What are “Non-Economic Damages” Worth? When it comes to damages in a lawsuit, maybe they should be called objective vs. subjective – or quantitative vs. qualitative – but the legal terms of art are economic and non-economic. Economic damages are purely financial. They are documented by medical bills, paychecks, damage/repair estimates, and invoices for professional and paraprofessional services. As a result, economic damages are fairly simple to prove. Non-economic damages are colloquially known as pain and suffering. They include emotional distress, mental anguish, depression, and loss of capacity for enjoyment of life. All of these are more difficult to measure […]
