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What Are Future Losses in a Personal Injury Claim?

If you have been seriously injured in a car accident, you are naturally concerned about your current medical bills and your current inability to work. But what happens after your period of convalescence? Are you going to make a 100 percent recovery? If not, you may have future losses, which are an important part of your personal injury damages.

Future losses are meant to compensate an accident victim for economic losses due to the lingering effects of an injury. The two main categories are future lost income and future medical expenses. Naturally, no one can see into the future, so your attorney, who is trying to win you sufficient damages to cover your future expenses, must rely on forecasts from experts in several fields, including medicine, vocational rehabilitation, and economics.

Basically, your future lost income is the difference between what you could have earned if you had not been injured, and what you will probably earn now that you have been injured. However, an accurate forecast depends on many factors:

  • Your prognosis and timeline for maximum recovery
  • What a person of your age, education, skill and experience could have been expected to earn over the course of a normal career
  • The economic forecast for your industry as a whole, including opportunities for you to advance in your field and your industry
  • Your ability if not for the injury to have transitioned to higher-paying employment, in or outside of your current industry
  • A reasonable forecast of what you can be expected to earn now that you have been injured

Your future medical expenses are also speculative but depend upon many factors, including:

  • Whether your condition is likely to remain stable or deteriorate
  • The extent to which you will need medical care
  • The likely increase in the costs of the type of medical care you will require over the period you will require it
  • The percentage of the costs for which you will be responsible, versus costs Medicare will pay

Future losses require complex calculations, which require expert testimony to substantiate. Disputes over future losses often boil down to a battle of experts, as witnesses for the plaintiff and the defense try to convince a judge or jury that their numbers are more reasonably crunched.

If you’ve been injured in a car crash in Bergen County or anywhere in New Jersey, Seigel Law is ready to help you get the maximum damage award possible. Contact us online or call 201.444.4000 today for a free consultation and case evaluation.

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VERDICTS & SETTLEMENTS
  • $7,900,000

    Recovery on behalf of the 16-year-old girl injured by electrical malfunction

  • $8,000,000

    Jury verdict in a catastrophic injury case

  • $1,100,000

    Settlement for a fractured arm in Passaic County

  • $4,775,000

    Settlement for a woman in Bergen County injured in a trucking accident

Meet Our Attorneys


  • (61 Reviews)

    By Teresa R Perez - January, 2018

    I have had a great experience thus far. The personal injury process is stressful and they have been helpful and courteous in getting me the right referrals. I was injured while visiting NJ and live in another state, my case is not an easy one but they are working diligently to help. I appreciate the personalized attention and highly recommend this firm.

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  • (61 Reviews)

    By Miriam Smith-Leone - December, 2017

    The law office was great with my back and neck injury. They directed me to the right doctors and got me a huge settlement. Being a single mom, it help pay off all my debt and bills. Me and my kids can have a bill free christmas, with plenty of food and happiness, stress free. They are the best ever and I would highly recommend them to anyone rich or poor, who has been in an accident and need legal help...

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  • (61 Reviews)

    By L C - October, 2017

    After the misfortune of suffering an injury, I had the good fortune to choose Seigel Law to represent me. During my initial meeting with Jan Seigel, I found him to be extremely confident and reassuring---he totally put me at ease. I was represented by Mark Mc Bratney---an EXCELLENT attorney. He was supportive and professional through the entire process, and provided an excellent outcome for my case.

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  • (61 Reviews)

    By Liliana Paredes - October, 2017

    Honest, trustworthy and very straight forward. In unvarnished truth Jonas Siegel will tell you exactly where you stand and what direction you should go. Jonas has tenacity coupled with a degree of tenderness, but never losing site of the end goal, which is to protect, defend and have the best outcome for his clients. I defenetly recoment this law firm. Thanks for helping me out in my case.

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  • (61 Reviews)

    By Oren Goldshmidt - September, 2017

    I'd like to thank everyone at segal law for the amazing experience they provided me. From the moment I stepped in to the end of the case , segal and his team delivered exactly what they promised. I couldn't have received any better treatment from a law firm. Any concerns, questions or problems I had were addressed and dealt with accordingly...

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What we offer our clients


Knowledge

Personal injury and medical knowledge

Our knowledgeable team of personal injury lawyers includes a medical doctor who advises on complex medical topics

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One-on-one attorney attention

By maintaining a limited number of cases, our attorneys can provide personalized attention to each client we serve

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Results-oriented strategies

Our lawyers have won numerous high verdicts and settlements, many in the high six- and seven-figure range, for our injured clients

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Trial experience

Every trial attorney in our firm is a certified trial attorney by the New Jersey Supreme Court

Communication

Communication as a priority

We understand how important communication is to a successful attorney-client relationship, we return calls within 24 hours

Community

Community involvement

Our lawyers and staff are active in community outreach and community service programs

Testimonials
  • "The lawyers at Seigel Law know how to get you the results you want. Jan Seigel and His team returned every one of my phone calls, listened to me and worked with me to a desirable outcome. Seigel Law definitely goes above and beyond to protect the injured." - B.M.

  • "After my car accident, my life turned into a disaster. Dealing with everything became impossible. Jan Seigel and his people helped me with every aspect of my injuries and the insurance companies so I could focus on healing. They helped me through everything and they got me what I was due." - M.P.

  • "I found the personnel to be very efficient, and work very quickly. I'm happy that I was referred to this firm, because I found that I was very comfortable working with them." - F.V.

  • "Amazing. I have to say they were very supportive and were able to give me tons of information. I didn't feel rushed and felt they truly cared about my well-being. Their website is also extremely helpful and well setup." - T.D.

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