Studies Looking at Value of Personal Injury Cases Nationally
There is data available to give injury victims some general notion of
the personal injury awards accident victims are receiving in personal
injury cases. In 2005, a company that analyzes jury verdicts in
personal injury cases did a study that found that the nationwide median
jury award in a personal injury case was $38,461 and the nationwide
plaintiff recovery probability was 55 percent.
The Factors That Matter in Personal Injury Cases
The data set out above is clearly not predictive of the results in any
individual personal injury case. You need to discuss with your lawyer
the specific facts of your personal injury case, the possible defense
that may be asserted by the defendant's lawyer that may affect the
jurors' perceptions, and come to a conclusion about the fair value of
your case. This discussion will include analysis of the severity of the
injuries you suffered as described both by you and in your medical
records, the amount of available insurance, how clear the causal
connection is between your injuries and the accident, how strong your
liability case is, the quality of all of the witnesses, and the
expected jury perceptions of you and the defendant. This discussion
with your lawyer will also include analysis of the venue where the case
is being tried.
Value of Smaller Personal Injury Cases
It is not difficult to predict the settlement value of a smaller
personal injury case where the injuries are not substantial. Cases
where the value of the case is less than $25,000 cannot be predicted
with exact certainty but an experienced personal injury lawyer can
predict the value to a reasonable degree of confidence within a
relatively narrow range. Accordingly, if you know the amount of lost
wages, the injuries, and the way the injured victim will appear at
trial, a seasoned personal injury lawyer familiar with the jury pool in
the particular county where the case is being tried can generally make
a close prediction as to the outcome of the case.
How the Insurance Companies Determine Value
If you are wondering if you have a case, contact
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