A tool designed to estimate potential compensation for injuries sustained in slip and fall accidents typically considers factors such as medical expenses, lost wages, and pain and suffering. For example, it might weigh the cost of surgery and physical therapy alongside the income lost due to time off work, and factor in a monetary value for the emotional distress experienced. These tools often use algorithms based on average settlement amounts for similar cases.
Providing preliminary estimates of potential compensation can be invaluable for individuals navigating the aftermath of such accidents. This information empowers individuals to understand the potential value of their claim, facilitating informed decisions about legal representation and settlement negotiations. While the use of such tools is relatively recent, the principles behind them reflect longstanding legal practices of assessing damages based on quantifiable losses and subjective experiences of pain and suffering.