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Determining Economic Loss In Injury and Death Cases, 2d
Determining Economic Loss In Injury and Death Cases, 2d
Description
With Determining Economic Loss in Injury and Death Cases, make personal injury-related compensation decisions with confidence. This publication references court-recognized, authoritative sources and provides a detailed explanation of the formula used to accurately calculate income values and expenses. You will learn how to:
- Calculate the present value of a client’s future income stream
- Recognize unreasonable settlement offers
- Successfully present expert witnesses and evidence
- Examine difficult-to-define damages
- Ask the right questions in cross-examination
- Present expert witnesses and their evidence effectively
- Assess the dollar values of difficult-to-define damages due to losses of life activities, such as participating in athletics, the arts, and hobbies
Chapter topics include:
- The economist's role
- Discount rates: the present value calculation
- Wages, salaries, and fringes
- Modifications and the vocational expert
- Household services
- Life care plans
- Mortality adjustment
- The probability of seeking and finding employment
- Federal income taxes
- Work-life expectancy
- Age earnings profile
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