One of the most common questions I hear in my practice is, “What is the value of my personal injury case?” You should be very skeptical if an attorney tells you what your case is worth, shortly after your accident has occurred. That’s because it is impossible to accurately evaluate a case until someone’s medical condition is stabilized.
Only when we know the true nature of your injuries and other damages, such as your medical bills, lost wages, and the negative impact of injuries on your life, is it possible to attempt to value your case. Although you may hear that there are certain formulas or ratios that can be used to try to value your case, my experience shows otherwise.
Each case is different, just like each client is different. The value of your case ultimately depends on what a judge or jury would decide would be fair compensation, to make up for your injuries and damages. There’s a long list of relevant factors to consider when deciding how much your personal injury case is worth.
Those include the following; medical bills, lost wages, the nature of your injuries and pain and suffering, the negative impact on your life and activities, your age, your prior health condition, your health condition after the accident, whether you have been injured in any prior or subsequent accidents, and many other factors.
It’s important to have an experienced personal injury attorney represent you, so that your case can be properly valued and presented to the insurance company for settlement. If you case can not be settled, it’s critical to have an experienced personal injury attorney who can take the case all the way to a verdict, if that’s what is necessary to win justice for you.