Personal Injury Damages
Center for Forensic Economic Studies economists are leaders in the analysis of damages in personal injury and wrongful death litigation, and have testified as an expert witness in jurisdictions across the country.
Economist Expert Personal Injury
Personal injury cases involve seeking compensation for injuries or damages suffered by an individual due to someone else’s negligence or wrongdoing. Economic expert witnesses are professionals who provide specialized knowledge and expertise to help quantify the financial losses incurred by the injured party.
In analyzing damages in personal-injury and wrongful-death matters, the Center works closely with clients, gathering necessary data, identifying relevant issues and calculating the actual extent of economic loss. The Center’s forensic economists analyze such damage elements as lost earning capacity, fringe benefits, medical costs, life-care plans, productivity, lost household services and reduction to present value.
Compensation For Personal Injury
Calculating Economic Damages refer to the measurable financial losses suffered by the injured party as a result of the injury. These can include medical expenses, lost wages, and future earning capacity. An economic expert witness can assess medical records, employment history, and other relevant factors to calculate the present and future economic losses accurately.
The Center has been retained in many significant cases of national scope, including the MGM fire mass-tort litigation, the DuPont Plaza fire litigation, the Lockerbie air disaster and the Bendectin class action, in which the Center acted as a court-appointed expert. Center economists helped many of the families of 9/11 victims recover damages under the September 11th Victims’ Compensation Fund.
Leaders in Personal Injury Cases
In addition to testifying as expert witnesses in injury cases, Center for Forensic Economic Studies economists speak at law firms, bar associations and before professional associations on issues in personal-injury and wrongful-death damages litigation.
They also write on this topics for professional journals. Articles by Center staff on on personal injury and wrongful death damages issues include: