How Personal Injury Lawyers Calculate A Settlement Payment

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Victims who are injured in an accident in California may be entitled to compensation. However, there is no magic formula to determine what that amount is. But the attorneys at Berg Injury Lawyers can help victims and their families understand what their case is potentially worth based on their legal team’s skill, education, and experience in handling these types of cases.

That’s because a large part of calculating settlement payments is based on experience. More specifically, experience knowing how courts value cases based on other cases. Although there is no magic formula or crystal ball to determine a settlement payment, there is still a “going rate” that certain injuries go for based on several factors.

These factors include the following:

Location and venue of trial
Type of injury
Strength of liability
Whether there was any comparative fault
Pedigree information of the victim, including age, gender, overall health, income, family, and
Other factors that may dictate the amount of a settlement.

Of these factors, one of the most influential ones is the type of injury. This particularly includes whether that injury is permanent, disabling, or life-changing. Such factors have the greatest effect on the future pain and suffering, lost earnings, and medical bills, and therefore also have a large effect on the total amount of a recovery.

Unfortunately, many defense lawyers and insurance adjusters won’t fairly compensate you based on these factors. In fact, they may even try to undermine or deny your claim for unfair reasons. Don’t let that happen to you. To learn more about how our experienced personal injury attorneys in northern California at Berg Injury Lawyers can help you recover a fair settlement payment, contact us today by dialing 866-928-4640 for a FREE consultation. Or reach out to us through our website at berginjurylawyers.com.