About 2 percent of the American population — or approximately 5.3 million people — require lifelong assistance with daily tasks because of a traumatic brain injury. Traumatic brain injuries change everything about a victim’s life. Most victims are usually forced to radically alter life plans, give up their independence, and often become cut off from enjoying life’s pleasures.
In addition, victims may need multiple surgeries, regular physical therapy, or round-the-clock care. Sadly, many victims’ families may not have the necessary financial resources to adequately provide for their loved ones’ medical needs. Brain injury settlements vary and will depend on the specific circumstances.
Victims of a brain injury are welcomed to contact our qualified brain injury attorneys at West Coast Trial Lawyers. We will help strengthen your claim and negotiate with insurance companies to ensure you get the compensation you deserve. With our track record of winning more than $1 billion in settlements for our clients, we are confident that we will deliver a good outcome to your case.
Settlement amounts will vary greatly, because brain injuries themselves can present a variety of symptoms, from moderate to severe. Broadly speaking, compensatory damages can be divided in either of the two following categories:
Economic damages are intended to compensate a plaintiff for losses that a dollar amount can readily be attached to. Economic damages are calculated by determining the amount of out-of-pocket losses an aggrieved individual has or will expect to incur as a result of their injuries. A few examples of economic losses include:
Non-economic damages are essentially intended to cover losses that are thought of as subjective and will not necessarily cover out-of-pocket losses. Non-economic damages may include compensation for:
Economic damages are relatively easy to determine, because they include tangible costs, such as lost wages and medical bills. However, calculating lost earning capacity and future wages may be more challenging. The dollar amount will combine all these losses.
Non-economic damages are not as easy to calculate, as they are intended to compensate a victim for intangible losses, such as pain and suffering. It is a good idea to maintain a journal of any changes to your quality of life, such as memory loss or personality changes, since the injury occurred.
A settlement amount will combine both economic and non-economic damages. However, a brain injury victim may also be entitled to punitive damages. Punitive damages are intended as punishment and are only awarded when a defendant’s behavior is especially harmful. Punitive damages are relatively rare and, in fact, were only incorporated in 5 percent of all verdicts.
Furthermore, there is no real set standard for calculating and awarding punitive damages. Punitive damages are awarded at the court’s discretion and will vary depending on the specific circumstances of a brain injury case.
Examples of Brain Injury Settlements
If you or a loved one were the victim of brain injury due to negligent acts committed by another individual, our skilled brain injury attorneys at West Coast Trial Lawyers will help you recover compensation for the losses you have suffered, including medical bills, lost wages, pain and suffering, and more.
We offer a free, no-obligation consultation at our firm. No fees are paid until your case has been settled. Reach out to our 24/7 legal team by calling 213-927-3700 or filling out our quick contact form.