Any accident caused by another person’s negligence that leaves you injured can serve as the basis for a lawsuit or settlement proposal. However, certain types of injuries are so severe that no amount of compensation can completely erase the damage done.
In situations like this, help from an experienced personal injury lawyer is vital to protecting your future and helping you live as comfortably as possible. At Ostroff Godshall Injury and Accident Lawyers, we can explain the process of pursuing catastrophic injury settlements in Norristown and fight for your best interests.
Estimating the Value of “Future Damages”
Usually, the goal of settlement negotiations in a personal injury case is to repay you for every form of harm stemming from the accident. For example, suppose you spent a week in a hospital and missed four weeks of work. In this case, your recoverable damages would include the value of your hospital bills and missed wages or salary while you were unable to fulfill your job duties.
However, if your accident leads to a catastrophic injury like spinal cord damage or a traumatic brain injury, this may affect you for the rest of your life. You’ll likely be dealing with medical bills, lost working ability, and physical and psychological pain for years to come. In these situations, your settlement demand should account for damages you’re likely to experience in the future as well as damages you’ve already experienced by the time you start your claim.
There are various approaches to estimating the value of future damages. Your Norristown attorney could reference the costs of similar treatments for other people dealing with the same catastrophic injuries. Legal counsel could calculate your long-term pain and suffering by multiplying the objective financial losses you’ll have to deal with due to your injury. Ostroff Godshall Injury and Accident Lawyers can help identify, calculate, and effectively demand compensation for all losses related to a catastrophic injury.
How Much Money Can You Get from a Catastrophic Injury Settlement?
Every catastrophic injury case is different, so the value of settlements can vary drastically. That said, catastrophic injuries last a lifetime and can significantly impact your ability to work and do the activities you once enjoyed. Catastrophic injury victims will experience far more severe losses compared to people whose injuries will heal completely over time. It’s common for catastrophic injury settlements in Norristown to have values in the hundreds of thousands or even millions of dollars.
Navigate the Catastrophic Injury Settlement Process with a Norristown Attorney
While some civil claims based on catastrophic injuries will go to trial, many more end up settling privately out of court. Knowing what to expect from this process and what kind of compensation you should be asking for is vital to preserving your future. Your final settlement offer should meet your needs and protect your long-term interests.
A winning personal injury lawyer will be the dedicated ally you need while pursuing a catastrophic injury settlement in Norristown. Ostroff Godshall Injury and Accident Lawyers will work to ensure you get every cent of compensation you deserve for the harm you should’ve never experienced. Call our firm today to learn more.
