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 clients 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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