A Step-By-Step Guide To Choosing Your Personal Injury Lawyers Personal Injury Compensation - How to Get the Compensation You Need

When you are injured in an accident, it is normal to be worried about your financial situation. This is particularly true if your injuries are severe.

There are ways to receive compensation for your injuries. These include both economic and non-economic damages , such as suffering and pain.

Economic Damages

If you are injured because of another person's negligence you are entitled to financial compensation. This compensation is intended to help you recover from your injuries and get back to the same standard of living.

In personal injury cases, there are two types of financial damages you could receive: non-economic and economic. The first is designed to compensate you for monetary losses caused by the accident, while the latter is designed to compensate you for the emotional trauma that your injury has caused.

In many cases, a jury or judge will award the victim with economic damages to pay for their lost wages, medical expenses and rehabilitative treatment, along with damages to property, such as repair and replacement. This kind of damage can be documented by bills, receipts, or pay stubs.

Unfortunate behavior by a defendant could result in a range of economic losses. personal injury attorneys new orleans include:

Loss in Earning Capacity

When a person is injured and unable to work, their earnings could be severely affected. They could be forced to work at a lower wage or even permanently disabled.

- Future Earning Capacity

This aspect can be difficult to determine because it is contingent on the victim's age and profession, and trend at the moment of the incident. Someone could be young and their career that is on the rise, or they may be 58 years old and have a complete retirement plan ahead of them.

Past Capacity to Earn

This is a problem for jurors as it requires an in-depth analysis of the victim's work history and potential future earnings. A victim may be a recent graduate with a technical career.


The victim could be unable to earn a living in addition to other expenses such as medical bills, car repairs or out-of-pocket costs for medication and therapy.

In the end, these expenses will add up to a significant amount of money. The sum of all these expenses to determine the extent of your economic losses could be will help you get a fair settlement.

There are many factors that affect the exact amount of your financial damage, which is why it's important to speak to an experienced personal injury lawyer who understands how damages are calculated and given. Your lawyer will provide you with a list detailing the totality of your losses and help you identify experts who can assign a dollar amount to these damages to calculate your compensation.