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Understanding the Difference Between Economic and Non-Economic Damages in Injury Cases

Understanding the Difference Between Economic and Non-Economic Damages in Injury CasesWhen you or a loved one suffers an injury due to another's negligence, understanding the nuances of compensation can be pivotal. At MANEY | GORDON Trial Lawyers, a cornerstone of our commitment to justice in Tampa and across Florida is clarifying these complex legal matters. This guide will explore the crucial distinctions between economic and non-economic damages in injury cases, providing you with the essential knowledge to navigate your claims effectively.

What are Economic Damages?

Economic damages refer to the quantifiable monetary losses stemming from an injury. These typically include medical expenses, lost wages, future lost income, and property damage. When representing our clients at MANEY | GORDON Trial Lawyers, we meticulously document all related expenses to ensure comprehensive compensation is pursued. This thorough approach supports the recovery of all potential losses, reflecting our dedication to securing your financial stability after an accident.

Exploring Non-Economic Damages

Unlike economic damages, non-economic damages cover losses that are not easily quantifiable. These include pain and suffering, emotional distress, loss of enjoyment of life, and loss of consortium. As seasoned trial lawyers, MANEY | GORDON Trial Lawyers understands the profound impact these damages can have on your life. We are committed to advocating for a valuation that truly reflects the personal hardships you endure, ensuring that justice is not only served but felt.

The Statute of Limitations in Florida

In Florida, injury victims must be aware of the statute of limitations, which typically requires that a lawsuit be filed within two years from the date of the accident. However, this period can vary based on specific circumstances, making timely legal consultation essential. MANEY | GORDON Trial Lawyers offers expert guidance in these matters, helping you navigate the legal landscape of Florida’s compensation claims efficiently and effectively.

Economic vs. Non-Economic Damages: Why Knowing the Difference Matters

Knowing the difference between economic and non-economic damages can significantly influence the outcome of your injury claim. This knowledge ensures you are fully prepared to discuss your case with precision and understanding. As an experienced lawyer for injury cases, we equip you with this critical information, empowering you to make informed decisions throughout the legal process.

How MANEY | GORDON Trial Lawyers Stands Out

At MANEY | GORDON Trial Lawyers, our expertise is not just in securing compensation, but in how we handle our cases. With several of our attorneys recognized as Best Lawyers® Award recipients and a track record of recovering hundreds of millions in compensation for our clients, our firm’s credentials speak volumes about our commitment to excellence and client success.

While based in Tampa, MANEY | GORDON Trial Lawyers proudly serves clients across numerous locations including Clearwater, St. Petersburg, Palm Harbor, and Carrollwood. Our reach across Florida enables us to offer top-notch legal assistance to a broad spectrum of clients, ensuring that expert legal aid is never too far away.

If you’re navigating the aftermath of an injury and need clarity between economic and non-economic damages, consult with MANEY | GORDON Trial Lawyers. Our expertise and client-focused approach ensure that your case is handled with the utmost care and professionalism. Contact us today to schedule a free consultation and take the first step towards securing the compensation you deserve.

  • I referred a very difficult premises liability case to Mr. Gordon, after another prominent plaintiff's lawyer turned it down. Over an extended period of time he successfully appealed an unfavorable ruling and obtained a very favorable settlement for the client.

    Scott Tozian

    Smith, Tozian, Daniel & Davis, P.A.

  • The law firm of MANEY | GORDON Trial Lawyers are true advocates for their clients as well as ethical, honest and very skilled. I only have positive experiences as to their caliber of professionalism.

    Mark Mclaughlin

    Beytin, McLaughlin, McLaughlin, O'Hara & Bocchino, P.A.

  • Jack of MANEY | GORDON Trial Lawyers is an incredibly talented attorney who I have so much respect for. He’s brilliant and hard working. His successful record speaks for itself. I recommend him to everyone looking for a great attorney to win their case!

    Natalie Khawam

    Whistleblower Law Firm, LLP

  • For a personal injury lawyer, Jack Gordon knows more about the medicine than most doctors. He'll be my lawyer if I ever get hurt because of someone else's negligence.

    Matt Jowanna

    Law Offices of Matthew J. Jowanna, P.A.

  • MANEY | GORDON Trial Lawyers are my go-to for the hardest cases. They win cases others wouldn't even try handling.

    Todd Aidman

    Ford Harrison LLP

  • MANEY | GORDON Trial Lawyers is absolutely top-notch. They are the absolute best at what they do.

    Matt Jowanna

    Law Offices of Matthew J. Jowanna, P.A.

  • Any person who is injured through the medical malpractice of doctors or hospitals would have the best representation if they hire attorney Jack Gordon and his law firm.

    Vera Brooks

    Brooks & Brooks

  • All medical malpractice...cases are referred to MANEY | GORDON Trial Lawyers and they always do a great job for my clients.

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    Stamatakis + Thalji + Bonanno

  • Jack Gordon at MANEY | GORDON Trial Lawyers is amazing! He is very personable, knowledgeable, helpful and professional. I highly recommend him and his firm.

    Lara LaVoie

    LaVoie & Kaizer, P.A.

  • Jack Gordon, at MANEY | GORDON Trail Lawyers, is extremely competent. I have referred several cases to Jack in the past and I have never been disappointed. I endorse Jack wholeheartedly!

    Tim Prugh

    Prugh & Associations, P.A.

maney | gordon trial lawyers is a national law firm headquartered in tampa, florida, with offices throught the united states.
Downtown Tampa Office: 101 E. Kennedy Blvd., Suite 1700, Tampa, FL 33602
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