Document economic loss

Families can suffer a huge economic loss when a loved one dies due to an Ohio fatal accident. In order to prove the amount of that loss, our office hires an economist. Most economists are university professors who look at the decedent’s income level, the income they would have earned had they lived, prior tax returns, and other economic data to determine the value of the economic loss caused by the death.

In addition to having excellent academic credentials and real-world experience, an economist also must be a superb communicator with the jury.

If you or someone you know has lost a loved one to tragic circumstances, you need information. Order your FREE copy of The Ohio Wrongful Death Book to learn your rights. Our attorneys are available 24 hours a day, seven days a week, and we have six locations in northwest Ohio where we can meet with you – for free – to discuss your case.

We represent Ohio personal injury clients from Toledo, Maumee, Delta, Port Clinton, Bowling Green, McClure, Napoleon, Helena, Fremont, Fostoria, Tiffin, Cygnet, North Baltimore, Ottawa, Findlay, Carey, Bryan, Sandusky, Swanton, Perrysburg, Grand Rapids, Waterville, Liberty Center, Portage, West Millgrove, Woodville, Genoa, Gibsonburg, Findlay, Risingsun, Deshler, Hamler, Oregon, Sylvania, Delta, Weston, Oak Harbor, Port Clinton, Clyde, Lorain, Ottawa Hills, Rossford, Millbury, Walbridge, Holland, Northwood, and Whitehouse. We also serve those who live in Lucas, Wood, Seneca, Lorain, Fulton, Erie, Hancock, and Sandusky Counties.

The lawyer takes on considerable risk with this arrangement.  If the case has flaws that cause it to get dismissed before trial or the claims can’t be proven in court, the attorney doesn’t get paid. That’s why most  Ohio tragic acident attorneys will be careful about what cases they decide to take on. That’s good for everyone. The lawyer doesn’t want to waste time, energy, and money on a weak claim. And prospective clients don’t want to get their hopes up when there may not be a case.

In most situations, the attorney’s fee will be one-third of the gross settlement or jury award. In some situations, the attorney may set the contingent fee at 40 percent if the case has to go to trial to cover the additional time and expense required to take a case that far. In the event of a settlement or jury award, the case expenses are taken from the client’s portion of the recovery.

            When you meet with a lawyer, you will have to sign a contract that specifies how the attorney will be compensated and how the expenses will be paid. Make sure that the contingency fee arrangement is clearly spelled out. If you don’t feel comfortable with the contract, don’t sign it. If you have questions, make sure you get answers before you sign the document.

If you or someone you know has lost a loved one to tragic circumstances, you need information. Order your FREE copy of The Ohio Wrongful Death Book to learn your rights. Our attorneys are available 24 hours a day, seven days a week, and we have six locations in northwest Ohio where we can meet with you – for free – to discuss your case.

We represent Ohio personal injury clients from Toledo, Maumee, Delta, Port Clinton, Bowling Green, McClure, Napoleon, Helena, Fremont, Fostoria, Tiffin, Cygnet, North Baltimore, Ottawa, Findlay, Carey, Bryan, Sandusky, Swanton, Perrysburg, Grand Rapids, Waterville, Liberty Center, Portage, West Millgrove, Woodville, Genoa, Gibsonburg, Findlay, Risingsun, Deshler, Hamler, Oregon, Sylvania, Delta, Weston, Oak Harbor, Port Clinton, Clyde, Lorain, Ottawa Hills, Rossford, Millbury, Walbridge, Holland, Northwood, and Whitehouse. We also serve those who live in Lucas, Wood, Seneca, Lorain, Fulton, Erie, Hancock, and Sandusky Counties.