New Mexico Injury Law
New Mexico Personal Injury
Personal Injury Damages
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New Mexico Personal Injury Lawyers
When a personal injury lawsuit in New Mexico is successful, the plaintiff will be awarded with accident compensation, which will attempt to place the victim in the place they were prior to the accident. New Mexico personal injury compensation amounts are decided on by a jury and vary from case to case. If a jury awards the plaintiff with an excessive or insufficient amount, a new trial or appeal may be filed to have the court review the award.
If you or a loved one has been injured, an experienced New Mexico personal injury lawyer can determine how much injury compensation you are owed. To speak with a personal injury attorney today, fill out our free case review form.
New Mexico personal injury damages can include two types of compensation—punitive damages and compensatory damages. Compensatory personal injury damages attempt to compensate the victim for financial, physical and emotional losses suffered as a result of the accident. This type of personal injury damage includes both monetary and non-monetary losses. Monetary losses include medical bills, lost wages and funeral expenses incurred as a result of the accident. Non-monetary losses are often difficult to calculate and can include pain and suffering and loss of the emotional and intangible elements of a marriage.
Punitive damages in New Mexico personal injury cases are awarded to punish the defendant and deter others from behaving similarly; they are not designed to compensate the injured party for their losses. Personal injury compensation awards will typically include punitive damages when the defendant’s actions were particularly outrageous. Punitive damages are not awarded in all personal injury claims and are usually not considered unless compensatory damages have been offered. To avoid extreme amounts of punitive damages, the courts will usually limit this award to less than ten times the amount of economic and non-economic damages.
Damages for personal injury victims in New Mexico are awarded through a trial verdict or informal settlement. Personal injury settlements are a negotiation between the involved parties where the plaintiff gives up their right to pursue any legal action in exchange for a set amount of money from the defendant. Settlement amounts for personal injury cases vary and depend on several factors including the severity of the injury and the amount of monetary losses suffered by the plaintiff.
Calculating personal injury damages can be difficult without the assistance of a skilled personal injury lawyer in New Mexico. If you would like to speak with an attorney about your personal injury compensation claim, fill out our free case review form today.