Types of Economic Losses You Could Claim For

Suffering due to an accident that's someone else's fault can feel distressing. Your trauma may feel even worse when you suffer financial losses in the aftermath. Because of this, you may want to hire a lawyer to help you regain some of those losses. Economic loss comes in a few different formats, so you may want to learn more about them.

Reduced Working Hours

In the aftermath of an accident, it's normal to reduce your working hours. While you shouldn't exaggerate the symptoms you're experiencing for this purpose, you shouldn't downplay them either. Pushing through the pain can slow down your recovery and it may diminish any personal injury claim you bring forward. You may need to reduce your working hours so that you can cope with your recovery. Or, you might be forced to reduce them because you're no longer in a position to carry out certain duties. You'll need to work with your lawyer to get the right reports from your doctor and occupational health team.

Missed Working Hours

Some injuries require a lot of medical intervention afterwards. Because of this, you may need to attend medical appointments, including visits to your GP, physiotherapy, and counselling. Make sure you keep thorough records of all medical appointments. You may also need to demonstrate that it was necessary to attend those appointments during your regular working hours. With thorough records, you stand a better chance of being able to claim for the loss of earnings associated with each appointment you attend.

Changing Jobs

Some people find that they need to change their career entirely after an accident. This is more likely to happen when you work in a physically demanding job and find that you can no longer meet those demands. In some cases, this can mean taking a life-long wage cut. When leaving your former job, make sure you get as much evidence as you can to demonstrate that your resignation is necessary. That way, your legal team will have an easier time proving the need to take a wage cut.

Reduced Earning Potential

Accidents that are severe may reduce your earning potential for life. For example, you may find that you can no longer progress with certain training opportunities that would lead to promotion. In some cases, people find that they cannot work at all. While arguing for reduced earning potential is difficult, experienced personal injury lawyers can make a strong case. Just make sure you work closely with yours so that you can provide a convincing case to the court