Placing an exact dollar amount on your case can be difficult because every case is different. A significant aspect of determining the compensation to pursue in your personal injury lawsuit is accurately estimating what a jury would be likely to award given your circumstances and case.
In general, there are three areas of recovery that are the foundation for the basis of your case value:
- Past and future medical expenses
- Lost wages and loss of earning capacity
- Pain and suffering (psychological and emotional damage)
The following factors will have an impact on these three areas:
- Recoveries achieved in similar accident injury cases in your jurisdiction
- The severity of your specific injuries and other losses
- Property damage
- Insurance limits
- Any fault you may have in the incident
- Case evidence and details
- Your employment history
- Your future ability to work
- Your past and future medical treatments and tests
- Whether surgery was required
- Whether a physician has approved claimed future medical care and treatment to a reasonable degree of medical probability
- Your lifestyle
- Your litigation history
- Your life expectancy
Your physical and mental state will also be determining factors in your case. Whether your condition has improved or declined since the accident will be considered in evaluating your future needs and life expectancy.
How Does The Defendant Affect The Value Of Your Case?
The identity and the financial resources of the defendant have a significant impact on the value of your case. In many cases, an insurance company will be involved in the matter. Many insurance companies have seemingly endless resources, and they might vigorously fight the lawsuit, forcing court litigation.
The insurance company will have done its own evaluation of the value of your case. It will weigh the costs of litigation against the potential to reduce the value of your case and the costs of agreeing to settle the case. You may receive an initial offer to settle for a low amount (it may sound enticing at first), which may be a fraction of the true value of your case. Before you accept anything, you should consider contacting an attorney who will represent your interests.
Consult Our Injury Attorneys To Determine The Full Value Of Your Case
Contact us online or call our firm at 602-ARIZONA (274-9662) or 1-800-ATEAM-LAW (283-2652) toll free. Initial consultations are free, and we pursue all cases that we handle on a contingency fee basis. We only get paid when and if you get paid.