What is the value of a lost earning capacity claim?

The value of a lost earning capacity claim in New York relates to the potential compensation that a person who has suffered a brain injury may be eligible to receive. This is based on the individual’s lost earning capacity, which means the lost ability to earn an income or wages due to the injury. This is an important consideration for those who have suffered a serious brain injury because it helps them gain some financial security in the face of the financial losses they have experienced. Lost earning capacity is related to the future wages of the individual and can be affected by things such as future promotions, raises, and other earning potential. Generally, the value of a lost earning capacity claim is assessed in terms of the individual’s lost wages, as well as their lost earning potential. This value is then used to determine how much compensation the individual may be entitled to receive in order to help them cover the losses they have suffered. In addition to determining the value of a lost earning capacity claim, experienced brain injury lawyers can help injured individuals pursue other types of damages, such as medical bills, lost wages, and other damages. These damages can be pursued in order to help the individual who is suffering from a serious brain injury gain some financial security and peace of mind.

Related FAQs

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