The 5 Key Components of Valuing a Wrongful Termination Case

TLDRLearn the 5 main components that lawyers consider when valuing a wrongful termination case. Understand how lost wages, pain and suffering, attorney fees, punitive damages, and intangibles contribute to the overall value of a case.

Key insights

💰Lost wages play a significant role in valuing a wrongful termination case. Compensation for past and future earnings is crucial.

😢Pain and suffering damages are awarded to employees who suffer emotional distress as a result of being unlawfully terminated.

🗂️In many cases, attorney fees can be collected on top of economic and emotional distress damages, leading to additional compensation.

⚖️Punitive damages are awarded to punish the defendant for acting with malice, oppression, or fraud, but they can be challenging to predict and obtain.

🔒Intangible factors, such as the facts of the case and the temperament of the parties involved, can significantly impact the value of a case.

Q&A

How are lost wages calculated in a wrongful termination case?

Lost wages are calculated by considering the difference between what the employee was earning before the termination and what they are earning now. This includes past and future earnings.

What is considered pain and suffering in a wrongful termination case?

Pain and suffering refers to the emotional distress and psychological harm caused by the wrongful termination. It is awarded to compensate the employee for their suffering.

Can attorney fees be recovered in a wrongful termination case?

In some cases, attorney fees can be collected on top of economic and emotional distress damages. However, this depends on the specific laws governing the case.

How are punitive damages determined in a wrongful termination case?

Punitive damages are awarded by the jury to punish the defendant for acting with malice, oppression, or fraud. They are challenging to predict and obtain.

What are some intangible factors that can impact the value of a wrongful termination case?

Intangible factors include the facts of the case, insurance coverage, the credibility of the client, media coverage, the quality of the lawyer, and the temperament of the parties involved.

Timestamped Summary

00:01In this video, we discuss the 5 main components that go into valuing a wrongful termination case.

02:00Lost wages, including past and future earnings, are a crucial component in assessing the value of a case.

03:49Pain and suffering damages are awarded to compensate employees for emotional distress caused by the termination.

05:28Attorney fees can often be collected in addition to economic and emotional distress damages.

06:09Punitive damages are awarded to punish the defendant for acting with malice, oppression, or fraud.

09:31Intangible factors, such as the facts of the case and the temperament of the parties involved, can significantly impact the overall value of a case.