Regardless of whether you suffer an injury as minor as a concussion or as major as a broken bone after your personal injury accident, you will likely have to take time off from work for a certain period. With this, you may experience lost wages that can take a financial toll on you and your family. Read on to discover how you can recover your lost wages and how a seasoned Fayetteville, Arkansas personal injury lawyer at the Knapp Law Firm can help you in doing so.
How do I recover lost wages?
In short, you may receive financial compensation for your lost wages by filing a personal injury claim. You will have to successfully prove that your time off from work is in direct correlation to the carelessness of the other party involved in your accident.
You can prove this by providing the Arkansas court with a doctor’s note that states the seriousness of your injuries and the limitations that come with it. You can also have your employer offer a statement regarding your absence from work and how your injuries would inhibit you from carrying out your job functions.
How are lost wages calculated?
In addition to providing a doctor’s note and an employer statement, you should also supply your past pay stubs, income tax returns, and social security earning statements. These documents will help the Arkansas court compute how much financial compensation you are entitled to.
Typically, the Arkansas court will calculate the wages you earn per hour, week, month, or year and multiply it by the number of hours, weeks, months, or years you missed work due to your injuries, respectively. They may also take into account your expected loss of future wages.
What other economic damages can I recover in a personal injury claim?
Notably, lost wages are not the only damage you can claim in your personal injury lawsuit. There are many more monetary losses, otherwise known as economic damages, that you may have incurred after your accident. Examples of such are as follows:
- Your past and future medical expenses:
- The cost of ambulance trips.
- The cost of hospital visits.
- The cost of required surgeries.
- The cost of required prescriptions.
- The cost of required rehabilitation therapies.
- The cost of medical aids and devices.
- Your past and future domestic service expenses:
- The cost of babysitters.
- The cost of family chauffeurs.
- The cost of home health aids.
- Your repair or replacement of property:
- The cost of automobile damages.
- The cost of real estate damages.
For more information on how to maximize your payout in your personal injury claim, you must reach out to a competent Fayetteville, Arkansas personal injury lawyer. We look forward to serving you.
