Our law firm id dedicated to protecting the rights of injured bicyclists. One of the most common questions asked by clients who have suffered serious injuries due to the negligent or intentional actions of others is, “how much do you think my case will settle for,” or “what is the average value of a bicycle accident case?”
The value of a case is difficult to determine without a thorough legal consultation as there are numerous factors unique to each case. Some of the most common factors essential in calculating a probable value of an accident lawsuit include, the severity of the injury, the amount of assets and or insurance a defendant has available, lost wages and loss of income and level of pain and suffering.
An explanation of some o0f the most important factors is provided below. If you wish to speak to a personal injury attorney
regarding a legal consultation where the potential value of your case can be discusses contact our law firm toll free at (888) 649-7166
NOTE: All legal consultations Are free of charge and confidential.
Factors in Determining the Value of a Bicycle Accident Lawsuit:
1. Severity of the Injury Suffered:
Bicycle accidents involving motor vehicles on the road often result in serious injuries. The calculation of the severity of your injuries will be based on two factors (1) Current medical costs (2) Requirement for future medical needs including revision surgeries, rehabilitation care, and prescription medication. Some of the most common medical ailments associated with bicycle accidents include, spinal cord injury, traumatic brain injury, broken bones, back injury, facial lacerations and fractures, broken teeth and nose, and emotional bases injuries including treatment for Post Traumatic Stress (PTSD).
2. Life Impact – Pain and Suffering and Emotional Trauma:
In most jurisdictions victim of personal injury have to right to be compensated for the physical pain emotion suffering caused by an accident. Pain and suffering is calculated based on per diem system by which the jury places a daily value on the emotional and physical pan suffered and multiplies that number by the number day a person has suffered and or will continue to suffer based on the evidence brought forth in court.
: A bicycle accident
victims suffered from spinal cord injury resulting in a diagnosis nerve pain and incontinence. The jury places a daily value money value on the victims pain and suffering at $750.00 and multiples that number by the number of days a person is likely to experience such pain 1,500 days. Thus the pain and suffering award is likely to be placed by the jury at $750.00 X 1,500 = $1,125,000
3. Lost Wages and Loss or Reduction of Future Income:
Victims of personal injury caused by the negligent or wrongful actions of other are entitled to recoup wages lost due to their inability to work. Lost wages are calculated by using past pay stubs, and tax information. Additionally victims may suffer from permanent disability or injuries preventing them from continuing in their occupation. Such victims are entitled to compensation for the reduction of all future salaries and earnings. Vocational experts will be brought in to determine the value of any future earnings.
4. The Attorney Representing You:
One often overlooked factor in determining the value of your case is the attorney you choose to represent you in the court of law. In many instances attorney lack the qualified experience to handle your case, while in other instances attorney are swamped with so much work that they fail to pay the attention necessary to be able to maximize any settlement or verdict reached. It is important to speak with your attorney regularly and ask any legal information you may have.
The Legal Representation You Can Trust:
To speak with one of our attorneys regarding your claim contact our offices toll free (855)385-2529.
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