Obviously, someone that has been injured in an accident deserves compensation for the money that he or she would have received in the form of a paycheck. Still, some of the money owed to that accident victim could get overlooked. Lawyers help their clients to obtain the funds that might have been overlooked.
Details on the funds that get exposed by lawyers
The client should be reimbursed for time missed at work. The amount of that reimbursement is not affected by the nature of the client’s injuries. The value of that reimbursement must be added to the product obtained by multiplying the client’s medical expenses and a chosen multiplier.
Personal Injury Lawyer in St Thomas help their clients to retrieve the value of their lost sick leave, or their vacation pay. Even if an employee had been promised sick leave, an accident could force that same employee to use the available hours.
Facts’ claimants must show, when seeking reimbursement for lost income
• The number of hours that the claimant was unable to be present and performing his or her assigned duties
• The amount of money that a lawyer’s injured client could have made, during the time that he or she spent recovering at home, or in the hospital.
• The monetary value of any lost opportunities, such as the inability to attend a conference or a scheduled workshop.
• The claimant’s position in the company at the time of the accident
• Personal injury lawyers must obtain the above information from a given client’s boss.
Claimants that are self-employed must come forward with additional information, such as the following:
• The extent of the drop in billing, as result of recovery time
• A calendar of the appointments that had to be canceled, while the injured victim/claimant recovered.
• A listing of the meetings or conferences that the self-employed claimant could not attend
• Copies of those parts of the accountant’s book that pertain to the period when the treatment and recovery were taking place
• Copies of the client’s income tax form: One copy from a previous year and one copy from the year of the recovery.
Self-employed claimants should know that the information of greatest interest to the defendant’s insurance company might not be the item at the top of the above list. Insurance companies often seek more than one piece of evidence, regarding the amount of money that was lost by someone that had been injured by one of the company’s policyholders.
Lawyers could prove helpful to those injured accident victims that had to present a defendant’s insurance company with proof of lost income. That would certainly be the case, if any of the lawyer’s clients had relied on the income from their own business.