none of the pages home, personal injury, about us, or contact us is in view

How to Calculate a Personal Injury Settlement in Texas

FREE CONSULTATION: 214.522.9404

How to Calculate a Personal Injury Settlement in Texas

knee-injury

When you’ve been injured in an accident and someone else is responsible, you can hold them accountable by bringing a personal injury claim against them in civil court. Your lawyer will conduct a thorough investigation in order to establish culpability, and then they will begin calculating the value of your claim.

However, determining just how much your damages amount to, monetarily speaking, can be more of a challenge than you might think. Below we examine the types of damages you’ll be able to seek in Texas and how we will calculate the value of your losses.

The Value of Your Economic Damages

We will start by taking a complete inventory of your economic damages. These are the ones that have had a direct influence on you financially and might included losses such as lost wages, damage to your earning potential, property damages, and any medical bills, equipment, and installation fees you incur.

This portion of our calculations is relatively simple, as we will total up the amount of these bills to figure out what they amount to. From there, we will move on to a review of your non-economic damages.

How Your Non-Economic Losses Will Be Considered

Your non-economic damages are the ones that are more of a challenge to quantify, as there is no set monetary value attached to each of them. These types of losses might consist of the loss of enjoyment of life, pain and suffering, your scarring or disfigurement, the loss of companionship and love, emotional distress, your inconvenience, and the loss of household services, to name a few.

It will be up to your lawyer to figure out which method of calculation will result in the most favorable outcome in your case. For example, your lawyer might choose to calculate your non-economic damages on a per-diem basis, or they could decide that it’s best to use the multiplier method, where your economic damages are multiplied by a certain factor depending on the extent of your losses.

In any case, it’s important to remember that your lawyer will choose whichever method will help you to achieve maximum repayment of the damages you endured at the hands of another.

Speak with a Texas Personal Injury Lawyer

Check out our FAQs to learn more about the personal injury process in Texas. And when you’re ready to take the recovery of your damages into your own hands, reach out to an experienced Texas personal injury lawyer at Crain Brogdon, LLP.. You can schedule your free, no-obligation consultation today by filling out the quick contact form we have provided below or by giving our office a call at 214-522-9404 .

Quentin-Brogdon-Photo

Attorney Quentin Brogdon

Quentin Brogdon has over thirty years of experience and expertise in the field of personal injury trial law. He is board certified in both personal injury trial law and civil trial advocacy. Quentin has received an AV rating from Martindale-Hubbell, the highest possible rating. This rating reflects an attorney’s ethics and abilities according to reviews from fellow attorneys. [ Attorney Bio ]

When Does an Injury Qualify for a Settlement in Texas?

Accidents happen all too frequently in Texas, and they may cause serious injuries and even death. After a severe personal injury, survivors may be left dealing with physical and emotional pain and trauma, the possibility of property damage resu...

When is a Public Swimming Pool Liable for Accidents in Texas?

Swimming pools are expected to be safe for adults and children, but when pool owners fail to maintain and operate their pools properly, you and your loved ones suffer because of this negligence. The negative impact of such injuries on your l...

How Long Does It Usually Take to Settle a Wrongful Death Suit?

The death of a loved one comes as a shock and tears your life apart. This event is even more difficult to deal with when another party is responsible for that death. You feel as though your loved one was ripped away from you before they should...