In a personal injury case, conveying your damages during a deposition can be a challenging task. Join Andrew Iacobelli of Iacobelli Law Firm as he shares key strategies for explaining your damages during a deposition in a personal injury case. Learn how defense lawyers, insurance companies, judges and juries evaluate your case's worth.
Understand the significance of detailing life changes before and after the accident, including your health, employment, and household responsibilities. Andrew will also discuss the differences between economic and noneconomic losses, and the importance of your testimony and evidence in substantiating your claims. We hope this video will offer you insights to help you prepare effectively and maximize your case's value.
00:00 Introduction to Explaining Damages at a Deposition
00:32 What are Damages in a Personal Injury Claim
00:42 Understanding PreAccident Life
01:27 How Insurance Companies Evaluate Life Changes After an Accident
02:24 Assessing PostAccident Changes
03:47 Explaining How Your Life Has Changed Since The Accident
04:52 Personal Testimony and Other Evidence in a Damages Deposition
05:45 Economic vs. NonEconomic Losses
07:20 Examples and Case Valuation
08:36 Maximize the Value of Your Case by Consulting with a Lawyer
09:31 Have Questions? Contact Us Today!
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https://www.iacobellilaw.com (Ontario, Canada)
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In today’s episode, Andrew Iacobelli of Iacobelli Law Firm explores how to explain your damages at a deposition. Clients often struggle with this aspect, yet it is crucial for defense lawyers, insurance companies, judges, and juries in evaluating the value of a case. "Damages" is the legal term for the monetary compensation you're seeking in a personal injury claim. It encompasses several factors that are used to determine the worth of your lawsuit.
The foundation of assessing damages lies in understanding who you or the injured person were before the accident. This baseline is key to quantifying the changes and losses experienced. Andrew will help you examine your preaccident life through what insurance companies value: your health, recreation, work capabilities, and household responsibilities. Insurance companies will analyze these areas to gauge how the accident has altered your life. The greater the difference between your preaccident and postaccident life, the higher the potential compensation. Civil litigation aims to restore you to your preaccident state as much as possible through financial compensation, as courts cannot restore health or job positions.
Damages are not all the same. Economic losses, such as income loss, are quantifiable, often requiring expert analysis to project future losses. Conversely, noneconomic losses like pain and suffering are less tangible and typically assessed by a jury.
With expert guidance, you can effectively illustrate the extent of your harms and losses, which is crucial for maximizing your case's value. If you have questions, we are available 24/7 to assist you. Feel free to call us or complete our contact form.
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This material is provided for informational use only, and is in no way intended to constitute legal advice. Nothing in this website is intended to be, and should not be construed as, legal advice or the formation of a lawyerclient relationship. You should not act on information contained in this podcast or video. If you have a legal question or issue, you should seek the advice of a lawyer. Past results are not necessarily indicative of future results and the amount recovered and other litigation outcomes will vary according to the facts in individual cases.