Unfortunately, there is no way to definitively estimate your chances of winning a personal injury lawsuit without knowing the specific circumstances of your case.
However, you may gain further insights into your odds of winning your personal injury lawsuit if you discuss your specific accident with our firm.
Specific Losses That May Factor Into Your Case’s Value
When you seek to recover damages after an accident, you need to understand that damages are divided into two main categories: non-economic damages and economic damages.
Your non-economic damages will be any losses that do not hold a standard monetary value. This covers psychological losses, the physical pain of your accident, and more.
As for economic damages, these include any losses that deal with your financial suffering. When accounting for all forms of recoverable damages, your case value will be comprised of numerous specific losses, including:
- Expenses from your medical treatments
- Property damage
- Loss of wages
- Lessened earning abilities due to physical or mental hardships
- Impaired quality of life
- Vocational rehabilitation services
- Assistance for long-term disabilities
- Compensation for disfigurements
- Loss of consortium
- Loss of parental guidance
- Mental anguish, including psychological conditions like post-traumatic stress disorder (PTSD) and depression
- And more
If you suffered damages that you do not see listed above, a personal injury lawyer with our firm can help you understand whether you can recover compensation for it.
For a free legal consultation, call 404-214-2001
Calculating Damages for a Personal Injury Case
If your case only involves minor vehicle damages and you only suffer superficial injuries, your case will be worth less than if you suffered severe injuries and your car was totaled.
Thankfully, the state of Georgia has no limit on the amount of economic and non-economic damages you can receive after a negligent accident.
Your attorney can help you catalog your injuries, your property damage, and your psychological losses before landing on an overall value for your pain and suffering.
They can even help you negotiate a fair settlement to help you with your long-term recovery.
Calculating Economic Losses
Typically, your economic damages will be determined through simple calculations. For example, you can determine the value of these losses by collecting pay stubs, receipts, and medical bills, then adding up the overall value.
In terms of your long-term economic losses, a personal injury lawyer can help put you in contact with an industry professional (like an economist) who can help you determine the overall impact these losses will have on your financial well-being.
Calculating Non-Economic Losses
However, by nature, non-economic damages can present some difficult challenges when you are trying to determine how much they are worth. Your attorney can help you determine the true value of your psychological anguish so these hardships can be accurately translated into your final settlement. Otherwise, you may be missing out on potential compensation.
Your lawyer may have you keep a journal to document how your injuries affect you on a day-to-day basis. They can use this as evidence to demonstrate your pain and suffering and calculate how much compensation you should receive for it.
When You Share Liability for Your Accident?
In accordance with OCGA §51-12-33, your settlement can be reduced if you bear any responsibility for your personal injury accident. If that level of responsibility is deemed to be higher than 50%, you are barred from recovering any compensation whatsoever. However, if your liability is less than 50%, your settlement will be reduced proportionately to the percentage.
For example, let us assume you were responsible for 25% of your accident. If you are granted $10,000 in damages, they will be reduced by 25%, leaving you with a $7,500 settlement.
A lawyer with our firm can conduct their own investigation into your accident to determine how much fault each party bears. They can use this evidence to counter an insurance adjuster’s determination of fault and fight for fair compensation.
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You Do Not Have an Unlimited Amount of Time to Take Legal Action
Keep in mind that personal injury lawsuits must be filed within two years of your accident, according to OCGA §9-3-33. If you wish to protect your right to compensation, you must act in a timely manner.
Filing past this deadline risks your right to seek compensation from the liable party. Negotiations with insurers can also take more time than you expect. The sooner you reach out to us, the sooner we can begin working on your case and abiding by the statute of limitations.
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Our Personal Injury Lawyers Are Ready to Fight for Your Rights
Here at Kaine Law, we are dedicated to fighting for victims of negligence. While we cannot guarantee that retaining a personal injury lawyer will raise your chances of winning your personal injury lawsuit, some victims find peace of mind when they have a team of legal professionals in their corner.
We can assist you with every facet of the lawsuit process, from launching an investigation to proving liability to negotiating settlements and beyond.
To learn more about filing a personal injury lawsuit with our attorneys at Kaine Law, contact a representative today to get started with your free consultation.