Product Liability Economic Damage Analysis

Product liability cases require sophisticated economic analysis to quantify damages from defective products, whether involving personal injury, business losses, or property damage. Our forensic economics team provides comprehensive damage calculations that stand up to scrutiny in complex product liability litigation.

Types of Product Liability Cases We Handle

  • Consumer Product Defects: Personal injuries from defective household products, electronics, appliances
  • Automotive Defects: Vehicle design flaws, manufacturing defects, component failures
  • Medical Device Failures: Economic losses from defective implants, devices, or equipment
  • Pharmaceutical Injuries: Adverse drug reactions, medication errors, contamination
  • Industrial Equipment: Workplace injuries from defective machinery or safety equipment
  • Children's Products: Injuries from defective toys, car seats, cribs, or other products
  • Food & Beverage: Contamination, mislabeling, allergic reactions
  • Building Materials: Defective construction materials causing property damage or injury

Economic Damages We Calculate

Personal Economic Losses

  • Lost earnings and earning capacity
  • Medical expenses (past and future)
  • Life care planning costs
  • Household services value
  • Vocational rehabilitation costs

Business Economic Losses

  • Lost profits and revenue
  • Business interruption damages
  • Replacement and repair costs
  • Market share losses
  • Mitigation expenses

Mass Tort & Class Action Experience

We have extensive experience in multi-plaintiff product liability cases, providing economic analysis for:

  • Class action damage models and aggregate loss calculations
  • Individual plaintiff damage assessments within class frameworks
  • Statistical sampling and extrapolation methodologies
  • Settlement allocation formulas
  • Opt-out damage calculations

Our Product Liability Methodology

1. Injury/Loss Assessment

Comprehensive review of medical records, business records, and product defect documentation

2. Economic Impact Analysis

Quantification of all economic losses stemming from the product defect

3. Future Loss Projections

Calculation of ongoing and future economic damages with appropriate growth factors

4. Present Value Calculations

Application of proper discount rates to future losses

Industry-Specific Expertise

Our team has analyzed product liability damages across diverse industries:

  • Manufacturing: Design defects, manufacturing flaws, quality control failures
  • Healthcare: Medical device failures, pharmaceutical injuries
  • Automotive: Vehicle defects, component failures, recall damages
  • Technology: Software failures, data breaches, electronic device defects
  • Construction: Building material defects, structural failures

Expert Testimony & Litigation Support

Our forensic economists provide clear, defensible testimony in product liability cases:

  • Daubert-compliant methodologies and reports
  • Experience testifying in state and federal courts
  • Deposition preparation and support
  • Rebuttal analysis of opposing experts
  • Settlement conference participation

Need Economic Analysis for a Product Liability Case?

Get expert forensic economic analysis that clearly quantifies damages in your product liability litigation.

Request Consultation

Or call directly: (203) 605-2814