Unfortunate events such as accidents can happen to anyone and stay engraved in a person’s life. Such painful events cause tremendous mental shock that takes months to cope with.
Accidents can cause physical impairment or even death, resulting in huge financial losses. In the majority of cases, pedestrians are run over by an oncoming vehicle while walking, running, or standing.
However, if in an unfavorable situation, you might also get involved in a pedestrian accident then you’ll require the best pedestrian accident lawyer. These lawyers specialize in assisting you with legal matters, ensuring victims receive fair compensation for their pain and suffering.
As talked about earlier, the damage could either cause mental or physical stress that causes several issues later on. Physical stress can cause impairment, lifetime disability, paralysis, and loss of muscle functioning.
Emotional stress can cause anxiety, PTSD, or even depression. To compensate for the loss, all the factors such as being unable to earn, loss of joy, and medical expenses are included.
To calculate fair compensation, there are basically two methods that the jury takes into account.
This method is mostly used across the globe to calculate the compensation amount. It is known as the multiplier method, and as the name suggests, the total loss incurred is multiplied by the severity of damage.
The amount of loss incurred includes factors like loss of salary, medical expenses, rehabilitation, and any sort of financial loss. Furthermore, the multiplier ranging from 1.5 to 5 is considered by the court and multiplied by the amount.
For example, if the economic loss is $15,000 and the severity of damage is a multiplier that is given as 2, then the compensation amount would be:
$15,000 × 2 = $30,000
Now moving towards the second method, which is a bit complex to understand. Although it is the proven method that calculates the exact amount that justifies the pain and suffering of the victim.
The per diem method calculates the amount on a per-day basis for all the losses incurred. This method considers the victim’s income before the incident and discomfort and all other challenges he/she faces on a daily basis.
Experts’ opinions are also taken in determining the amount, that’s why it is considered the most accurate method. The duration is assumed on the basis of how long the patient will remain affected, including physically and emotionally.
Supposedly, if the number of rehab days comes out to be 120 days given by the doctors and the per-day compensation amount is $100, the total amount would be:
120 × $100 = $12,000
The clear answer to this is no, you won’t get to choose the compensation method. Your lawyer in this case would help you get a justified compensation amount that reflects your loss. Let us understand more briefly how a lawyer is an ally in such a situation.
The justified amount that substitutes your loss is something you deserve. Situations like pedestrian accidents are very hard to deal with, having a reliable lawyer who is well aware of the peculiarities makes it easy.
With the help of an expert lawyer and either the multiplier or per diem method, you can ensure your claim reflects the true extent of your pain and suffering. Moreover, gathering evidence and proper paperwork that ensures you are entitled to compensation becomes necessary.
Per diem is more accurate because all the assumptions, amount, and number of days are taken into account only after being verified by specialists and doctors.
Appointing a lawyer helps you get well-deserved compensation. A lawyer acts like your representative in court, assisting you in tackling various laws and complexities.
Yes, any kind of loss, monetary or time, will be considered while calculating compensation.
