may be entitled to financial compensation for their injuries if a negligent property owner caused the exposure. If you suffered chlorine gas poisoning, call an experienced chlorine gas exposure lawyer at Munley Law today to schedule a FREE consultation regarding your legal options. You may also complete our easy-to-use contact form or use our online chat to speak with a premises liability lawyer immediately.
How Does Chlorine Gas Poisoning Occur?
According to the Centers for Disease Control and Prevention, […]
Read MoreMore information about Loss
What Is the Average Compensation for a Pedestrian Hit by a Car in Philadelphia?
Philadelphia sees hundreds of pedestrian accidents each year, with Center City and Roosevelt Boulevard being common accident sites. Being hit by a car as a pedestrian is traumatic, and understanding what compensation you might receive can help ease some of your worries. While every case is different, pedestrian accident settlements in Philadelphia typically range from $50,000 to $200,000, with some cases reaching into the millions depending on several factors we’ll explore below.
If you were involved in a pedestrian accident in Philadelphia, Munley Law is here to help. Contact our Philadelphia pedestrian accident lawyers today to learn your legal options and get your questions answered.
What Determines Compensation Amount in a Philadelphia Pedestrian Accident Case?
The size of your settlement depends on multiple factors working together. Medical bills are usually the starting point—everything from ambulance rides and emergency room visits to ongoing physical therapy is counted. […]
More information about Loss
Personal Injury Lawyer
A personal injury lawyer can be the difference between struggling with medical bills and securing the compensation you deserve. At Munley Law, we’ve built our reputation by consistently outmaneuvering insurance companies and winning substantial settlements for our clients. While other firms might pressure you to accept a quick, inadequate settlement, we meticulously build your case and push back against lowball offers – often doubling or tripling initial compensation offers through aggressive negotiation and litigation.
Don’t let insurance adjusters minimize your suffering or deny you fair compensation. Our record of multi-million dollar verdicts proves we know how to win, and we’re ready to put that experience to work for you. Contact our personal injury lawyers today for a free consultation and learn why many injured clients trust Munley Law to fight for their future.
How A Personal Injury Attorney Can Help With Your Case
As the injured victim, […]
Read MoreMore information about Loss
Who Gets the Money in a Wrongful Death Lawsuit?
If you have recently lost a loved one in a tragic accident, you may be wondering how a wrongful death claim works and who gets the money. Wrongful death settlements are paid to the family members following a victim’s death due to someone else’s negligence. When an immediate family member, like a parent or spouse, dies, there is a huge financial and emotional impact. Wrongful death suits work to provide financial support to those who were dependent on the decedent.
Understanding Wrongful Death Lawsuits
Wrongful death claims are a type of civil lawsuit where a deceased person’s surviving family members can recover damages if their loved one’s death was the result of another person’s wrongful act, neglect, unlawful violence, or negligence. While the most common wrongful death lawsuits are related to car accidents and motorcycle accidents, many other fatal accidents are appropriate for this type of lawsuit, […]
Read More
