Unfortunately, there is no simple formula. If there were, then both sides would always agree on the value of a case, and no injured accident victim would ever need to hire a personal injury lawyer. But injury cases are too subjective and each case too unique to arrive at a formula. In fact, the same injury (although no two injuries are exactly alike), may affect one accident victim differently than it would affect another. For instance, a surgeon who loses a finger may have a substantial lost income claim if he or she can no longer perform surgery. The same may be true for an artist or musician. However, the same injury to a pediatrician, news reporter or college professor may produce very little or no lost income, because having one less finger, although a dramatic injury, is not crucial to his or her job performance. In my opinion, any attorney who claims to know what your case is worth before thoroughly investigating all aspects of the claim is shooting in the dark and doing you a disservice. In fact, the bar association strictly prohibits an attorney from guaranteeing a certain result. Even after thorough investigation and preparation, valuing a claim is more an art than a science. Here's why: Ultimately, the value of your unique case is what a jury may feel is fair to award. But we never know that figure until the jury reaches a verdict. To make things more complicated, if your case were tried to two juries simultaneously, and each jury deliberated on the exact same evidence separately, they would likely arrive at different awards. Juries are made up of individual persons, each with different backgrounds, experiences and philosophies about awarding damages for injuries. Generally speaking, the components of personal injury damages may include some or all of the following, depending upon the severity of the injury:
- Past and future medical bills;
- Past and future mental and physical pain and suffering;
- Past and future loss of enjoyment of life;
- Past and future loss of income or earning capacity;
- Disfigurement.
- the injured accident victim's credibility and likeability before a jury;
- whether or not the defendant's conduct giving rise to the injury was a simple mistake versus egregious and reckless behavior;
- whether or not the injured accident victim bears any portion of fault;
- whether or not the victim had any pre-existing injuries to the same areas of the body;
- whether or not any aspect of the injuries or their effects are permanent; the victim's age;
- whether or not the victim's income has been affected at all, temporarily or permanently;
- the extent and cost of past medical treatment;
- the need and cost for future medical treatment;
- specific legal or evidentiary issues, such as whether a victim's past criminal background, if any, will be admissible before the jury; and
- the parish where the case is filed (some parishes are considered more conservative, others more liberal).