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
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