A personal injury attorney in San Antonio uses a specific formula to calculate client settlements. The process involves assessing several key factors to determine the compensation a victim deserves. These factors include medical expenses, lost wages, and pain and suffering.
First and foremost, the lawyer will consider the victim’s medical expenses, including hospital bills, doctor’s fees, and rehabilitation costs. These expenses are essential in calculating the economic damages suffered due to the injury.
Besides medical expenses, the lawyer will also account for any lost wages or income resulting from the injury. This includes the wages the victim could not earn while recovering or receiving medical treatment.
Lastly, pain and suffering, a crucial non-economic factor, is considered. Personal injury lawyers in San Antonio use various methods to quantify the emotional and physical distress experienced by their clients. This factor plays an important role in arriving at the final settlement amount.
Once all these factors are considered, the lawyer will negotiate with the at-fault party’s insurance firm to secure a fair settlement. In some cases, if a fair settlement cannot be reached through negotiation, the lawyer may proceed with a lawsuit and seek compensation through a court judgment.
In conclusion, a personal injury attorney in San Antonio calculates settlements by assessing medical expenses, lost wages, and pain and suffering. This method ensures that victims receive fair and just compensation they deserve.