HOW CAN I ESTIMATE THE VALUE OF A LAWSUIT?

Lawsuit Value Calculator

If you’ve been injured in an accident or are seeking compensation through a lawsuit, then you definitely are wondering how much your lawsuit is worth. It is important to find out what your lawsuit is worth so you know if the cost of bringing it to court will be covered. It is also important to know what it is worth so you don’t ask for too much, which can cause the lawsuit to be rejected. The best way to find out this information is to use a lawsuit value calculator.

If you have searched the internet for a lawsuit value calculator and haven’t found one, don’t be surprised. They really don’t exist on the internet because each lawsuit is different and it is close to impossible to program a calculator that takes account of all variables in a lawsuit and calculate an accurate estimate. Other websites may trick you into giving out your personal information to them in a fake lawsuit value calculator, so don’t use one that you may find online.

1. Duty

You must establish the the defendant had a duty to perform something. Often, this is not disputed at trial. The defendant may file papers to have the lawsuit dismissed if they have no legal duty to act in the case, therefore the judge will dismiss the case. Many lawyers will not even process your case if there is a problem in this department.

2. Breach of Duty

The second step would be to prove the defendant breached the duty he/she was to perform. With a car accident for example, it is not enough to explain that the defendant was supposed to comply with normal driving standards. By proving that the defendant breached his/her duty by either speeding, swerving, drunk driving, etc. you are building your personal injury lawsuit case, which will only help you when trying to get a personal injury lawsuit loan.

3. Causation

The next step would be for your lawyer to prove that the failure of this particular duty caused the injury you suffered. So in this example, the defendant had a duty to drive safely. Say they breach this duty, how did it cause you injury? You must prove you were injured because of the defendants negligent act. Usually, this means proving a physical injury. Your word is important, but it’s best to have the testimony of a doctor and the medical records giving evidence to your injury.

If you find yourself having difficulty paying for expenses due to your increased medical bills, you may need to apply for a personal injury lawsuit loan with Global Financial Credit, LLC. Now, it’s up to the jury to determine that you were damaged in a certain amount. The award will be based on this figure. Be sure to include all hard costs such as medical bills and car repairs in your case. Your attorney will also make an argument regarding your “pain and suffering.” If you can approve all of the above, you will most likely win.

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The information contained in this article is not, nor is it intended to be, legal advice as Global Financial is not a law firm. You should always consult an attorney for advice regarding your individual situation.

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