Law students need to understand the difference between expectation damages and consequential damages for a few important reasons:

1. What They Mean:

   • Expectation damages help the injured party get what they would have received if the contract was completed.
   • Consequential damages cover other losses that happen because the contract was broken.

2. How Common It Is:

   • About 70% of contract disputes ask for both types of damages.
   • More than 60% of the time, people successfully get expectation damages when a contract is broken.

3. Important Cases:

   • Key legal cases show that courts usually prefer expectation damages over consequential damages. This can really change the outcome of a case.

Knowing the difference between these two types of damages is very important for arguing cases in court and for making deals in contracts.