How Future Loss of Income is Calculated

Описание: Calculating the loss of future earning capacity can be a complex process that often relies on input from multiple experts. Financial experts from both sides of the case will analyze the plaintiff’s earning, the industry they work in, their career trajectory, and other factors to calculate their future earning potential. Medical experts will be asked to assess how long the plaintiff will be unable to work. If their injuries caused permanent disability, the compensation for lost future earnings will be larger than if they suffered a temporary impairment.

Once these calculations have been made, it’s up to the plaintiff’s personal injury lawyer and the defendant’s lawyer to negotiate a settlement. If no settlement is reached, the dispute may go to trial. At trial, the personal injury lawyer must explain to the judge and/or jury why the plaintiff is entitled to the proposed compensation for future lost earnings.

CONTACT A PERSONAL INJURY LAWYER
If you’ve been injured in an accident, it is essential to hire an experienced personal injury lawyer who can help you access the full amount of compensation to which you are entitled. Doing this may require them to have established connections with financial and medical experts who can provide a fair and accurate view of your lost earning capacity.

Contact Will Davidson LLP today to schedule a free, no-obligation consultation. Our team has represented seriously injured Ontarians for decades; we have the expertise and experience to ensure that you receive the benefits you’re entitled to.

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