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Calculation of Award

Calculation of Award

Workers’ compensation settlements must be approved by a workers’ compensation judge.

The award that you receive through workers’ compensation is calculated based upon a complex formula. The team at The Mark Law Firm is here to help you understand the calculation of your award.

In the state of New Jersey, a workers’ compensation claim is calculated based upon a schedule of permanency, which is outlined in the workers’ compensation statute. Your body part has a set value, and based upon that set value, you are entitled to a monetary award.

The calculation of the award is often complex, but it is expressly outlined within the schedule of disability. The Mark Law Firm offers free consultations and is here to help you understand how to calculate your award. Contact us online or call us at 908-460-8996 today for your free consultation.