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Factors That A Personal Injury Lawyer Uses to Determine the Costs of a Settlement

How a Personal Injury Attorney Determines Settlement Costs

Many contributing factors could affect the value of your injury settlement. Every case is different, but below are essential elements that could potentially affect the amount of compensation you might receive if you win.

The Severity of the Injury

One of the most important determining factors for a case’s value is the extent of your injuries. Injuries that permanently cause disability or compromise your quality of life are likely to result in a higher settlement or verdict amount.  See here for information about Essential Issues to Keep in Mind When Hiring a Personal Injury Lawyer.

Treatment and Recovery from Your Injury

The treatment required for your injury and your recovery’s course impact the injury’s cost to you personally, and therefore the value of a personal injury settlement.

Liability 

To receive compensation from the responsible party, you will need to prove that the defendant holds most of the liability for your injury. For example, if a judge determines that you are 25% at fault for the accident that caused your injury, you would be entitled to recover 75% of the total damages resulting from the injury.

Emotional and Mental Trauma Suffered from Your Injury

A severe accident can cause physical injury and significant emotional consequences. Anxiety, depression, and trauma following the accident also can be very debilitating.

 

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Why Choose Willens & Baez

Millions in Case Verdicts & Settlements

Over the past two decades, Mr. Willens and his team of Chicago personal injury lawyers have been instrumental in obtaining numerous million-dollar-plus recoveries on behalf of clients in a wide variety of injury cases. One of the personal injury verdicts he was involved in was recognized by The National Law Journal as one of the Top 100 Verdicts in the country in the year in which it was tried. One of the verdicts he helped secure set a state record.

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