In California, pain and suffering damages can be calculated through two primary methods: Multiplier Method. Per Diem Approach. Severity and Duration of Physical Injuries. Extent of Medical Expenses. Daily Life Disruption. Loss of Enjoyment of Life. Emotional and Psychological Impact.
After determining what your case is worth, you should usually ask for around double that amount in your demand letter. This initiates the settlement negotiation process and gives you room to compromise. It also helps you avoid asking for too little and the insurance company agreeing to that amount.
Average back injury settlements can range anywhere from $20,000 – $50,000; however, in severe cases, it is not uncommon for settlements to be within the $100,000 – $500,000 range, especially if spinal cord injuries were sustained.
Here are the average settlement amounts for some of the more common types of personal injury claims in California: Workers' Compensation Settlement: $5,000 – $20,000. Car Accident Settlement: $20,000 – $30,000. Motorcycle Accident Settlement: $50,000 -$150,000.
Hourly rates in California by practice area Practice AreaAverage Hourly Rate Criminal $325 Elder Law $365 Employment Labor $381 Family $36827 more rows
Accrued medical expenses, property damages, lost income, legal expenses, insurance coverage, and pain & suffering are just some of the more commonly used elements to calculate a fair settlement amount.
The result of a settlement agreement involves the responsible party paying a certain amount to compensate for the damages caused to the victim.