Personal Injury · answered on camera

How Do You Determine The Monetary Value Of My Personal Injury Case?

Name: How Do You Determine The Monetary Value Of My Personal Injury Case?
Uploaded: 2024-01-13T11:10:39Z
Channel: Spencer Freeman
Description: How is a personal-injury case's value determined? There's no single formula, explains Pierce County, Washington attorney Spencer Freeman—insurers devalue everything, so real worth is ultimately set by juries. He looks to verdicts in comparable cases to gauge what a claim can command. Insurers weigh those same numbers, plus the costs and risks of litigation, in their offers.

Quick answer

How is a personal-injury case's value determined? There's no single formula, explains Pierce County, Washington attorney Spencer Freeman—insurers devalue everything, so real worth is ultimately set by juries. He looks to verdicts in comparable cases to gauge what a claim can command. Insurers weigh those same numbers, plus the costs and risks of litigation, in their offers.

Excerpt summaries from the video and transcripts · how we make them

Answered by Spencer Freeman · Pierce County, WA

Highlights

0:31

— why there's no formula: juries ultimately set the value

0:52

— how past jury awards anchor a pain-and-suffering figure

Frequently Asked Questions

How is an injury case's value determined?

There's no single formula—insurers devalue everything, so real worth is ultimately set by juries, and he looks to verdicts in comparable cases to gauge what a claim can command.

How is pain and suffering valued?

Past jury awards for similar injuries anchor the figure, and insurers weigh those same numbers, plus the costs and risks of litigation, in their offers.

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Contact Spencer Freeman

Answered by

Spencer Freeman
Freeman Law Firm, Inc.

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