How can I determine the amount of compensation I should receive for my catastrophic injury?

Figuring out the amount of compensation to which you are entitled for your catastrophic injury can be a challenging process. In Washington, most catastrophic injury cases are handled with a contingency fee agreement, where the plaintiff pays for legal fees with a portion of the settlement. This means that the lawyer will not receive payment until the settlement or jury award is received. When determining the amount of compensation to receive for a catastrophic injury, both the economic and non-economic damages should be taken into account. Economic damages refer to the tangible losses such as medical bills, lost wages, costs of rehabilitation, and decreased earning capacity. Non-economic damages typically relate to more intangible losses related to physical or emotional harm, such as pain and suffering, loss of enjoyment of life, and disfigurement. The amount of compensation you may receive also depends on factors such as the jurisdiction in which the claim is filed, the amount of insurance coverage available, the amount of liability of the other party, and the amount of damages proven. Additionally, many insurance companies may be willing to negotiate to reduce the damages owed. It is important to enlist the help of an experienced catastrophic injury lawyer in order to negotiate the best possible settlement, as the lawyer will be familiar with the law and all the potential damages to which you may be entitled.

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