12 Factors That Impact Your Personal Injury Settlement in 2023 (Part 2)

Learn how to calculate the amount of your personal injury settlement based on 12 factors that impact your personal injury claim. Figuring out how much your personal injury case is worth can be confusing, but it doesn’t have to be.

In this video series, I’m going to show you exactly how I determine the value of my clients' personal injury claims as a personal injury lawyer.

Over the years, I have developed a reliable system for determining how much a personal injury case is worth. In this video series, you'll learn twelve of the most important factors that I consider when I calculate the settlement value of a client's personal injury claim.

This video is Part 2 in a video series on the twelve factors that impact the dollar amount of your personal injury settlement. Specifically, this video covers the fourth and fifth factors to consider when evaluating whether the insurance company’s offer to settle your personal injury claim is fair and reasonable.

The fourth factor that will impact the settlement value of your personal injury claim is the nature and severity of your injuries. The fifth factor is the "harms and losses" that you've suffered as a result of the accident. This is often referred to as "damages."

Here is an outline of this video:

00:00 – Introduction
00:22 – Disclaimer
00:45 – Factor #4: The Nature & Severity of Your Injuries
00:54 – Soft-Tissue Injuries Such as Herniated Discs
01:00 – Broken Bones, Concussions, Scars, Disfigurement, & Lost Limbs
01:25 – Injuries Requiring Medical Devices Like Braces, Walkers, Canes, & Walking Boots
01:36 – Factor #5: Harms & Losses (Damages)
01:55 – Economic Damages Versus Non-Economic Damages
02:07 – Medical Bills, Lost Wages, and Loss of Earnings Capacity
02:27 – How to Calculate Loss of Earnings Capacity with Example
04:23 – Formula for Calculating Loss of Earnings Capacity in My Example
04:28 – Future Medical Expenses, Lost Income, and Loss of Earnings Capacity
04:40 – Non-Economic Damages Such as Pain and Suffering and Loss of Enjoyment of Life
05:09 – 3 Questions That Will Help You Calculate Your Non-Economic Damages
05:53 – The Pain Scale
07:29 – The Duration Scale
08:57 – The Interference Scale
10:50 – Conclusion

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