Understanding Components of a Personal Injury Settlement

Posted by: on Fri, Mar 29, 2019

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personal injury

You are an alert and conscientious person. You do your utmost to avoid hazardous situations. Unfortunately, not everyone is as safety conscious as yourself. If you have sustained injuries in an accident that owes to the recklessness of another, you should take legal action against them. 

Getting the Right Lawyer 

A Las Vegas personal injury attorney can help you file a lawsuit for damages. They specialize in this area of tort law and can help you navigate the complex process of making a personal injury claim and winning a fair and adequate settlement. 

The Process 

Your Las Vegas personal injury lawyer will ask you pointed questions about the events and circumstances that led to your injury. Based on what you tell them they will decide whether you have a case. If you want to go ahead with the lawsuit, your lawyer will file the necessary paperwork. You will always have the option of going to trial to get a jury settlement. However, if the evidence is strong against them, the respondent will most likely want to settle out of court. 

Components of the Settlement 

The specific dollar amount you ask for will be determined by the following factors: 

1. The facts of the events that caused the injury 

If the facts of the accident are indisputable, if the evidence clearly shows that the respondent’s recklessness caused the accident, you will be well-positioned to ask for a higher sum of money. 

2. The expenses you face as a consequence of the injury 

A severe accident can put you in the hospital for months. You may need to undergo a range of operations and treatments to make you well again. You will be unable to earn an income during this time. This accumulation of bills and loss income will be factored into the amount you request. 

3. The defendant’s resources 

If the defendant is not especially wealthy, their insurance company can be compelled to compensate you. 

These are some of the things that will be negotiated with the defendant and their attorney. If you have been in an accident, LV accident attorneys at Albright, Stoddard, Warnick & Albright can help you get justice.