With the help of such approach, we will calculate the sum of your damages to determine the value of your claim, and estimate the value of your non-economic injuries based on our experience. A range of damages can be claimed depending on the various types of claims, which are; Past and future medical expenses, property damage, loss of income, and past and future pain and suffering. First, the members of our team will determine the dollar value of your damages. You will also experience future damages and we will add those and the cost of such future damages to the overall amount.
Techniques Which We Use to Employ in The Calculation of The Value of Your Claim
It may even be easy to determine the value of some of your damages provided you understand the calculations involved.
Collect prior medical expenses, cooperate with your doctor about your future treatment and sum up all costs on medical treatment in your claim.
- For Lost Income: 883,000 to save payment records that reveal how much you earn, then figure out how much of that income will be lost to injuries.
- For Property Damages: Request invoices on repair of damaged property and replacement of any property with 100% loss. This is just a list of some of the generic type of damages that are usually claimed in the various roles we take from auto accidents to slip and fall cases, and product liability cases and the likes. There are some variables which make damage valuation to be very hard. For instance, if your car is five years old when the crash occurred, then we have to factor in depreciation after the crash up to that age of the vehicle. However, we know how to deduce the loss of value and get to the fair value figure, which is a way we contribute to clients.
- Estimating Your Pain and Suffering Damages: Pain and suffering stand out as an issue because this kind of damage does not equate with any specific dollar amount. You see, having worked on numerous cases where a client had suffered through injury, that is how we assess this kind of damages. We may evaluate the cost of your pain and suffering through:
- The Per Diem Method: By that, we attach a dollar amount for each day to your damages and then estimate the number of days that your damages will last.
- The Multiplier Method: In the multiplier method, you take the cost of your economic damages (for instance, lost wages and property work) and multiply such a cost by some number. This next equity will help you determine the cost of your non-economic damages: pain and suffering. When you are under our firm’s management on your claim, you will not have to bother with such matters. Your losses will be calculated by our team thus easing your burden. Of course, should you wish, we will detail out how your losses were arrived at law firm of Stephen Boutros, LTD:
We Get Our Clients Maximized Compensation – Call Now for Your Free Consultation!
In filling out your free consultations, always start with Stephen Boutros, LTD. After talking with us you may not have to make any additional calls. An attorney from our firm may start on your claim today. Don’t wait to contact us. We might be under the deadline to file your case and that is why we want to pursue your case immediately.
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