Mississippi Slip Fall Formula
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FAQ
To determine a potential settlement value, they first combine the total of medical expenses to date, projected future medical expenses, lost wages to date and projected future lost income. The resulting sum is then multiplied by the pain and suffering multiplier value to produce a projected settlement amount.
Under the multiplier method, a court calculates pain and suffering damages by multiplying economic damages (medical bills, lost wages, etc.) by a number between one and five to arrive at pain and suffering damages. The value of the multiplier depends on the degree of your pain and suffering.
The largest settlement ever awarded in a slip and fall lawsuit was over 20 million dollars. This amount was awarded to the plaintiff, an elderly woman who suffered severe injuries after slipping on a wet tile floor in a hotel lobby.
You can start a compensation claim for a slip, trip or fall if you've been injured in an accident that wasn't your fault, and you can prove that someone else's negligence caused the accident. There is no set amount of compensation for an injury caused by a slip, trip or fall.
It's not possible to predict precisely how much compensation you will receive for your claim. It's common for people to think certain injuries automatically attract a specific amount, but when you make a claim your personal suffering, pain, recovery time and any financial impact are all taken into account.