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Articles Tagged with “car accident settlement”

Published on: April 18, 2014

Value of Your Maryland Auto Accident Case, Part 3: Economic Damages

Medical Bills (02-28-13).jpg Probably the most important factor in determining the value of your Maryland auto accident case is the amount and type of economic damages. Economic damages are, simply put, those things which can be calculated with mathematical precision. This is different from non-economic damages (which we’ll talk about next time), which have no universal method of calculation.

Common economic damages include:

medical bills
lost wages
property damage
cost of services
mileage

Published on: April 16, 2014

Value of Your Maryland Automobile Accident Case: Negligence and Liability

By Posner & Cord, LLC

Car Accident (2 people)(11-22-11).jpg Two major factors in deciding the value of any automobile accident case are liability and damages. Damages, which we’ll discuss in a later post, include things like medical bills, lost wages, pain, suffering and incapacity.

Liability is used (often incorrectly) by lawyers to refer to negligence. In some cases, lawyers might tell the judge or jury that they have conceded liability, which is taken to mean that the defendant admits to being negligent. Technically, if a driver is liable, he was negligent, and his negligence caused damages. However, in some cases, a driver may admit negligence, but argue that his negligence did not cause damages.

So, though lawyers sometimes use the terms liability and negligence interchangeably, we’ll use the correct term “negligence.” Negligence is simply a fancy way to describe fault. A negligent driver is one who caused the accident–it’s as simple as that.