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Lost Earnings

Lost Earnings Attorney in San Luis Obispo, CA

Even if you recover fully from your injuries after an accident, it is doubtful that you will be able to go back to work soon. Most accident survivors miss work as they recuperate because they are unable to fulfill their job’s responsibilities. This time away from work may have serious consequences for the victims’ present and future. As a result, under California law, victims may be compensated for the lost wages they would have earned if allowed to work. You will need the help of a lost earnings attorney. Consult with our San Luis Obispo personal injury attorneys to know if you’re eligible for lost income recovery in California.

It is easy to ignore and misunderstand the concept of lost earnings when discussing the kinds of damages available. To get the compensation they deserve, accident victims must know their lost earnings and how that affects their payment. Get to understand lost earnings in personal injury cases with the help of this comprehensive guide.

  • What is a Lost Earnings Lawsuit?
  • What Does a Lost Earnings Attorney Do?
  • What Common Injuries Can Make Me Miss Work?
  • What Is the Best Way to Prove My Lost Earnings?
  • How Do I Calculate Lost Earnings?
  • What Types of Damage Can I Recover?

What is a Lost Earnings Lawsuit?

A lost earnings lawsuit is an action brought to court against someone who caused the harm suffered by the injured party. For example, if you were involved in a car crash or motorcycle accident in which your car or motorcycle was totaled, you could hire a lost earnings attorney to help you seek compensation for your losses. This could include medical bills, income loss due to missed workdays, and possibly lost future earnings. 

In some states, lost earnings are an awardable element of any personal injury case. Other times, lost earnings are an issue in a wrongful death suit. Another type of personal injury attorney is medical malpractice attorney. They are specialists in helping people who have been harmed by the actions or negligence of health care providers.

What Does a Lost Earnings Attorney Do?

One of the most common types of personal injury attorneys is a lost earnings attorney. These attorneys help victims of personal injury or their families get a fair settlement for the pain and suffering they endured due to the accident. 

Lost earnings attorneys are often called in cases involving personal injury, workers’ compensation, or auto accidents. Our San Luis Obispo personal injury attorneys have experience dealing with all kinds of cases, including negligence and product liability.

Hire a lost earnings attorney who will fight for you and help you calculate your wages and lost earning capacity. The settlement amount is usually based on what an attorney can prove regarding the victim’s lost earning capacity. This is a significant aspect of the personal injury settlement process. To help with your lost income recovery, our San Luis Obispo lost earnings attorney can help. We will make sure that you’ll get the compensation that you deserve. 

What Common Injuries Can Make Me Miss Work?

Many types of accidents may cause you to lose your work, including:

For a variety of reasons, a sudden injury may force you to miss work. To begin with, if your accident requires hospitalization, you will be unable to work while in the hospital. The same is true for those who need surgery since surgical recuperation requires days, weeks, or months of rest. Even if surgery or hospitalization is not necessary, your treatment plan may prohibit you from working. Your doctor may advise you to remain at home and abstain from working for a while.

Consult with our lost earnings attorneys in San Luis Obispo to know how you can file for lost income recovery in California. We can help you get the compensation that is rightfully yours. 

How Do I Prove My Lost Earnings?

Proof from your employer is the best proof of missed earnings. By writing a letter or giving additional evidence for verification, they may simply justify what you have lost in earnings. To establish your lost earnings, your employer should provide the following facts in the letter.

  • Title 
  • Hired Date
  • A declaration indicating you were employed at the time of the event.
  • The number of hours per week that you usually work
  • Overtime pay and typical overtime hours
  • Overtime compensation is paid at a standard rate.
  • Missed days or hours of work
  • Perks that have been lost
  • Structure of bonuses
  • Pay stubs, bank accounts, and tax returns may all be used to show your lost earnings in addition to a letter from your company. 

The precise mix you will need is based on the nature of your lost earnings and the kind of claim you are making. Consult with our lost earnings attorneys in San Luis Obispo to know how you can file for lost income recovery in California. We can help you get the compensation that is rightfully yours. 

How Do I Calculate Lost Earnings?

Personal injury litigants in California are required to show the amount of earnings they say they have lost due to their injuries from an auto accident. When the injury lasts for a short time and is fixed in duration, the computation is quite simple to do. However, if the plaintiff was due for a raise or was being compensated based on performance, the evidence of a forensic accountant or occupational expert may be required.

A jury may also award prejudgment interest on any lost earnings, regardless of the nature of the loss. However, it is not obliged to do so.  Connect with our lost earnings attorneys in San Luis Obispo so we can help you calculate your lost earnings in California. We can help you get the compensation that is rightfully yours. 

What Types of Damage Can I Recover in California?

Economic Damages

Economic damages are designed to compensate a plaintiff for losses that may be easily quantified in monetary terms. Economic damages are determined by calculating the amount of out-of-pocket expenses an injured party has incurred or anticipates incurring due to their injury. Several instances of economic losses include the following:

Non-Economic Damages

Non-economic damages are primarily designed to compensate for subjective losses and may not always include out-of-pocket expenses. Compensation for non-economic losses may include the following:

Punitive Damages

Punitive damages are the third kind of damages that a California court may award. These are meant to be used as a deterrent and are only given when a defendant’s conduct is very egregious. Punitive damages are uncommon, accounting for just 5% of all judgments.  

Consult with our lost earnings attorneys in San Luis Obispo to know how you can file for lost income recovery in California. We can help you get the compensation that is rightfully yours. 

Talk to a San Luis Obispo Lost Earnings Attorney Today!

At 805 Law Group, our lost earnings attorneys will work tirelessly to ensure that you get the funds you need to pay your medical costs and replace lost earnings due to an accident. We do our best to ensure that you get every dollar you should receive under California law and that you are treated properly by insurance providers.

Consult with our lost earnings attorneys in San Luis Obispo today to know how you can file for lost income recovery in California and get the compensation that is rightfully yours.