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How to Calculate a Personal Injury Settlement in California
A personal injury settlement requires multiple steps, such as identifying the at-fault party, gathering the proper evidence to prove negligence occurred, and calculating a settlement to include in your initial demand letter. Sometimes, it can be difficult to monetize all of your damages because you’ve experienced suffering in ways that aren’t quantifiable on paper.
At Crowell Law Offices, our lawyers have handled numerous personal injury claims and we strive to maximize our clients’ claim values. We’ll examine your damages and use specific strategies to put a dollar amount to the non-economic suffering you’ve experienced. Once we’ve calculated your settlement, we can begin negotiating on your behalf.
Examining the Damages You’ve Suffered
Compensatory damages in your personal injury settlement will be divided into two categories—economic and non-economic. When calculating your claim value, your lawyer will examine all of the damages you may have experienced in each category.
Economic damages include ways in which your injury has affected your life financially. These damages can include medical expenses, property damages, and loss of earning ability from being out of work for an extended period of time.
Non-economic damages are ways in which your injury has affected your overall lifestyle. These damages may include pain and suffering, emotional distress, scarring and disfigurement, loss of enjoyment of life, and loss of consortium.
Although it’s rare, punitive damages may also be awarded by the judge. These damages come in the form of additional compensation, awarded only when the liable party willfully showed neglect or intended to cause harm. The purpose of punitive damages is to make an example of the defendant and punish them further.
Reach Out to a California Personal Injury Attorney
Having a personal injury lawyer by your side throughout the claims process can ensure your settlement is maximized and calculated properly. At Crowell Law Offices, our lawyers will guide you through the legal process so you can focus on a full recovery without financial stress on your shoulders.
To speak in greater detail with a California personal injury lawyer about your claim, schedule a free consultation by filling out the contact form below or by calling 916-303-2800.