It can sometimes be hard to put a price tag on pain. For example, if you have been injured in a personal injury case, how much should you be compensated? What is fair compensation for all that you have been through? There are several different methods that a court can use to calculate what you are entitled to. These methods include but are not limited to:
One common way of calculating compensation in a personal injury case is by taking the amount of medical bills as well as any wages that have been lost from time off of employment and then multiplying them by a number between one and five. Choosing to have your bills multiplied by five would mean that you had an extremely serious injury, whereas a one would be an injury that was not that serious. For example, let's say that you have $5,000 of medical bills because of a slip and fall you had. You have some back pain, but it is only about a two on the scale of severity. Using this method of calculation you would be eligible to receive $10,000.
There have been some computer programs developed of late to calculate compensation automatically. The most basic information is input along with how the accident happened and then they use an algorithm to figure it out. Using computer programs can be challenging since it is a very black and white method. There is very little room for circumstantial compensation.
In an effort to simplify the compensation process, some personal injury lawyers simply ask for a certain amount of money for each day until the victim of the accident is back to full health. If you were recovering for 30 days, your lawyer may argue that you deserve $150 a day which would come to the amount of $4,500. This can be an easy way to go about seeking compensation.
In conclusion, a court is not restricted to use one of these methods in order to finalize the cost of your compensation. These are just a few common methods that have been used. One of the best ways to increase the amount of compensation you could win is by retaining a personal injury lawyer to work your case. Contact personal injury lawyers in your area to get an idea of what type of compensation you may be able to get.