Learn how to calculate the amount of your personal injury settlement based on 12 factors that impact your personal injury claim. Figuring out how much your personal injury case is worth can be confusing, but it doesn’t have to be.
In this video series, I’m going to show you exactly how I determine the value of my clients' personal injury claims as a personal injury lawyer.
Over the years, I have developed a reliable system for determining how much a personal injury case is worth. In this video series, you'll learn twelve of the most important factors that I consider when I calculate the settlement value of a client's personal injury claim.
This video is Part 2 in a video series on the twelve factors that impact the dollar amount of your personal injury settlement. Specifically, this video covers the fourth and fifth factors to consider when evaluating whether the insurance company’s offer to settle your personal injury claim is fair and reasonable.
The fourth factor that will impact the settlement value of your personal injury claim is the nature and severity of your injuries. The fifth factor is the "harms and losses" that you've suffered as a result of the accident. This is often referred to as "damages."
Here is an outline of this video:
00:00 – Introduction 00:22 – Disclaimer 00:45 – Factor #4: The Nature & Severity of Your Injuries 00:54 – Soft-Tissue Injuries Such as Herniated Discs 01:00 – Broken Bones, Concussions, Scars, Disfigurement, & Lost Limbs 01:25 – Injuries Requiring Medical Devices Like Braces, Walkers, Canes, & Walking Boots 01:36 – Factor #5: Harms & Losses (Damages) 01:55 – Economic Damages Versus Non-Economic Damages 02:07 – Medical Bills, Lost Wages, and Loss of Earnings Capacity 02:27 – How to Calculate Loss of Earnings Capacity with Example 04:23 – Formula for Calculating Loss of Earnings Capacity in My Example 04:28 – Future Medical Expenses, Lost Income, and Loss of Earnings Capacity 04:40 – Non-Economic Damages Such as Pain and Suffering and Loss of Enjoyment of Life 05:09 – 3 Questions That Will Help You Calculate Your Non-Economic Damages 05:53 – The Pain Scale 07:29 – The Duration Scale 08:57 – The Interference Scale 10:50 – Conclusion
NOTICE AND DISCLAIMER: The information in this video and on this channel is not legal advice or any other form of professional advice. This information is not intended to create, and receipt or viewing of it does not create, an attorney-client relationship. Nothing in this video or on this channel should be taken as legal advice or any other form of professional advice for any individual claim, case, or situation. You should seek advice from an attorney or other professional regarding your specific situation. Contacting the Wagoner Law Firm does not create an attorney-client relationship, nor does your receipt of an initial case evaluation. The only way to create an attorney-client relationship with the Wagoner Law Firm is through a mutual written agreement, which you will be asked to sign. Please do not send any confidential information to the Wagoner Law Firm until an attorney-client relationship has been established. This description contains affiliate links, meaning that I will earn a financial benefit if you click through and use an affiliate link (at no additional cost to you).
