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What is my lawsuit worth?

This is by far the most common question we hear from our clients. However, it is also the most difficult to answer. First we must have ALL the facts and information for your case in order to understand a fair value for either settlement or trial of your accident or injury case.

Liability

The first factor, liability, is fairly simple to understand. Were you caused harm due to others negligence intentionally or unintentionally?

Many times, the liability of the defendant will not be clear-cut. The ultimate question on liability is “What are the odds I can prove that the other person is at fault?” It is not always what you know, it is what you can prove.

Lawsuit-Related Medical Expenses

One way to measure how badly you are hurt is to calculate your past and expected future medical expenses. Generally speaking, the greater these expenses, the more your case is worth.

Wage Loss

These damages are self-explanatory, but not nearly as simple to calculate as you might think. What if the lasting result of your accident or injury will no longer allow you to work in the same job or capacity as you did before you were hurt or injured? There are several factors that go into these calculations and understanding them can get quite complex.

Pain and Suffering

Pain and suffering are commonly referred to as “non-economic” damages. Unlike economic damages such as lost wages and medical bills, it is impossible to produce documentation to prove their value. These types of damages are left to the jury to decide. Often times the jury will use a multiple of your economic damages to come up with a number for your non-economic damages. This could be one times to 20 times your economic damages as an example. Without understanding the full extent of your accident and injuries, and  just how traumatic they were it is very hard to calculate an exact number.

Insurance Coverage

Once we have determined liability, now we need to be able to collect compensation for damages. However, we have all heard the saying, “You can’t squeeze blood from a turnip” meaning if there is nothing there to get, you can’t get it. The amount of money you can recover may be limited by the amount of insurance the defendant has.

In Conclusion

How much money is my lawsuit worth? It depends on the factors listed above. Once we understand all the facts and information of your case we will be able to tell you a rough estimate.

Contact a Chicago Personal Injury & Accident Lawyer Now For A Fast and Free Case Review!

We are available to help you in Chicago and throughout the Chicagoland Illinois area. To get a fast and free case review – call us or email us using the contact form on our website. We will respond promptly.

Experience & Results Count – Get The Compensation You Deserve!

Huner Law Offices, LLC