What are pecuniary and non-pecuniary losses?

You can’t speak about a personal injury law case without speaking of pecuniary and non-pecuniary losses. These two terms are in fact directly correlated with the term compensation. If you hire a personal injury lawyer for your case and your case is indeed won, the amount of money you will receive for compensation of your injuries will depend on a large number of factors. There are however two main factors, which are types of losses measured in order to determine the appropriate compensation: pecuniary losses and non-pecuniary losses. A pecuniary loss is a loss that can be measured in numbers, … Continue reading What are pecuniary and non-pecuniary losses?