The Insurance Company Says The Value of My Case Must be Reduced to Present Value.

Baltimore personal injury lawyers would probably agree this is a complicated subject, well beyond the scope of these volumes. However, the concept plays a significant role in intelligently valuing any serious automobile accident or personal injury case, and evaluating the reasonableness of any settlement. Assume an accident victim sustains a serious injury, and will require medical care of some sort, well into the future. Assume a physician opines that the amount will be 1,000 a year for 20 years. That's $20,000.

But, because wisely invested money grows over time, if a prudent investor, or an insurance company, invests just $7,537 today, in 20 years, that $7,537 will grow to $20,000.

Now, a Baltimore personal injury lawyers knows that does not take into account that every year, the injury victim is going to have to take out 1,000 for the medical care, or that the prudent investor is going to pay taxes or capital gains on the accumulations, but an understanding of the concept is vital in intelligently assessing the value of Baltimore automobile accident or personal injury case where there are long term medical costs, or any form of damage that is going to continue into the future. In fact, a jury may be specifically instructed that, when fashioning an award for future losses, they must reduce the amount the agree upon to an amount, that if invested prudently, would grow over time, into the full amount. I consult with anyone who has sustained a serious injury on a complimentary basis. If you have questions about a personal injury matter, feel free to contact me today. 410 591 2835. 



I personally find that criminal defense work, providing guidance and counsel to those accused of crimes and defending those individuals at trial, is some of the most meaningful and rewarding work that I do. I tend to think of a triable, winnable...

The Top 5 Reasons Why Workers Compensation Claims Are Denied.

It's been noted elsewhere in these Guides, that the workers' compensation law is supposed to be self-executing. What we see in practice is that is simply not the case. Injured workers are denied benefits by insurance companies each and...

The Top 5 Reasons Not To Post Legal Questions Online

Perhaps the single most important benefit of representation by a skilled attorney is that of confidentiality. Although there may be limited exceptions to the rule of confidentiality, a lawyer may not disclose communications had with the client. A...

Can I Switch Lawyers?

The answer is yes. Lawyers are no different in this respect than any other profession. If you were not happy with the work that an auto mechanic was doing on your car -you would find a different mechanic. If you were not happy with the work your...
Schedule a Complimentary Case Evaluation and Strategy Meeting:
* Indicates required questions
Name *
Email *
Phone # *
Case Type *
Describe Your Case *