How are future losses calculated in an accident lawsuit in Lemannville?

Lemannville, LA – After someone has been injured and they file a lawsuit for compensation, they are able to argue for various costs to be covered by the defendant. While things like medical costs, lost income, and pain and suffering are standard, there is also the possibility that a person may not fully recover or be able to work for quite some time after their injuries. The effects on the person’s ability to work or live as normal may become permanent as well depending on their condition. In these accident cases, the person’s lawyer will have to work with them to figure what kinds of future losses will be caused by these injuries and try to get that amount from a settlement or jury verdict. 

Future lost income

There are a few different ways that a person’s future lost wages can be calculated. If the person is disabled and cannot work again, the attorney may argue for an amount that is the number of years the person had left until retirement multiplied by their prior salary. Things like increases for inflation and raises can be added as well. When an injury results in reduced earning capacity, the amount the person was capable of earning before the accident can be compared against what they can earn with the disability. This difference can then be multiplied for the number of years the person expected to work. In shorter periods of recovery, the person’s monthly or annual salary can simply be multiplied by the recovery time frame given by a doctor. 

Additional medical expenses after the accident

Certain injuries can have persistent symptoms or cause other long term problems. Sometimes, a person’s condition will require treatment well into the future even after their lawsuit has ended. In these cases, medical costs can be projected based on known factors such as what the treatment currently costs and how long the person will need medical assistance. This includes both things like medications and assistance from doctors or therapists. It is important to know these numbers before accepting a settlement, as the agreement will usually end the case entirely along with any future opportunities to gain more compensation out of the same incident. 

Meeting with a legal professional

Miller, Hampton, and Hilgendorf is a law firm that handles accident lawsuits in Lemannville and other parts of Louisiana. Their lawyers are able to meet with anyone who is thinking about bringing a civil lawsuit for compensation.

USAttorneys.com is a service that helps people find the right lawyer to match their needs. Anyone who is currently searching for an attorney can call 800-672-3103 to get a referral.

Firm contact info:

Miller, Hampton, and Hilgendorf

3960 Government St., Baton Rouge, LA 70806