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Is there a formula for a personal injury lawsuit?

Updated: 8/16/2019
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9y ago

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There is no formula per se; however insurance companies have research and data that give them guidelines and ideas about what certain types of injuries are worth. They won't ever publish that information, but they do have information so that they can get at least some idea of the value of an injury. That being said, remember that all situations are unique. There will always be differences in the degree of injury, rehab time and out of pocket expenses as a result of the injury. At one time many years ago there had been a kind of "formula" to figure out a pain and suffering award that a plaintiff's lawyer could use in settlement negotiations. They would figure out the actual medical expenses incurred as a result of the injuries, then double that amount and add the the two together. It wasn't very scientific but it gave everyone a starting point that was r easonable.

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Q: Is there a formula for a personal injury lawsuit?
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Get a Personal Injury Solicitor to help and defend you.


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