How to Calculate Personal Injury Damages

New York personal injury lawyersPersonal injury lawsuits are filed in order to hold negligent parties responsible for their actions that led to an injury. By doing this, people are able to obtain damages that cover losses and assist with recovery. There are a number of misunderstandings about damages, however, which is what we’re hear to clear up.

Our team of personal injury lawyers would like to take a few moments right now to consider some of the basics with regard to damages in civil cases. We will turn some of this focus on how they are determined.

What are damages in a personal injury

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What Are Punitive Damages?

What are punitive damages?The term “damages” refers to the monetary award granted to victims of injury as compensation for their losses and expenses. There are two basic types of damages: compensatory and punitive. Compensatory damages are the most commonly awarded type of damages; this represents the compensation that the defendant must pay to the plaintiff to cover demonstrable losses and expenses, such as medical bills, lost wages, and pain and suffering. Punitive damages, on the other hand, are awarded quite rarely. As the personal injury attorneys of Levine & Slavit tell clients of our firm in Long Island, punitive damages should not be … Read the rest