how to calculate special damages

To calculate your damages, you must be able to document the terms of the contract, what went wrong in the contract, and how you lost time or money because of the problem. Damages and The Multiplier. After you enter your numbers and click "Calculate," the two dollar figures you see above the "Your Total Settlement Estimate" field represent the two main types of damages that arise in the majority of injury cases: economic losses (called “special” damages) and non-economic losses (called “general” damages). In other words, figure out how much would it cost you if you had to replace the items that you lost, in the same condition that they were in at the time of your loss. It takes into consideration all of the expenses you were forced to incur as a direct result of the accident. Before you start calculating your damages, it's important to remember that pain and suffering damages must be supported by evidence. Special damages are typically easy to calculate. So, your total estimate of damages, including pain and suffering, would be: $10,000 (special damages) x 5.0 (multiplier) = $50,000. Since these types of economic damages can be easily calculated (i.e exact amount of medical bills or exactly how much time missed from work multiplied by wage), they are often the easier to obtain damages. Unlike general damages, calculating special damages is much more straightforward because it is based on actual expenses. This will provide a starting point when calculating the compensatory damages that you are entitled to. These damages are intended to return the plaintiff to the position that he or she was at before the slander occurred so that he or is she is basically in the same situation as he or she would have been not having been wronged. Decide what the fair market value is for the items that you have lost. If you have been involved in an accident and have a personal … If a personal injury claim was always as simple as only having special damages, things would be more clear cut. 3. 2. Calculating Damages: The Difference between Special and General Damages At McMullin Legal Group, we help our clients get the maximum compensation available to them after an accident. Actual or Special Damages Actual or special damages are compensatory damages. Punitive damages usually accompany general and special damages. These include costs to repair or replace damaged property, lost wages, sick or vacation time you used during your recovery, and any other out-of-pocket expenses you incurred because of the injury. Punitive damages are normally used as punishment against companies or individuals who are proven to be at fault for an incident of extreme negligence. Punitive Damages. How to Calculate Pain and Suffering Damages. Evidence of Pain and Suffering. 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