Determining Economic Loss in Injury and Death Cases, 2d (Trial Practice Series)

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 detailed explanation of the formula used to accurately calculate income values and expenses. You'll 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