Lost Wages

Is there a formula used to determine my settlement?

It’s determined by loss of earnings and loss of earning capacity within the accident. So, say as a grocery store clerk you were earning $15 an hour, and you were working 40 hours a week, and so we can quantify that amount of damages (earnings). If, after the accident, you had to go on disability or Social Security Disability, you could determine the difference between the earnings before the accident and subtract it from the Social Security Disability benefits. In that case, the difference would be the loss of day-to-day earnings from the date of the accident. It is generally awarded as a lump sum at the time of trial, discounted back to the present time.

Attorney Patrick Leverty

Attorney Patrick LevertyWith his master’s in insurance law, Patrick routinely helps individuals and businesses who are having issues with their insurance company. He also has extensive experience with personal injury actions, complex tort actions, product liability matters, and class actions. Patrick Leverty is rated AV by Martindale Hubbell (the highest rating) and has been granted membership in the Million Dollar Advocate Forum, and Multi-Million Dollar Advocate Forum. Patrick Leverty has been certified as a Personal Injury Specialist by the State Bar of Nevada. [ Attorney Bio ]