What Is Personal Injury Lawyers And Why Are We Speakin' About It? Personal Injury Compensation - How to Get the Compensation You Need

If you're involved in an accident it is normal to be worried about your finances. This is especially true when the injuries you sustained are severe.

There are a variety of ways to be compensated for your injuries. These include economic damages and non-economic damages such as pain and suffering.

Economic Damages

Financial compensation is open to all who have been injured due to the negligence of another party. This compensation will help you get back to the lifestyle you had prior to your injury.


There are two types of damages that can be granted in personal injury cases which are economic damages and non-economic damages. The first is designed to compensate you for the financial damages resulting from the accident, while the latter is designed to compensate you for the emotional burdens your injury has caused.

A judge or jury could award economic damages to victims in a number of instances. This includes lost wages and rehabilitation costs, medical bills as well as property damage costs such as repair and replacement. This kind of damage is tangible in that it can be documented with receipts, bills and pay stubs.

The negligent conduct of a defendant could result in a range of economic losses. personal injury attorneys lansing include:

Loss in Earning Capacity

A victim could suffer a lower earning capacity after an injury. They may be forced to accept a lower paying job or even become permanently disabled.

Future Earning Capacity

This can be a challenging factor to determine since it is dependent on the age, industry and trend of a person's career at the moment of the accident. Someone could be young and have a career that is on the rise or they could be 58 years old and have a complete retirement plan in front of them.

- Past Earning Capacity

This also comes with jurors' challenges because it requires a thorough analysis of the victim's prior employment situation and the potential for future earnings. A victim could be a recent graduate with a career in engineering.

In addition to losing wages, the victim might be facing other expenses such as medical bills, car repairs, and even out-of-pocket costs for medication or therapy.

These expenses can add up to a significant amount of money. Adding up all these expenses to figure out what your financial damages could be will allow you to get an appropriate settlement.

There are many variables which affect the amount your economic damages. It is essential to consult a skilled personal injury lawyer who can assist you in understanding how these damages are calculated and be awarded. Your lawyer can provide you with a list of all your current and future economic losses, and also seek the assistance of experts who can put the value of these losses in the course of formulating your compensation.