How To Calculate The Value of Wrongful Death and Personal Injury Cases
When I first meet with my clients, they usually have initial immediate concerns, such as, “How are my medical bills and lost wages going to be paid?” , “Why won’t the insurance company go ahead and pay my claim?” or “I have lost my spouse and I just simply don’t know what I am going to do to take care of my family.” If you have had a serious injury (or wrongful death of a family member), the other person’s negligence may cause a serious and devastating impact on your life and finances.
Sooner or later, another question is inevitable and you have a right to know, “What is the value of my case?”You need to be able to make plans to protect yourself and your family from the harsh realities that have been thrust upon you.
The Answer? “It depends.”
This is not an attempt to evade your question. But the truth is, there are so many critical varying factors that go into every value of each case that it is impossible to predict.I have met with many clients who have visited me for a free consultation, and have had them tell me stories of desperate attorneys who have told them that their case is worth hundreds of thousands of dollars, just to get them to sign up with them and then later disappoint them when they cannot deliver. We will always be honest and upfront with our client, even if it is information you would rather not hear.
Here are some of the factors that must be considered in determining the value, and net result, of your case:
Do NOT listen to any insurance agent or adjuster about the value of your case. They are going to vastly underrate the value of YOUR case and low ball you.
Again, any lawyer who says they know the value of your case at or near the beginning should be taken with a grain of salt. An experienced attorney should be able to sit down with you and ask probing questions that will give him or her a deeper understanding of the issues that will control your case other than just the words and numbers on paper that may answer the questions above.
In order to gain this understanding, our attorneys here at GriffithLaw, including myself, are always more than happy to sit down with you for free, either here or at your home or wherever you feel most comfortable, and give you a range of value of your case. Call now at 615-807-7900 to talk to an attorney who specializes in your type of case about its true range of values. This consultation is free and absolutely confidential.