Writings

In these topical writings we attempt to answer some commonly asked questions about the calculation of economic damages.

Economic Damages

What are economic damages?

What are earnings and benefits-related economic damages?

What are household services-related economic damages?

What are future expenses-related economic damages?

The 8 steps to calculating economic damages in personal injury cases

The 8 steps to calculating economic damages in wrongful death cases

Determine the past and future losses

Economic Factors

How to determine the length of damages in personal injury cases

How to determine the length of damages in wrongful death cases

Determining growth rates to project earnings and benefits

Discounting losses to present value

Review of short and long term interest rates

Earnings

The client documents you need to evaluate earnings and benefits losses

Calculating the earnings and benefits your client would have received, had they not been injured or died

Calculate and project the earnings and benefits they will receive now that the injury has occurred

Taxes

Incorporate income taxes, if relevant in the jurisdiction

3 common methods of determining an effective tax rate for damages

Personal Consumption

Incorporate personal consumption, if relevant in the jurisdiction

State-by-State