Most people have heard of a personal injury lawsuit. With so many accidents occurring every day, personal injury lawsuits are rather common. However, every situation is different, which means every lawsuit will also be different. Many people who have filed a suit or who are considering filing a suit wonder what damages they can collect and how much money they’ll actually be able to receive. There are many factors that play a role in determining these questions.
The word “damages” actually refers to the compensation a victim receives in a lawsuit. They are designed to help the victim be “whole” again after the injury. The problem is many times the victims are hurt so severely that they cannot be made whole again. That makes it tough to determine the actual amount that the damages should be. Additionally, there are many possible losses an injured person can suffer, besides just the physical factors, including:
All of these factors can be a part of any personal injury lawsuit, but the types of damages one receives will depend on several things, including the severity of the injuries, the insurance limits and the details of the case. Once your actual damages have been determined then a judge or jury must decide how much those damages are worth. Unfortunately there is no set formula to decide how much a victim should be paid for his or her injuries. Again, several factors will play a role in determining how much a plaintiff will receive. All of the factors listed above will have to be taken into account, including how much loss of income and future income the injured party has suffered.
While no two personal injury lawsuits are the same, at Michael T. Friedman & Associates PC in Chicago, we can help you with your personal injury claim. Being hurt because of someone else’s negligent or careless behavior is very difficult. Make sure you don’t suffer for the rest of your life both physically and financially. If you have been seriously hurt, then you need an aggressive personal injury lawyer in Chicago who will fight for your rights and go after all the damages you deserve. Please call us today at 312-339-8816, or click here to contact us online.
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