How Do I Calculate a Personal Injury Settlement?

After a serious injury, you need compensation that covers the costs of your injuries. The problem is, that’s often easier said than done. You may have trouble determining what you’re due and how to seek it out.

So how do you calculate a personal injury settlement? Often, it’s easiest to do so with a personal injury lawyer, like one from Albright, Stoddard, Warnick & Albright. Our lawyers can help you determine what your claim is worth and represent you in the courtroom for these losses.

Financial Losses

When you’re hurt because someone else was careless, one of your first priorities may be getting your bills and other financial losses covered. But your losses caused by the accident, also called damages, should cover both your economic and non-economic damages.

Luckily, your economic damages may be easier to calculate. Among other things, these damages cover the expenses of your injuries, from your hospital bills to the costs of your household accommodations. For example, if a spine injury makes using stairs impossible, the costs of building a ramp should be included in your financial losses.

But it’s not always easy to calculate your financial expenses. For example, you may need a personal injury lawyer to help you track your damages and estimate future costs for your care.

Pain and Suffering

Your suffering isn’t always financial. In some cases, you may have suffered severe emotional and mental losses because of your injuries. Because these losses are intangible, you may need to speak with your lawyer about calculating these costs.

For example, let’s say you lost an arm because of your injuries. That’s a severe injury, and those injuries will impact your life far more than a broken arm. In this case, the compensation you seek should reflect that. Your compensation should always reflect how severe your injuries are. If you’re struggling to determine the value of your claim, reach out to a lawyer who has the right tools.

Call a Personal Injury Lawyer in Las Vegas to Calculate Your Settlement

When you’re hurt because someone was careless, you may need a lawyer from Albright, Stoddard, Warnick & Albright on your claim. They have the tools to calculate a personal injury settlement that meets your needs. To learn more, take advantage of our free consultations by calling (702) 384-7111 or by completing the online contact form below.