What Is A Personal Injury Settlement?

BusinessLegal

  • Author Susan Slobac
  • Published January 6, 2011
  • Word count 499

Every day, thousands of Americans go through the nightmare of experiencing a personal injury. No matter if the damage is physical, emotional, or even financial, personal injuries are often traumatic events for the victim, and have the potential to permanently affect the lives of those involved.

Personal injuries can occur in a multitude of situations, at any moment in our existence. Probably the most common and most notorious sources of personal injury are traffic-related accidents. They occur each day and what’s more troubling, they happen with an ever-increasing frequency. Nevertheless, the list of possible circumstances which can lead to personal injuries goes on and on: Someone slips on an icy sidewalk, a client suffers a concussion while falling from an ill-maintained vehicle, a worker fails to spot a defective device which leads to an accident for the operator, or a nurse administers the wrong medication to a patient. What all these situations have in common is that the responsibility of the injury is held by a specific party – the driver that caused the accident or the nurse who negligently misread the patient’s chart.

In these cases, the victim who suffers the injury is entitled to pursue justice from the person or the entity that is responsible for the accident. As an example, a person in Colorado who suffered a head trauma from a car accident caused by a negligent driver can enlist the services of a Denver injury lawyer and begin pursuing the wrongdoer in justice. In many cases this person or entity will try to obtain a personal injury settlement with the victim, which involves paying a certain amount of money to the victim, as a compensation for the suffering. In other words, a personal injury settlement is the agreement between two parties, made in order to avoid bringing the personal injury case in the front of a civil court.

In our example, the personal injury Denver based counselor who represents the victim will be contacted by the counselors of the negligent driver in order to settle the case. Keep in mind that the personal injury suffered can be not only be physical, but also emotional or psychological in nature. The Denver injury lawyer will consult with the client and negotiate with the culprit a certain amount. This amount will cover any financial loss suffered by the victim, such as the cost of hospitalization and other medical expenditures, and the amounts of money lost due to the fact that the victim from Denver was unable to obtain an income due to the suffering.

Many personal injury cases can become quite complicated. Expanding on our case, the victim may ask his or her injury lawyer from Denver to pursue more than one entity in the case, for example, if the traffic accidents happened as a result of the negligence of more than one driver. In such cases, the services of the Denver injury lawyer are essential to the success of any legal action against the guilty party.

Susan Slobac is a consultant in personal injury. Susan writes about trends in Denver injury lawyer.

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