“Ask Adam” is our new blog feature in which I respond to some common legal questions that often arise when people deal with a serious car accident or other legal matter. Today’s “Ask Adam” question is the most common of all:
“How much is my case worth?”
Understandably, this is often the first question people have when they meet with me to discuss their car accident. After all, most of my clients are experiencing physical pain, emotional trauma, and practical difficulties of daily life while they recover from an accident. This question is also among the most difficult to answer, requiring significant experience and investigation. That’s why, even with my experience handling Kentucky, Tennessee, and Illinois car accident cases and my access to numerous resources to assist in valuing car accident injury cases, I cannot and will not give a complete answer to the value question at the outset of a case.
There are simply too many factors, too many variables, too many unknowns at the beginning of a case for an accurate value to be determined. For example:
- How much will your medical treatment ultimately cost?
- Who is the insurance company or lawyer on the other side?
- What will the police report say about the accident?
- Will any of your injuries be permanent?
- Will your injuries prevent you from working long-term?
- How much property damage occurred?
- Where there any aggravating factors (e.g. alcohol use, texting, unlicensed driver)?
- What are the responsible party’s insurance limits?
These are just a few of the many factors that go into building our valuation model for each case. Doing so is a serious, fact-intensive job that should never be short-changed. If you meet with any attorney who is willing to give you a case value over the phone or in your first meeting, it’s time to seek a second opinion from an experienced car accident attorney.
At the Law Office of Adam Futrell, only after adequate time has passed for us to assess all of the factors listed above, each client receives a custom valuation model that shows a realistic range of appropriate settlement values. Then, after personal consultation, my clients and I agree on a strategy to obtain the very best outcome possible. This is how it should be done, and anything less will lead to you getting less than you deserve.