As a maritime worker, suffering an injury on the job can have devastating consequences. Beyond the physical pain and emotional distress, injuries can impact your ability to work and earn a living. Lost wages and reduced future earning capacity are common outcomes, but you don’t have to face them alone.
In this article, we’ll explore the importance of seeking compensation for lost wages and future earning capacity in shipboard injury cases.
Understanding the Impact of Shipboard Injuries on Earning Potential
Shipboard injuries can range from mild to severe, but even minor injuries can have long-term consequences. For example, a back injury from heavy lifting may require ongoing medical treatment and physical therapy, limiting your ability to perform physically demanding tasks. Similarly, a head injury from an accident may result in cognitive impairments, affecting your ability to concentrate or memorize.
These injuries can lead to temporary or permanent disability, reducing your working hours or capacity. In some cases, maritime workers may need to transition to a new career, resulting in decreased earning potential.
(Reasons Workers Compensation Should Not Be Your Only Recourse when Injured on the Job)
Types of Damages Available
Maritime law recognizes two primary types of damages: economic and non-economic. Economic damages compensate for tangible losses, such as medical expenses, lost wages, and future medical care. Non-economic damages, on the other hand, address intangible losses, including pain and suffering, emotional distress, and loss of enjoyment of life.
Calculating Lost Wages and Future Earning Capacity
Calculating lost wages and future earning capacity requires careful consideration of several factors, including:
- Past earnings and employment history
- Current and future job prospects
- Education and training
- Industry standards and market rates
Experts may use various methods to calculate these damages, such as the multiplier method or discounted cash flow method. These methods take into account factors like inflation, future earnings, and the impact of the injury on your career.
The Role of Expert Testimony
Expert testimony plays a crucial role in proving lost wages and future earning capacity. Vocational rehabilitation specialists, economists, and medical professionals may provide testimony to establish:
- The severity of the injury and its impact on your career
- The likelihood of returning to your previous job or industry
- The potential for future earning capacity
- The need for ongoing medical treatment or rehabilitation
Seeking Compensation with the Help of a Chicago Maritime Attorney
Navigating maritime law and calculating lost wages and future earning capacity can be complex. A Chicago maritime attorney can help you:
Understand your rights and eligibility for damages
- Gather evidence and build a strong claim
- Negotiate with insurance companies and employers
- Represent you in court, if necessary
Conclusion
Shipboard injuries can have lasting impacts on your earning potential. Seeking compensation for lost wages and future earning capacity is crucial to securing your financial stability. With the right guidance and support, you can overcome the challenges posed by your injury and rebuild your life.
If you’re looking for an experienced Chicago personal injury lawyer to help navigate your personal injury claim, we will fight assiduously for your right to the compensation you deserve. Call Bizzieri Law Offices at 773.881.9000. The case evaluation is free, and we never charge a fee unless we recover damages for you.