How Much Can I Expect to be Awarded if I Win My Personal Injury Lawsuit?
Whenever you hear about famous lawsuits resulting in settlements, the money awarded often seems like an incredibly high, arbitrary sum—yet all damage awards are carefully calculated. Since all cases are different, however, the amount awarded to the plaintiff of a personal injury lawsuit can greatly vary. Here are some of the factors that go into damage awards for personal injury lawsuits:
Medical Costs
If you suffer an injury due to another’s negligence, you will likely rack up a hefty medical bill. Since you wouldn’t have had to pay these costs if it wasn’t for the perpetrator’s negligence, the court will likely award you an amount equal to your past, present, and future related medical expenses.
Loss of Wages
Your injury may interfere with your ability to work and earn your normal paycheck. If this is the case, a judge and jury will also factor all of your lost wages into your award. If your injury prevents you from working in the future, you may also be provided an amount equal to the wages you would have earned if you hadn’t been injured.
Pain and Suffering
When you suffer an injury, the damage isn’t merely physical and economic—you also experience profound pain, humiliation, and distress. After hearing your case and ruling in your favor, the court may award you an additional amount based on the amount of physical and emotional pain suffered.
Punitive Damages
If you receive a substantial injury at the hands of an individual or corporation, the court may be inclined to order the guilty party to pay you punitive damages. This money is designed to discourage the guilty party from repeating the conditions or behavior that led to your injury.
Do you believe you or a loved one have a personal injury case or a product liability case in the Orlando area? Contact Greg Smith from Oldham & Smith Attorneys at Law at (352) 508-4661.
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The materials available at this website are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use and access to this website or any of the links contained within the site do not create an attorney-client relationship. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.
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