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How Much Money Is My New York Slip and Fall Case Worth?

The victim of a slip and fall accident frequently suffers serious, even life-altering, physical injuries as well as experiencing emotional trauma as a result of the accident. Fortunately, the law allows a victim to seek compensation for all injuries caused in a slip and fall accident when another party caused, or contributed to, the accident. If you are a victim of a slip and fall accident you may wonder " How much money is my New York slip and fall case worth? " Although there is no formula for determining the value of a slip and fall case, understanding the factors that go into a slip and fall settlement or award may be helpful. Consulting with an experienced New York slip and fall accident attorney is, of course, the best way to get an idea what your case is worth.

A slip and fall accident can happen just about anywhere to anyone. Common places where these accidents occur include:

  • Supermarkets
  • Escalators and elevators
  • Sidewalks and walkways
  • Stairs
  • Restaurants
  • Parking lots
  • Pools

If another party's negligence was the cause of your slip and fall accident, r was a contributing factor, you may be entitled to compensation for your economic and non-economic damages. Economic damages include things such a medical bills and lost wages. As such, economic damages are typically easier to quantify. Non-economic damages are what people usually refer to as "pain and suffering". Because your non-economic damages are more subjective in nature they are much more difficult to value.

If the defendant is found to be negligent, all necessary and reasonable economic damages will be compensable. If the defendant was only partially responsible, only a portion of your economic damages will be paid by the defendant. The same applies to non-economic damages; however, determining the starting value for non-economic damages can be a daunting task. Some factors that are commonly used when calculating the value of non-economic damages include, but are not limited to:

  • Extent and severity of physical injuries
  • Future prognosis for physical injures
  • Age and general health of the victim prior to the accident
  • Education and earning capacity  of the victim
  • Family make-up
  • Scarring or disfiguration caused by the accident

Because each New York slip and fall case involves a unique set of facts and circumstances it is best to consult with the New York personal injury attorneys at SIMON & GILMAN, LLP who can provide you with a more precise idea of what your case is worth.

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