Loss

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

Where Do Most Pedestrian Accidents Occur in Philadelphia, PA?

Pedestrian and vehicle accidents can happen for many reasons. Roads in Philadelphia County are old, and some, such as North Broad Street, can encourage drivers to ignore posted speed limit signs and exceed safe driving speeds. Some streets have curves and bends, making it difficult to see pedestrians in an intersection if a driver is distracted.

A pedestrian accident can happen in any town or city. However, in a city of neighborhoods full of shops, bars, and restaurants like Philly, pedestrians and vehicles can often be at odds. A pedestrian accident can leave victims with serious injuries, even fatalities, and in Philadelphia, these types of accidents are on the rise.Where Do Most Pedestrian Accidents Occur in Philadelphia, PA?

According to a study by the Bicycle Coalition of Greater Philadelphia, the city saw 143 fatal pedestrian accidents in 2020, 29 of which were hit-and-run incidents.

Pedestrian and vehicle accidents can happen for many reasons. […]

Read More

More information about Loss

Erie Product Liability Lawyer

As consumers, we purchase goods that are supposed to make our lives easier and better. Unfortunately, when a defective product causes injury, you need to know your financial recovery options. If dangerous products injure you or a loved one, call the Erie product liability lawyers of Munley Law.

For over 60 years, Munley Law has represented injury victims in product liability claims who seek fair compensation for their injuries. Call Munley Law for a no-obligation, free consultation.

What Is a Product Liability Case?

Erie Product Liability LawyerProduct liability law allows an injured party to take legal action if they encounter a defective product. Product liability cases are often classified under strict liability, meaning that even if the defendant did not have intent or knowledge of the alleged harm, they can still be held liable.

A product liability claim can fall under one of four categories. […]

Read More

More information about Loss

Erie Motorcycle Accident Lawyer

Motorcycle accidents can often result in catastrophic injuries. These vulnerable road users are 28 times more likely to be killed in a motor vehicle accident compared to other drivers and four times as likely to sustain an injury. Due to the size of a motorcycle compared to a standard passenger vehicle, these accidents often result in severe injuries, hefty medical bills, and mental anguish for the rider and their family. An Erie motorcycle accident lawyer will be needed to help you regain compensation for your injuries.

Motorcycle accident victims need protection. This is where Munley Law comes in. For decades, we have represented victims and their families in the most complex personal injury claims. Let us do the same for you. Call today to speak with one of our Erie motorcycle accident lawyers.

What Are the Common Motorcycle Accident Injuries?

Erie Motorcycle Accident LawyerDue to the size and weight differences of most cars and trucks on the roadways compared to a motorcycle, […]

Read More

More information about Loss

Bethlehem Workers’ Compensation Lawyer

Dealing with a workplace injury can be challenging. Still, a Bethlehem workers’ compensation lawyer can help you secure the necessary benefits. From covering medical expenses to recovering lost wages, having a skilled lawyer can provide the support and guidance you need to get through this challenging time.

What Is Workers’ Compensation?

Bethlehem, Pennsylvania workers' compensation lawyerWorkers’ compensation insurance provides financial support and medical care to employees who are injured or ill due to their jobs in Bethlehem.

If you get hurt at work, workers’ comp benefits can help cover your medical bills and part of your wage loss while you recover. It’s designed to protect workers and employers by ensuring injured employees get the help they need without going through a lengthy lawsuit. This system helps you focus on getting better without worrying about the financial burden of an injury.

What Benefits Are Available in a Workers Comp Claim? […]

Read More

More information about Loss

What is the Average Settlement for a Lyft Accident?

While there isn’t a specific average Lyft accident settlement amount, settlements typically depend on various factors like the severity of injuries, medical expenses, lost wages, and pain and suffering. Understanding potential settlement amounts is crucial for accident victims because it allows them to understand what they could expect to receive to help recover from their losses. Settlements can help pay medical bills, compensate for time missed from work, and support ongoing care or rehabilitation.

It’s important to note that each accident case is unique, and settlement amounts can vary widely. Seeking legal advice from an experienced Lyft accident attorney can help victims understand their rights and pursue fair compensation.

How Much Is My Lyft Accident Worth?

What is the Average Settlement for a Lyft Accident?Determining the value of a Lyft car accident settlement isn’t always straightforward. It depends on various factors, including the extent of your injuries, the impact on your life and ability to work, […]

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.
844-263-8849
Back to Top