Personal injury law in Nevada allows the injured party to seek two types of damages. Economic damages are monetary losses, whereas non-economic damages refer to pain and suffering, a more ambiguous concept that can be difficult to calculate. At Goldberg Law Firm, we’re a trusted choice for those seeking a personal injury attorney in Las Vegas, NV. Below, we’ll discuss the methods for determining non-economic damages in Nevada injury cases.
Pain and Suffering: Understanding Non-Economic Damages in NV
Economic damages are measurable financial losses resulting from an injury. In contrast, non-economic damages, or pain and suffering, are subjective. They refer to losses that aren’t tangible, such as the physical, emotional, and psychological pain that occurred as a direct result of the injury. Examples include:
- Pain and suffering
- Inconvenience
- Depression
- Anxiety
- Diminished quality of life
- Inconvenience
- Physical impairment
- Disfigurement
- Insomnia
How Nevada Calculates Pain and Suffering in a Personal Injury Case
How can you determine a monetary value for losses that are subjective and, therefore, not easily measurable? In Nevada, there are two methods for damage calculations in personal injury cases: the multiplier method and the per diem method. These formulas provide the groundwork, however, the specific factors used can vary widely.
Multiplier Method
The basis of the multiplier method is the equation A x B = C. Variable ‘A’ is the amount of economic damages, which is then multiplied by a numerical factor between 1.5 and 5 to calculate the final dollar amount of pain and suffering damages. The value of the ‘B’ multiplier depends on aspects such as injury severity, pain duration, and the strength of the case. Here’s an example: $20,000 (A) x 2.5 (B) = $50,000 (C) for pain and suffering damages.
Per Diem Method
The per diem method gives a dollar value for each day of pain and suffering the injured person experienced. That dollar amount is then multiplied by the total number of days the person suffered, beginning with the date of the injury and ending when a full recovery is achieved.
Don’t Wait to Contact a Personal Injury Attorney in Las Vegas, NV
The legal process in Nevada for personal injury claims consists of far more than just calculating damages. Fortunately, you can rely on the skills of an experienced personal injury lawyer to ensure you build the strongest case possible. They’ll help you fight for maximum compensation on your behalf, protecting your case from undervaluation or lowball settlement offers.
Your attorney will also investigate your case and gather all the necessary evidence to pursue your claim. While you focus on healing and recovery, your lawyer will be working hard to collect pertinent evidence, like medical records, witness statements, and treatment plans. They can also help you properly document the non-economic losses and suffering your injury has caused, ensuring those damages are calculated as accurately as possible.
At Goldberg Law Firm, we have a proven track record of successful personal injury claims for our clients. Whether you need an initial case consultation or want to learn more about how Nevada calculates damages in personal injury claims, we’ve got you covered. Call Goldberg Law Firm in Las Vegas, NV, now at (702) 329-1550 to schedule a free consultation with our team.
Reviewed by Katie Goldberg, founding attorney at Goldberg Injury Law.
Goldberg Injury Law
Downtown Address:
6010 S Rainbow Blvd Suite A1,
Las Vegas, NV 89118
Phone: 702-382-9797
Fax: 702-920-8670
