Unpacking Your Personal Injury Settlement: McCready Law Reveals What’s Included
The end goal of a personal injury claim is to receive some form of compensation or settlement so one can move on with their life. A personal injury claim can be stressful, take a while to settle or receive a verdict, as well as be shrouded in mystery. The average injured individual may not know what comes next after their claim is resolved as far as a settlement is concerned when it comes to things like when they shall receive the settlement, the total amount, its breakdown and so on.
It is important to note that this amount isn’t just a random sum that your attorney or the courts come up with, but it is a carefully calculated total which is meant to address the different number of ways that your life has been affected, whether financially, emotionally or physically, on account of someone else’s negligence. At McCready Law, we are committed to ensuring transparency as far as settlements are concerned, and in this post, we shall perform a breakdown of what you will have included in your lump sum so that you’re able to have a full understanding of the legal process as well as see how justice was carried out in your favor.
Are you looking for a best injury attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. The experienced injury lawyers at McCready Law bring to the table over 90 YEARS of combined legal experience where we’ve helped tens of thousands of injured Americans across the country as well as from all socioeconomic backgrounds, receive justice and their compensation after getting injured due to the negligent actions of other individuals.
Over the decades, we’ve tirelessly worked for the injured who reach out to us for help with their claims, and thanks to our dedication to them and their families, we have been able to recover over $260 million and counting for our clients, with innumerable number of clients receiving settlements of tens of thousands or more.
Our success in the personal injury field can be attributed to a number of factors such as personally handling all claims as seasoned attorneys from start to finish and not delegating the work to legal assistants and paralegals as is often seen in most law firms, the fact that we work closely with our clients and maintain open lines of communication so the claim is handled in a collaborative fashion and the client is more engaged and offers more information that may lead to faster case resolution, and working with respected and experienced medical, forensic and other experts whose testimony as well as evidence-collection strategies are pivotal to the success of a claim.
In addition, we are not afraid to litigate should we fee that your injuries as well as the conduct or negligence of the defendant warrants it as more often than not, doing so results in the awarding of maximum compensation compared to insurance company negotiations where the balance of power is skewed. We run a bilingual firm (hablamos Espanol), we have nationwide reach thanks to our vast and trusted law firm and attorney referral network, and we take on all cases on contingency fee which simply means that there are ZERO UPFRONT FEES for the duration of the processing of your claim, as we only levy our fees at the end of the claim and only if we’ve recovered compensation on your behalf.
If you or a loved one got injured due to someone else’s negligence, please reach out to us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation – our intake team is standing by.
What You Actually Get in a Personal Injury Settlement
Let’s take a look at what constitutes your average personal injury settlement:
- Economic damages form the foundation of just about every personal injury settlement. These refer to the tangible financial losses you have suffered as a result of the accident and subsequent injuries. These damages are straightforward to determine as they will be sourced from bills and pay stubs. In particular, they cover things like the cost of past and future medical expenses for treatment you have undergone and are anticipate to undergo such as emergency care, medical consultation, lab tests, rehabilitation therapies, hospital stays, the cost of prescription medication and so on.
- Reimbursement for lost wages or present and future earning capacity is also considered in a typical personal injury settlement. Injuries will most likely force you to take time off work in order to recover, so your wages will be reimbursed by calculating your past earnings. However, if your injuries caused you a considerable amount of immobility, disability or impacted the manner in which you’re able to be productive at work, you may receive compensation for the same based on your profession, skills as well as projected long-term physical or cognitive limitations associated with your injuries.
Non-economic damages are also considered in your average personal injury claim. Let’s take a look at a few:
- Compensation for physical pain and suffering is a crucial part of personal injury settlement as injuries usually lead to some form of physical pain and discomfort, which may significantly impact your quality of life. This is usually not an exact science, but thanks to our experience and expertise when it comes to injury claims, we as a best injury law firm will be able to articulate as well as quantify the impact of your pain so you’re adequately compensation.
- Emotional distress and psychological impact of accidents and injuries is also considered as most individuals will go through some form of anxiety, depression, insomnia and even post-traumatic stress disorder (PTSD) which can significantly impact one’s ability to show up for themselves and others and in the end, lower their quality of life. Again, this is not an exact science, but bills and receipts from therapists as well as family member testimonies may help determine the value of these types of damages.
Best Countrywide Injury Attorneys – Call Us Today!
At the end of the day, a personal injury settlement is a complex creature that can only be demystified by an experienced injury law firm that has handled tens of thousands of such claims over the decades; you can trust McCready Law to get you the compensation you truly deserve. Please call us NOW at (314) 481-63338 at NO COST to you for your 100% FREE consultation into all things injury law, regardless of where you are in the country. Thanks for choosing McCready Law, and we look forward to helping you.