Personal injury lawsuits come with a lot of technical legal jargon that can confuse the average person. One key concept that frequently comes up in these types of lawsuits is damages. Damages represent the monetary compensation that is awarded to a plaintiff who has suffered harm due to the actions or negligence of someone else. Different types of damages can be awarded depending on the case's circumstances.
1. Compensatory Damages
Compensatory damages are the most common damages awarded in personal injury lawsuits. These are monetary damages awarded to compensate the plaintiff for the losses they have suffered due to the injury. There are two categories of compensatory damages:
Economic Damages: These are damages that compensate the plaintiff for financial losses incurred due to the injury, such as medical bills, lost wages, and property damage.
Non-economic Damages: These damages compensate the plaintiff for non-financial losses such as pain and suffering, emotional distress, and loss of enjoyment of life.
2. Punitive Damages
Punitive damages, also known as exemplary damages, are awarded as punishment to the defendant for their reckless or intentional behavior. These damages are not meant to compensate the plaintiff but rather to send a message to the defendant and deter them from engaging in similar behavior.
3. Nominal Damages
Nominal damages are a small amount of money awarded to the plaintiff when the court recognizes that there has been a violation of their rights but that no actual harm or loss was suffered. These damages are often awarded in cases where the plaintiff's rights were violated, but no actual harm was caused.
4. Liquidated Damages
Liquidated damages are a specific type of damages that are specified in a contract in advance if a certain event occurs. These damages are predetermined and do not require proof of harm when a specific event occurs. For example, in a construction contract, there may be a provision for liquidated damages for delayed completion of the project.
Personal Injury Attorneys in Hattiesburg, MS
At Johnson, Ratliff & Waide, we specialize in personal injury cases and have a deep understanding of the legal complexities involved. Our experienced attorneys can guide you through the process, ensuring that you receive the compensation you deserve. Contact us today at (601) 202-8570 for a free consultation, and let us fight for your rights.