One of the most common and important questions asked by clients is “How much is my case worth,” or “what is the value of these cases”. The value of a cases is predicated on several significant factors unique to every case. In the same way that every person is special and reacts differently to a dangerous pharmaceutical litigation so are cases based on those injuries. Some factors in determining case value include, the age of the claimant, the level and severity of the injuries suffered, the need for future medical and rehabilitation expenses, the availability for punitive damage compensation, loss of income and level of mental anguish.
Factors Determining Case Value – How Much Is A Case Worth
1. The severity and magnitude of the harm suffered: Courts tends to monetize the injuries suffered by an individual based on several pieces of evidence including medical diagnosis of the injuries, the amount of days spent at the hospital, the total medical costs associated with the harm suffered, the amount of future medical expenses incurred.
2. Economic damages: This includes loss of wages as well as loss of future income capacity.
3. Pain and suffering compensation: Victims of personal injury at the hands of at fault parties have the right to pursue compensation for all non-economic damages as well. This included pain and suffering as well as mental anguish.
5. Availability for Punitive Damages: In some instance courts will provide for punitive damages on top of the actual economic and non-economic damages sustained by the individual. Punitive damages can be provided when the at fault party acted with either the intent to cause harm or reckless disregard for the life and health of a consumer of their products.
Legal Assistance Available: If you have suffered serious medical complications due to the use of Xarelto feel free to contact our law offices. All legal consultations are provided free of charge.
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