Damages Calculations

Damages calculations refer to the process of determining the monetary compensation owed to a party in a legal dispute, usually due to harm or loss caused by another party's actions. This involves assessing various factors, such as medical expenses, lost wages, property damage, and emotional distress. There are generally two types: compensatory damages, which cover actual losses, and punitive damages, which punish the wrongdoer for particularly harmful behavior. The goal is to restore the injured party to their financial position as if the harm had not occurred.