Financial Issues
Secondary financial issues affecting personal injury lawsuits

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Financial issues within personal injury claims:

The dollar value of physical injuries is unique to each victim. Among other factors, this value depends upon individual histories of past earnings and future earning potential. For instance, the effect of 100% disability in the use of a left hand may have little impact on the earnings of a public school librarian, while the economic impact upon a neurosurgeon may easily result in millions of dollars in damages. Personal injury lawyers usually rely upon the opinion of an expert witness to establish value for large financial damages. Accountants may testify regarding past earnings. Employment experts may testify regarding current earning potential. Economists may testify regarding the value of future earning potential. Financial issues are integral to the resolution of all injury claims because courts cannot reverse damages in most circumstances, and must resort to valuing responsibility in terms of dollars. If you require further information, we hope you find the financial resources listed below helpful.

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Legal disclaimer regarding personal injury law information:

All claims and parties are unique. A personal injury lawyer must understand the factual issues surrounding each claim and the desire of each client, before rendering competent legal advice. This website is intended to provide general information only regarding the claim resolution process. This website is not intended as legal advice. All legal questions should be directed to qualified legal counsel. Likewise, no representation, express or implied, is made regarding the content or opinions contained within any resource/third party websites appearing herein.

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See: Personal Injury Law Firms and Attorney Management for more detailed information:


See also: legal property and torts, workers compensation for medical expenses, spleen injury lawsuits, private investigation of workers compensation claimants

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