Mystified by how a New York personal injury lawyer knows how much a case should settle for? Let’s demystify the process. I’ll walk you right through it!
The first step for determining the settlement value of a case is to wait. We have to wait until either the client is either done treating or has reached “maximum medical improvement”. When that happens, we can look back at all the client have been through and decide what the pain and suffering is “worth”. Also, at that time we will know whether the client has any “permanency”, meaning whether she is going to continue to suffer for the rest of her life. If her doctor says the condition, pain, or disability is “permanent”, then we can claim pain and suffering compensation for the client’s natural lifetime.
The next step is to look at what other juries have awarded people with similar injuries. We can figure this out both by looking at past verdicts we have gotten in court for our clients, and also by cases we have read about. All lawyers in our office read religiously a weekly publication called the “New York Jury Reporter” which describes in detail plaintiffs’ injuries and what juries have awarded for them.