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Personal Injury Compensation - How to Get the Compensation You NeedIt is normal to be concerned about your finances when you are involved in an accident. This is especially true if you are involved in a serious injury.Fortunately, there are ways to receive compensation for your injuries. These include economic damages as well as non-economic damages, like pain and suffering.Economic DamagesFinancial compensation is open to all who have suffered injuries due to the negligence of a third party. This compensation will help you return to your life prior to injury.In personal injury cases, there are two types of financial damages you could receive: non-economic and economic. The former is designed to compensate you for monetary damages resulting from the accident, whereas the latter is designed to pay for the emotional trauma that your accident has caused.In personal injury lawyer salem , a jury or judge will award a victim economic damages to cover their lost wages, medical bills and rehabilitative care along with the cost of property damage, like repair and replacement. This category of damages is specific in that it may be documented with receipts or pay stubs, as well as bills.A defendant's negligent behavior can result in a variety of economic losses. These losses include the following:- Loss of Earning CapacityA victim could be less able to earn following an injury. They could be forced to find a job that pays less or even be permanently disabled.- Future Earning CapacityThis factor can be difficult to determine since it relies on the victim's age and profession, and trend at the time of the accident. A person could be young and have a career on the rise, or they may be 58 years old and have a full retirement plan in front of them.- Past Earning CapacityThis is a problem for jurors as it requires an in-depth analysis of the victim's work history and the potential earnings for the future. For example, a victim could be a recent graduate with a promising career in engineering.In addition to losing wages, the victim might have faced other costs like medical bills, car repairs and even out of pocket expenses for medication or therapy.These expenses can add up to a substantial amount of money. Add all of these costs to figure out the extent of your economic losses could be will allow you to get a fair settlement.There are many factors that impact the amount of your economic damages. It is essential to consult a skilled personal injury lawyer who will help you understand how these damages are calculated and determined. Your lawyer will be able to give you a list of all your current and future economic losses and also seek experts who can place a dollar value on these losses for the purpose of formulating your compensation.