If you have ever read a news article about a large personal injury award, you may wonder how the jury (or judge) came up with that figure. While calculating damages is not an exact science, it is also not mere guesswork. The plaintiff in a personal injury case must present evidence, such as bills or expert testimony, to establish the size and scope of his or her losses attributable to the defendant’s conduct.
What are Economic Damages?
Economic damages refer to quantifiable financial losses suffered by the plaintiff. For example, if you are in a car accident, your economic damages may include the following: