How is the value of a brain injury claim determined?

The value of a brain injury claim in Arkansas is determined by the amount of damages suffered. Damages can refer to both economic and non-economic losses. Economic losses account for any direct costs that a person has incurred as a result of their injury, such as out-of-pocket medical and rehabilitation costs, lost wages, and the costs associated with replacing any damaged property. Non-economic losses refer to the more abstract losses one experiences, such as pain and suffering, emotional distress, and loss of enjoyment of life. In order to determine the value, an attorney must assess both the current and future costs associated with the injury. This assessment takes into account the extent of the injury, the projected rate of recovery, the impact of the injury and the long-term outlook. An attorney also needs to consider the type of care that may be needed in the future due to the injury, such as long-term physical therapy or mental health care. In order to calculate the total amount of damages, an attorney will exhaustively examine all medical records, physical evidence, witness statements, and other relevant information. This is used to estimate the financial impact of the injury on the injured person. They will also research the amount of economic losses that people with similar injuries have sustained in the past. Ultimately, the value of a brain injury claim in Arkansas is determined by a number of factors, and a qualified attorney is key to achieving an accurate assessment.

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How is the value of a brain injury claim determined?

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