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How Personal Injury Settlements are Determined

Published on November 3rd, 2011

Most personal injury cases will not go to trial. Instead, settlements will often be negotiated outside of court in order to determine a fair amount of compensation for the victim. Keeping a case from going to court saves on legal fees, time, and stress, so accepting a proper settlement is usually the best option. Upon accepting compensation, the plaintiff surrenders his or her right to pursue any further legal action toward the defendant regarding this specific incident. Here are some of the factors that are considered when a settlement is negotiated:

  • Medical expenses: It is important to document all medical services received related to your injury, as these costs will weigh in heavily to the amount of your compensation. Even with health insurance, medical bills can be a staggering expense after an accident.  
  • Long-term damages: Some injuries can lead to extended medical problems that cause a lifetime of physical and emotional stress. For example, a dog bite may lead to nerve or ligament damage that may debilitate certain physical functions or cause chronic pain.
  • Inability to work: Any lost time from your job or injuries that prevent you from going back to work will be taken into account. The exact amount determined by these losses will depend on the size of your yearly salary before leaving work.
  • Diminished quality of life: Psychological damage is also an important element in personal injury cases. One’s ability to enjoy life is often impaired after a serious injury because of medical treatments, increased frequency of doctor visits, and general stress on the body.

Victims of injuries from dog bites, swimming accidents, or auto accidents are often entitled to compensation. Shea Law Group can help you defend your rights after a personal injury. Call us to discuss your case in a free consultation at (773) 365-0040.

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