Personal injury attorney calculate payouts based on a number of factors, including:
The extent of the injuries: The more serious the injury, the higher the potential payout. Attorneys will consider factors such as the type of injury, its severity, the length of recovery time, and any long-term effects it may have on the individual’s life.
Medical expenses: Attorneys will take into account the cost of medical treatment, including hospital stays, diagnostic tests, surgeries, rehabilitation, and any other related expenses.
Lost wages: If the injury has prevented the individual from working, the attorney will consider the amount of lost income and estimate any future lost earnings.
Pain and suffering: This is a non-economic damage that compensates the individual for the physical and emotional distress caused by the injury. Attorneys use a variety of methods to calculate this component of the payout, including multiplying the economic damages by a certain factor.
Punitive damages: In some cases, an individual may be entitled to punitive damages, which are intended to punish the defendant for particularly egregious behavior. Punitive damages are rare but can significantly increase the payout in a personal injury case.
Comparative fault: If the individual was partially responsible for the accident, the payout may be reduced by the percentage of fault attributed to them.
Insurance policies: The attorney will consider any insurance policies that may cover the individual’s expenses, such as medical insurance, disability insurance, or personal injury protection insurance.
The final payout in a personal injury case is a complex calculation that takes into account many different factors. An experienced personal injury attorney can help you navigate the process and ensure that you receive the full compensation you deserve.
In conclusion, personal injury attorney calculate payouts based on factors such as the extent of the injuries, medical expenses, lost wages, pain and suffering, punitive damages, comparative fault, and insurance policies. You can trust Keith D. Leshine Attorney At Law, LLC, located in Duluth, GA, to provide you with the guidance and representation you need to secure the compensation you deserve. Contact them for a consultation and to learn more about their services.