As a leading personal injury law firm, one of the most common questions the Law Offices of Michael J. Gopin, PLLC receives is, “What is my case worth?” However, this is not a simple question to answer because every claim is different. Determining the exact amount of compensation for which you may be eligible can be difficult. An attorney can explain how to calculate personal injury damages and the factors that may affect the value of your claim.
This is generally how personal injury compensation is calculated:
Add all of your damages together. This may include:
Subtract amounts that you have already received for the claim and any damages you were responsible for.
The difference between these two figures is roughly the amount of personal injury compensation you could receive.
Many factors can make your claim more or less valuable, including:
Generally, the more severe your injury is, the more valuable your claim will be. This is because you are more likely to incur more expensive medical expenses, more extensive pain and suffering, and more lost wages.
Lost wages include pay you lost if you were unable to work because of your injuries, including:
Your compensation should include the costs you incurred for medical treatment related to your injuries. Medical expenses you may have incurred include:
In addition to those expenses you already incurred, anticipated medical expenses you might incur in the future should also be considered.
Texas uses a modified comparative negligence system if you contributed to the accident. This means that as long as you were less than 50 percent at fault for the accident, you can still seek compensation for your injuries. However, your accident injury compensation is reduced by your degree of fault. For example, if you were hurt in an accident and suffered $100,000 in damages but were found 25 percent at fault, your damages would be reduced by $25,000.
The following steps are involved in your injury claim calculation:
If you would like a personalized estimate of your claim’s value, the Law Offices of Michael J. Gopin, PLLC can help. We have been in business since 1987. We can help you understand how Texas law applies to your case and the factors that can affect its value. Contact us today for a free case review.
Michael J. Gopin has practiced law in El Paso since 1987. Even after more than 30 years, he still remembers his first jury case. It was two weeks after receiving his license, when he represented a person whose life had been forever changed after being blinded in a work-related incident...