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Personal Injury Compensation – How to Get the Compensation You Need It is normal to be concerned about your finances when you are in an accident. personal injury attorney jackson is especially true if you suffer a serious injury. There are a variety of ways to receive compensation for your injuries. These include economic damages as well as non-economic damages, such as pain and suffering. Economic Damages If you are injured as the result of the negligence of another you are entitled to financial compensation. This compensation is designed to help you recover from your injuries and get back to your pre-injury standard of living. There are two kinds of damages monetary that can be awarded in personal injury cases that are: economic damages and non-economic damages. The former is meant to compensate you for the financial damages resulting from the accident, while the second is designed to compensate you for the emotional trauma that your accident has caused. A judge or jury may award economic damages to victims in numerous cases. This can include lost wages, medical bills, rehabilitation care, and property damage costs such as repair and replacement. The damages in this category is documented with receipts, bills, and pay stubs. A defendant's negligent behavior can result in a variety of economic losses. These losses include: – Loss in Earning Capacity If a victim suffers an injury, their earning capacity may be severely affected. They could be forced accept a lower-paying job or become permanently disabled. Future Earning Capacity This can be a challenge to determine because it is contingent on the victim's age, the industry and the current trend at the time of the accident. A person might be young and have a career that is on the rise or they might be 58 and have a complete retirement plan ahead of them. Past Earning Capacity This is also jurors' challenges because it requires an in-depth analysis of the victim's work experience and the potential for future earnings. A victim might be a recent graduate with a technical career. In addition, to the loss of wages, the victim might be facing other expenses like medical bills, car repairs and even out-of-pocket expenses for medication or therapy. These expenses can add up to a significant amount of money. To settle a fair amount make sure you add all the expenses. There are many factors that affect the amount of your economic damages. It is important to consult with an experienced personal injury lawyer who can assist you in understanding how these damages are calculated and determined. Your lawyer can provide you with a list detailing all of your economic losses and help you identify experts who can assign a dollar value to these damages to determine your compensation.