Lawyers calculate the amount of personal injury claims by adding economic damages, which stem from lost income, property damage, medical bills and other personal expenses incurred, to general damages, which include the pain and suffering experienced as a result of the accident. Evidence of pain must be present in medical records to obtain compensation for general damages, claims AllLaw.com.Continue Reading
In personal injury claims, lawyers compute the measurable amounts of money and the intangible losses incurred as a result of the negligence of the other party, states the Injury Claim Coach. To calculate economic or special losses, lawyers add the actual dollar amounts incurred in medical bills, out-of-pocket expenses, including hospital parking fees, medications and medical prosthetics, and the value of damaged or lost personal items. Economic damages also include past, current and potential wages lost as a result of the accident.
To calculate general damages, lawyers assign dollar values to physical pains, emotional distress, persistent sleep loss, anxiety and depression and the loss of concentration caused by the accident, notes the Injury Claim Coach. To compute a dollar value for pain and suffering, lawyers take the sum of the economic damages and multiply it by a number between 1.5 and 5, states AllLaw.com. Alternatively, lawyers may demand a fixed dollar amount for every day that the client has to live with the pain caused by the accident.Learn more about Law