How to Value a Slip and Fall Case

St. Louis Slip and Fall Attorney - Law Offices of Kevin J Roach, LLCAfter an injury due to a slip and fall, you may be considering a lawsuit in order to recover any financial losses associated with the accident. Deciding if you should move forward with a lawsuit is not an easy decision. Not only will the burden of proof be on you, but you must also consider if it is financially worth it. There is no one-size-fits-all answer to how much a slip and fall case is worth, because every case is different. However, there are some financial considerations you can explore to see if your case is worth pursuing. You should also consult with an attorney to see just how much your claim may be worth.

Medical Costs – Past, Current, and Future

After an injury, you will have bills for past, current, and future medical expenses. This is one of the main measurements used when determining the value of a personal injury claim. Your attorney will use the amount of payments you have already made, and calculate how much you will pay in the future to determine what a proper settlement may be – ensuring you do not pay out of pocket for additional medical costs during your recovery after the lawsuit has been settled.

Your claim will be worth at least what you have paid in medical costs so far; therefore, that is a good starting point to see how much money you would receive if you were successful.

Pain and Suffering

Pain and suffering is not as easy to predict as medical costs, as there is no firm dollar amount applied. However, your medical bills are typically used as a starting point for calculations. Depending on the severity and permanency of your injuries, your attorney will use a multiplier to help determine how much pain and suffering you are entitled to on top of your medical costs.

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The value ultimately depends on how long you will suffer from your injury. If your injury has already been recovered from before your lawsuit is filed, you will not receive as much for pain and suffering as something severe that requires long-term recovery.

Lost Wages

Another item that will be used to determine the value of your settlement is your lost wages – if you missed work due to injuries, medical appointments, etc. Any time you had to take away from work in regards to the injury (including time to file your lawsuit) could be considered a lost wage cost. You will need to prove your wages by providing pay stubs of what you typically earn and then verifying the amount of hours you work, as well as the amount of hours you have missed.

Loss of Earning Capacity

For more severe injuries, loss of future wages could be applied to a claim as well. This only applies if your injury is so severe that you cannot return to work, or the type of work and hours you can put toward working are limited.

Speak with an Attorney to Get a True Valuation of Your Case

It is hard to put a solid figure on a slip and fall injury case. Instead, it is in your best interest to speak with an attorney to discuss all incidentals and costs associated with your particular claim. Contact the Law Offices of Kevin J. Roach, LLC at 866-519-0085 for a free consultation, or contact us online with your questions.