All legal claims are the subject of what is called a “Statute of Limitations.” It is the time period which is set forth under Pennsylvania or the applicable jurisdiction which states when a lawsuit must be filed. If it is not filed within that time period, you may lose your legal rights and be unable to file a claim.

The most often cited example is a personal injury or negligence case. If you are involved in an automobile accident, the statute of limitations typically runs from the date of the accident or when you knew or should have known that the other driver’s conduct caused you damage or harm. In that situation, there is a two-year statute of limitations. In a breach of contract case, say for the purchase of a car, or the repair or improvement of some part of your home, the statute of limitations is four years.

Simply starting a business generally doesn’t require the assistance of an attorney. Somebody starting a business can begin doing business as a sole proprietor providing you have the necessary permits or approvals from the municipality where the business is located. If you want to do business under a name other than your own, you need to register that fictitious name with the state. This requires the completion of a form and paying a filing fee. Your income would be reported on your tax return and you can simply do business under your social security number. However, depending on the type of business, tax and other issues, especially liability, you may need to consider whether to form a business entity such as an LLC or a corporation.

The type of entity may also depend on whether you are going into business with anyone. There are companies out there such as Legal Zoom and other self-help sites that offer the service of forming a business entity. However, from an attorney’s standpoint, these are not recommended since they will typically charge a recurring fee and they don’t always complete the services correctly. Therefore, it is best to consult an attorney as well as an accountant, if you decide to form a separate entity. There are various documents that must be completed and filed and other things that you must do in order to comply with the law and tax authority requirements.

Since each case is different, there is no simple way or formula to determine an exact dollar amount. There are numerous factors that go into arriving at a potential value of a case for purposes of settlement of what a jury could expect to decide.

A number of things must be considered, including the nature and extent of the injury, the amount of treatment received, lost wages, medical expenses, property damage, pain and suffering, mental anguish, permanent or partial impairment or limitation of function and other losses. After that information is obtained and perhaps an expert opinion is obtained concerning what the injured party can expect in the future in terms of limitations, treatment, or expenses, other things have to be considered as well. This includes the extent to which the parties involved were at fault, for example, was it 100% the fault of the other driver? The believability of the parties involved and the other factual evidence concerning the injuries and the occurrence obtained from doctors and other witnesses.

Most often, cases are valued after obtaining and reviewing all of this information after careful consideration and consultation with the client. A demand is then made on the insurance company in an effort to settle the case. If the case cannot be settled, the matter is placed in a suit. While most cases settle before they go to verdict, sometimes a case must be tried and a jury decides how much to award.

Obviously, if you feel you have been injured, do not attempt to get out of your motor vehicle until emergency medical technicians or other medical professionals arrive. If you are injured or if your car is no longer operable because of damage, the police will be called, or should be called to prepare an accident investigation report. They will collect all the necessary information from the drivers involved, including their names, the owners of the vehicle and insurance. If it is not a reportable accident or there is simply minor property damage, you should still exchange driver’s license information, registration and insurance information with the driver of any vehicle involved in the accident. Be sure to check the license photo identification with the person involved or the person who was operating the vehicle as well as comparing names, registration and insurance information. Also, you should obtain identification information for any witnesses and obtain their contact information and a brief statement of what they observed. If you have a cell phone or camera, take pictures of the accident scene, damage to the vehicles or persons involved.

You should, if you feel you are injured, receive a full medical examination at the scene, the emergency room, or at some point after the accident. You should do this no matter how minor the injuries seem, as often times, you may feel unharmed at the time of the accident, but shortly thereafter discover your injuries are much more serious.

If the police have not already asked you to give a statement, they may at some point. But, you can only provide the information which you have knowledge. If you recall additional information after you have given the statement or the information to the police, you should contact them and provide that additional information or correct any inaccuracies in the information that you gave. In any event, you should write down as much as you can remember about the accident while it is still fresh in your mind.

Lastly, you should contact an attorney regardless of the extensiveness of the accident since the nature and extent of your injuries or damage to your vehicle may not be entirely known for quite some time.

Lastly, you should avoid giving a statement to the insurance company for the other driver until you have contacted me. I can then help you determine the extent of your injuries and the actual amount of money required to cover your medical expenses, lost wages, pain and suffering and other damages and pursue any claim against the responsible parties.