What is Loss of Earning Capacity?
When you are injured in an accident, you may miss out on a few days of work while you’re getting medical treatment. In that case, we would fight for lost wages in your personal injury claim, because you missed out on days of work when you could have earned money. Loss of earning capacity, however, is different.
Watch the video: 3 things you need for a lost wages claim
How Loss of Earning Capacity is Different from Lost Wages
Some accidents result in severe injuries that permanently impair the victim. This impairment could lead to chronic pain or disability making it impossible for a person to continue on the career path they were on. For instance, if a person who works as a manager received a traumatic brain injury, or TBI, they may struggle with cognitive disabilities and may not be able to perform their job or get any additional promotions that they would have been a candidate for before their injury. This is loss of earning capacity – when a person misses out on future earnings due to their injury.
Another example is if a professional athlete suffers a broken bone from their accident. The recovery and potential surgery required may bench the athlete for the season, or even for their career. In this case, they could claim loss of earning capacity in their injury claim because they are missing out on future opportunities to earn money in their career.
Call Carrollton Injury Law if You Have Been Injured in an Accident
We will fight for every bit of your injury claim to make sure you get the most money possible for your injuries. Not only that, but we will treat you like a friend throughout the whole process, constantly keeping you updated about the progress of your claim, and never leaving you “in the dark”. Call or text us at 972-450-9562 for a FREE injury claim evaluation, and we will show you how we put Personal back into Personal Injury Law.