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Showing posts with label top lawsuits in the country. Show all posts
Showing posts with label top lawsuits in the country. Show all posts

Thursday, June 21, 2012

$77 Million Awarded in Birth Injury Lawsuit - HOW IS THAT POSSIBLE?

I am sure you have seen newspaper headlines that have read astronomical verdicts for medical malpractice cases in recent years.  $40 Million, 77 Million...even verdicts that exceed $100 Million.  This has led many of you to think "How is that possible?", "I'll get injured if it means I can get that kind of money", or "that's unfair.".     It's important to point out a few important facts and variables regarding these cases. 

First, anyone who is severely injured enough to warrant a high verdict would trade all the money to have their health back.   Ask any paraplegic what he would give to be able to walk again. 

Second, here is a sample breakdown of a recent birth injury verdict:
The jury in this case returned a huge verdict of $77 Million to be apportioned as follows:
  • $3 million for past pain and suffering
  • $6.1 million for future medical costs
  • $40 million for future cost of custodial and residential care
  • $3.1 million for future cost of rehabilitation
  • $20 million for future pain and suffering
  • $4.9 million for future lost earnings