What is a forensic economist?

A forensic economist is an expert who calculates economic damages for legal cases, including lost earnings, lost benefits, future medical costs, and business valuations. They provide expert testimony and detailed reports for use in litigation.

What types of cases require a forensic economist?

Forensic economists are needed for personal injury, wrongful death, medical malpractice, employment discrimination, wrongful termination, business disputes, divorce proceedings, and any case requiring economic damage calculations.

How are economic damages calculated?

Economic damages are calculated by analyzing lost earnings, lost benefits, future earning capacity, medical costs, household services value, and other economic losses. These are projected into the future and reduced to present value using appropriate discount rates.

What qualifications should a forensic economist have?

A qualified forensic economist should have advanced degrees in economics or business, professional certifications (CRC, CLCP, ABVE), extensive experience in economic analysis, and a track record of providing expert testimony in court.

How much does a forensic economist cost?

Forensic economist fees vary based on case complexity, typically ranging from $250-$500 per hour for analysis and $500-$1000 per hour for testimony. Most cases require 20-40 hours of work. Contact us for a free consultation and fee estimate.

Wrongful Death Expert Services

Comprehensive economic analysis for wrongful death and survival action cases

(203) 605-2814 Free Consultation

Services Provided

Economic Damage Analysis
Vocational Assessment
Life Care Planning
Business Valuation

Economic Analysis in Wrongful Death

Our forensic economics services for wrongful death cases provide accurate, defensible economic damage calculations that stand up to scrutiny in court. We analyze all financial aspects of the case to determine fair compensation.

Specific Applications:

Lifetime earnings loss calculations

Fringe benefits valuation to retirement

Household services economic value

Loss of consortium valuation

Personal consumption deductions

Inheritance and estate planning losses

Pension and Social Security losses

Child and spousal support calculations

Vocational Analysis for Wrongful Death

Our vocational expert services for wrongful death cases provide comprehensive employability assessments, earning capacity evaluations, and vocational rehabilitation planning based on medical evidence and labor market data.

Specific Applications:

Career trajectory projection

Promotion probability analysis

Industry advancement patterns

Education completion probability

Self-employment potential assessment

Geographic mobility analysis

Worklife expectancy calculations

Retirement timing analysis

Survivor Care Planning

Our life care planning services for wrongful death cases provide detailed, evidence-based projections of future medical and care needs, ensuring comprehensive coverage for lifetime care requirements.

Specific Applications:

Dependent child care planning

Elderly parent care arrangements

Special needs dependent planning

Grief counseling and support

Educational planning for dependents

Financial planning for survivors

Estate administration costs

Memorial and burial expenses

Business Valuation in Wrongful Death

Our business valuation services for wrongful death cases provide accurate assessments of business value, lost profits, and commercial damages using accepted valuation methodologies.

Specific Applications:

Business owner death valuation

Key person life insurance gaps

Partnership dissolution valuation

Succession planning failures

Professional practice wind-down

Closely-held business valuation

Intellectual property loss

Customer relationship valuations

Why Choose Christopher Skerritt for Wrongful Death Cases

Extensive Credentials

Multiple advanced degrees and over 15 professional certifications in forensic economics, vocational assessment, and life care planning.

Court Experience

Extensive testimony experience in state and federal courts, with a proven track record of providing clear, defensible expert opinions.

Comprehensive Analysis

Thorough, data-driven analysis using accepted methodologies and current research to support all conclusions and recommendations.

Need Expert Analysis for Your Wrongful Death Case?

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Wrongful Death Expert Services

Services Provided

Economic Analysis in Wrongful Death

Specific Applications:

Vocational Analysis for Wrongful Death

Specific Applications:

Survivor Care Planning

Specific Applications:

Business Valuation in Wrongful Death

Specific Applications:

Why Choose Christopher Skerritt for Wrongful Death Cases

Extensive Credentials

Court Experience

Comprehensive Analysis

Need Expert Analysis for Your Wrongful Death Case?

Related Practice Areas

Personal Injury

Motor Vehicle Accidents

Medical Malpractice