Is your slip and fall lawsuit worth millions? It could be. Learn what factors affect how much money you can collect for your injuries.
$18 million. That’s the largest slip-and-fall claim we could find.
30-year-old Marcus Gustafsson fell 20 feet through an open manhole in 2004. The defendant, energy company Trigen-Philadelphia, claimed someone illegally removed the 250-pound manhole cover.
Gustafsson suffered a broken back and other serious injuries and would not be able to return to medical school, ending his career. He was actually originally awarded $85 million by the jury, but he and Trigen-Philadelphia agreed to cap the damages.
Yes, you can win $10 million or more for your injuries. But only if it’s reasonable, given what happened to you.
You’ll hear sensational stories on the news media about injury victims who seek outrageous dollar amounts. But, they typically end up with much less, which the news media doesn’t report (because it doesn’t get as much attention).
How much could you win?
Financial damages get awarded in slip-and-fall claims based on these criteria:
Your Present and Future Medical Bills
Assuming the defendant is in fact responsible for your injuries, you’ll be compensated for reasonable present and future medical bills related to your injury. If you have soft tissue injuries, for example, clinic records may indicate some future maintenance visits will be required. If you sustain catastrophic injuries, however, a certified life care planner will likely need to be retained to establish future medical costs.
Lost Earning Capacity
That medical student mentioned earlier lost his ability to have any kind of career. We don’t know the actual amount he was compensated for lost earning capacity, but it was likely above $1 million, and possibly upwards of $3 million.
You will get compensation for your lost ability to earn an income.
Lost wages are slightly different than lost earning capacity. This compensates you for time you actually miss at work because of your injuries and do not get paid for.
Lost earning capacity refers to your ability to earn a future income. If you’re on track to become the next company CEO, for example, you’ll likely get compensated more versus someone likely not to progress past mid-management.
Pain and Suffering
This is the least predictable of all amounts you can be awarded. It’s an unclear area, and it’s easy to debate.
Typically, jurors use economic damages as a sort of “starting point” when considering non-economic damages such as pain and suffering, mental anguish, and physical impairment.
If you will walk with a limp the rest of your life because of your slip-and-fall, you may get awarded 5 times the value of your medical bills as compensation. However, if you’ll be fine in a month, that number may be .5 times your medical costs or less.
Attorneys and insurance adjusters debate these numbers, and they’re impossible to predict. So, just take these as examples and not a hard-and-fast rule.
This article and damages calculator can give you a ballpark idea of how much pain and suffering you could collect.
Loss of Consortium (Ability to Have a Relationship with Family Members)
One example of this involves a man who fell off improperly constructed scaffolding. In addition to many fractured and broken bones, he became impotent. He was able to collect financial damages for his lost ability to have a sexual relationship with his wife.
Typically, loss of consortium does not come with a large award amount. But in rare cases, it can.
Avvo has a helpful Q&A where regular people ask lawyers for advice on loss of consortium.
The Skill of Your Attorney
Legally speaking, no law exists that factors the skill of your attorney towards the final amounts you can win.
But let’s be honest: some attorneys are better than others. And in some cases, like those firms you see advertising heavily on TV, they often ram you through the process as fast as possible to maximize their own profit. Your case may not get the individual attention it deserves for you to maximize your compensation.
That’s why it’s important to pick an attorney (You’re the boss. You choose who to hire!) you 100% trust to have your best interests in mind.
You have no obligation to hire the first attorney you talk to, regardless of how much pressure you might experience. High-integrity injury attorneys don’t put you under pressure to make an immediate decision.