Personal Injury and Wrongful Death
Overview
In damage cases involving personal injury, death, and allegations of medical malpractice, we are typically retained to calculate the past and future economic losses, or if relevant lost earnings capacity, of a plaintiff or a set of plaintiffs. In these analyses, we use the plaintiff’s historical earnings information, relevant economic dat on interest rates, and labor market data to construct an economic model of the plaintiff’s lost compensation that is grounded by conventional economic thinking and the case facts. Likewise, we are retained by attorneys to critique an opposing economic expert’s report.
Earnings and Fringe Benefits
Alleged loss of earnings and fringe benefits are a common component of injury and wrongful death lawsuits. We specialize in analyzing salary and commission earnings, legally required benefits such as Social Security, health and life insurance benefits, and retirement pensions and 401(k) plans.
Household Services
Individuals do more than work. We calculate and critique estimates of the value of household services by building statistical models of the alleged lost household services. This allows us to fit time-use survey data to the injured or deceased person’s actual situation as closely as possible.
Life Care Plan Valuation
In cases involving injury, a life care plan details projected medical services and products the plaintiff will need in the future. We project the future cost of items included in life care plans, such as physicians services, hospitalizations and surgeries, equipment and supplies, and prescription drugs.
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Case examples:
- Virant v. Encana Oil
- ADP, Inc. v. National Merchant Alliance, LLC
- Bear Transportation, LP v. Somerset Logisticso
- Lloyds of London v. IMAK, et al.
- EMS Energy Services USA v. Globalogix
- State of Texas v. Par Pharmaceutical, Inc.
- Southwestern & Pacific Specialty Finance, Inc. v. City of San Antonio
- United Biologics v. TAAIS, et al.
- Wilson Industries v. Bell Supply
- Schlumberger, Inc. v. Ricky Parker et al.
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