What is a fair settlement for a spinal injury lawsuit?

A fair settlement for a spinal injury lawsuit in New Jersey will depend on the individual details of the case, including the severity of the injury, the degree of negligence, and the affected individual’s age, financial situation, and any other relevant factors. Generally, spinal injury plaintiffs are entitled to compensation for medical bills, lost wages, and physical and emotional pain and suffering. In spinal injury cases, damages are categorized as either economic damages or non-economic damages. Economic damages refer to tangible economic losses, such as medical bills or lost wages, while non-economic damages refer to emotional and/or physical pain and suffering resulting from the injury. Economic damages are easier to calculate, as they involve financial losses that can be estimated, whereas non-economic damages are more subjective and depend on individual factors. Both economic and non-economic damages may be included in a spinal injury settlement. To calculate a fair settlement for a spinal injury lawsuit, the plaintiff’s attorney may assess the severity of the injury, the amount of economic and non-economic damages, the degree of fault in the injury, and any other relevant factors. A fair settlement should adequately compensate the plaintiff for their physical and emotional pain and suffering as well as any economic losses incurred due to the injury.

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