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Blogs 2019 January How Much is My Texas Personal Injury Claim Worth?
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How Much is My Texas Personal Injury Claim Worth?

Posted By Law Office of James M. Stanley || 21-Jan-2019

If you have suffered an injury caused by a negligent party, you may be eligible to file a personal injury lawsuit to recover compensation to pay for the damage done. When it comes to personal injury claims, it is imperative to determine how much your claim is worth to ensure you are aware of the maximum settlement amount you can obtain.

There are two types of actual damages in a Texas personal injury claim: economic and noneconomic damages. Economic damages are your real and measurable losses, while noneconomic damages are considered unquantifiable and not out-of-pocket expenses.

Economic Damages

Economic damages refer to actual losses which are calculated by adding up amounts of bills, invoices, and receipts related to your injuries.

The following are the common types of economic damages in a personal injury lawsuit:

  • Medical expenses – From surgery and medication to hospital stays and transportation to and from the hospital, medical bills after suffering a serious injury can cost hundreds of thousands of dollars. A plaintiff in a personal injury lawsuit can seek compensation for any past, present, and future medical expenses associated with the injury.
  • Lost wages – When an individual suffers a serious injury, he/she may have to miss time from work temporarily in order to make the best recovery possible. On the other hand, permanent injuries may mean that the person is unable to return to work in the future. Since lost wages are considered economic losses, a plaintiff in a personal injury claim can seek compensation for the actual value of lost income.
  • Lost benefits – In the event a person is unable to go back to work due to a permanent injury, he/she may miss out on specific economic benefits such as retirement, pension, and bonuses.
  • Property damage – A personal injury lawsuit can seek costs associated with repairing or replacing property. In the event of a car accident, for example, a person can sue the negligent party to pay for damage done to his/her vehicle.

Noneconomic Damages

Noneconomic damages are meant to compensate an individual on his/her intangible losses. These types of damages do not their own monetary value.

Common types of noneconomic damages include:

  • Pain and suffering/emotional distress – If a person experiences physical pain and suffering, as well as emotional and mental anguish as a result of the accident and injury, they can recover compensation for these damages. Many insurance companies and lawyers use either the multiplier or the daily rate method to calculate these damages.
  • Disfigurement – If the accident resulted in physical disfigurement and impairment.
  • Loss of consortium – If the accident makes an injured individual unable to have an intimate and sexual relationship with his/her spouse.
  • Loss of enjoyment in life – If the accident and injury prevent an injured person from engaging in activities they once enjoyed in life.

Punitive Damages

Also known as exemplary damages, a judge orders these damages for the defendant to pay a plaintiff in order to punish the defendant for his/her egregious actions. The defendant must’ve intentionally caused the accident and injury through malice or gross negligence.

If you have been injured in an accident caused by a negligent party in Texas, contact our Fort Worth personal injury attorney at the Law Office of James M. Stanley and schedule a free consultation today.

Categories: Personal Injury

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The following is a sampling of some of the many cases we have had the privilege to handle on behalf of our clients. Each case is unique and must be evaluated on its own merits. Past results do not predict future results.​​

  • Catastrophic High Pressure Water Injury Resulting in Ruptured Colon, Infections, Multiple Surgeries Required

    NET TO CLIENT $3,069,546.66

  • Catastrophic Brain Injury/Motor Vehicle Accident

    NET TO CLIENT $3,018,051.78

  • Electrocution involving Defective Product

    NET TO CLIENT $2,491,510.87

  • Wrongful Death caused by Employer Negligence

    NET TO CLIENT $1,119,736.98

  • Grandmother seriously injured when rear-ended by 18-wheeler oil

    NET TO CLIENT $977,516.95

  • Wrongful Death due to Employer Negligence

    NET TO CLIENT $852,773.73

  • Wrongful Death caused by Employer Negligence.

    NET TO CLIENT $841,000.00

  • Catastrophic Injury caused by Defective Product.

    NET TO CLIENT $714,000.00

  • Wrongful Death caused by Employer Negligence

    NET TO CLIENT $728,664.19

  • Serious injury caused by 18-Wheeler blocking road

    NET TO CLIENT $584,309.41

  • Wrongful Death caused by Medical Malpractice.

    NET TO CLIENT $443,360.00

  • Wrongful Death and Survival Action

    NET TO CLIENT $461,423.23

  • Wrongful Death of a Fetus and Serious Personal Injury

    NET TO CLIENT $584,062.75

  • Wrongful Deaths

    NET TO CLIENT $532,211.06

  • Wrongful Death of a child

    NET TO CLIENT $499,266.40

  • Serious injuries to driver of 18-wheeler

    NET TO CLIENT $465,230.35

  • Wrongful Death caused by Medical Malpractice.

    NET TO CLIENT $359,520.00

  • Wrongful Death of a Child

    NET TO CLIENT $303,070.11

  • Wrongful Death of a Child

    NET TO CLIENT $380,345.57

  • Wrongful Death caused by physician negligence

    NET TO CLIENT$345,526.90

  • Serious Personal Injury

    NET TO CLIENT $352,813.23

  • Wrongful Death of a Child

    NET TO CLIENT $320,706.81

  • Medical negligence by hospital

    NET TO CLIENT $284,156.68

  • Wrongful Death Alcohol-Related Accident

    NET TO CLIENT $341,061.50


*The amounts reflected are the actual dollar amounts received by clients after deduction of attorney’s fees and expenses.
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* James Stanley is the only attorney of the Law Office of James M. Stanley that has been inducted into the Multi-Million Dollar Advocates Forum and Million Dollar Advocates Forum

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