How are lost potential earnings calculated following a Mississippi maritime accident?

A: This question is one that we commonly hear. Your maritime company or its insurance company may have offered you a settlement. Chances are this settlement does not even come close to the actual value of your maritime accident case.

When you are seriously hurt offshore, your life may completely change. You might not be able to continue working in the same capacity, which is where lost potential earnings damages come into play. Lost potential earnings are designed to compensate you when your injury is so severe that you cannot return to your former job. You may not be able to work at all or you may be forced to take a lesser paying position.

Generally speaking, lost potential earnings is calculated by multiplying your wages by the number of years you may have been able to work on the job. This number is then adjusted for taxes that would be owed during that time period.

To learn more about how lost potential earnings are calculated or to get specific advice about your Mississippi maritime accident case, contact an experienced Jones Act attorney at the law offices of Vujasinovic & Beckcom by calling (877) 724-7800 or filling out our online form.

Be sure to order a free copy of Jones Act lawyer Brian Beckcom’s book, The Insider's Guide to Winning Your Maritime Injury Case.