| The trial would determine 2 things -- FAULT -- and DAMAGES. If the other side was not at fault, then they win and you get nothing. (Depending on your state, to the extent you or your wife was partially at fault that may reduce damages or in a few states eliminate a chance at victory too.)
Then the question arises as to damages. That includes out of pocket damages, present and future -- such as loss of income, medical bills, rehab, needed care, etc. -- that part is often pretty straight forward.
Then there is the payment for loss of function (if she can never walk again, that's different than if there is a full recovery), scars, and other permanent effects, and finanlly what the jury would award for pain and suffering -- the most subjective.
I feel sorry for you , but I can not guess what a local court is likely to award. That really depends not only on the facts and your ability to prove them, but on the practices and customs in the state and county in which you live -- some counties even in the same states historically award low verdicts, some high.
Your lawyer is in the best position to estimate a range for you. And as s/he is getting a share --- probably 25-40% net of expenses -- he/she is motivated to get a good settlement, or take it to trial, given the risks. Among the risks is that the jury may not believe your/her story, they may not like you, they may feel you are at fault, or are exaggerating the nature and extent of the injury , or feel sorry for the other driver or his family, they may feel sorry for the driver's boss or the city and fear it will hurt them to give you a lot, raise their taxes, etc.
And even if you get a huge judgment they may appeal, and it can take years to collect. Also, they may be unable to pay it. So often a settlement is very wise, BUT it is a question of price. If your layer feels a trial is 80% liklely to produce an award of $500,000 to $700,000 and they offer you $100,000 go to trial.
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