Determining the Worth of Your Personal Injury Claim
Most of our clients are still receiving diagnosis of, or treatment on, their injuries with their doctors when they hire us. Often times many of our clients’ injuries have not manifested to the point of receiving a diagnosis. While the timing of making settlement demands is the client’s decision, we warn our clients against the dangers of settling their case before they know the full extent of their damages. If we settled the case early without knowing their damages, we are doing our clients a disservice. If you have been injured as a result of the negligent or intentional acts of others, you have only one chance to settle your case—you do not get two bites at the apple, so to speak. That is because insurance companies will require a full release of all claims be signed, which bars any future recovery. So if a client settles his or her case and then they determine that additional treatment is needed or discover new injuries that had not yet manifested, the client cannot go back to the defendant and get additional money to cover these expenses.
Simply put, there are so many different factors to determine what our client’s damages may be, that are made easier with the expertise of a lawyer —how the accident happened; where the accident occurred; the client’s age and health prior to the accident; the type of accident; how much money was spent on doctors, chiropractors, and other professionals; whether the client was working when the accident occurred; how much insurance or assets the potential defendant has; how the injury will affect the rest of the client’s life; among many other factors. Two people could receive the exact same injury in the same wreck and have wildly different case values. For example, if Patrick Mahomes and I suffered shoulder injuries in the same car wreck, and we were each unable to ever throw a football again, his damages would be substantially higher than mine, largely based on future economic loss. There are so many factors in evaluating what an injury victim’s case is worth, so it is important to investigate those factors thoroughly before an attorney can begin to advise on case values.