Pecuniary losses form an integral part of a wrongful death case. These are losses that can be measured in monetary terms (such as lost wages), unlike losses that are difficult to measure in terms of money (such as pain and suffering). There are several methods and ways of calculating pecuniary losses, and the common ones are:
Determination of the Direct Monetary Losses
One of the first things is to determine what the monetary losses that the decedent’s loved ones have suffered as a result of the wrongful death.…
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Compensable injuries refer to physical injuries from work accidents. Occupational diseases that result from exposure to toxic substances at work are also compensable. Under the workers’ compensation system, employers must provide insurance to pay lost wages and medical expenses when employees sustain work related injuries. Workers compensation laws vary with each state, although some features remain consistent.
Indemnity Benefits
Indemnity benefits compensate for the loss of your income from work or your earning ability.…
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During the Great Recession, many U.S. law firms closed their doors for good – in large part due to declining revenues and an increasingly expensive supply of attorneys. Because most of a law firm’s fixed expenses are personnel-related, it can be difficult to cut costs without cutting staff. However, some firms have begun to move away from the billable hour model to help increase productivity and revenue, even in lean times.…
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