Injury Loss Personal Formula
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FAQ
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.
Calculating Loss of Earnings Compensation In order to calculate the figure, the Court will need to consider various factors such as your pre-accident income, the amount of time you have been unable to work, and any future loss of income that you are likely to experience.
Conventionally, a past loss of earnings claim is calculated by reference to a claimant's average earnings for the 13 weeks prior to the accident. The conventional approach may be inappropriate if a claimant's earnings fluctuated before the accident or if a promotion, bonus or pay rise was anticipated.
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 calculator will take you through 7 steps and ask for basic information about your injuries, earnings, time off work and medical expenses. Then based on that information it will give you an estimate of your compensation entitlements.