Forensic Economic Loss Analysis

Expert Witness Services Daubert Compliant Methodology Expert Testimony Experience

Comprehensive economic damage calculations for personal injury, wrongful death, and employment litigation. Court-tested expertise serving attorneys throughout Rhode Island, Massachusetts, and New England.

Overview & Use Cases

Forensic economics provides the quantitative foundation for economic damage claims in personal injury, wrongful death, and employment litigation. Our analyses translate complex financial losses into clear, defensible calculations that support fair compensation for individuals and families affected by negligence, accidents, or wrongful conduct.

Whether addressing catastrophic injury cases requiring lifetime care, wrongful death claims involving economic support to survivors, or employment disputes involving lost wages and benefits, forensic economic analysis ensures that all economic losses are properly identified, calculated, and presented to courts and juries.

Methodology (Daubert Compliance)

Our forensic economic analyses follow established economic principles and methodologies that meet Daubert standards for expert testimony admissibility. We utilize peer-reviewed approaches and current economic data to ensure reliability and acceptance in state and federal courts.

Core Methodological Components:

  • Worklife Expectancy: Skoog-Ciecka tables and individual-specific factors
  • Wage Growth Projections: Bureau of Labor Statistics data and industry analysis
  • Present Value Calculations: Treasury-based discount rates and real growth assumptions
  • Fringe Benefits Analysis: Industry surveys and employer-specific data
  • Household Services Valuation: Replacement cost and opportunity cost methods

Attorney FAQ

Q: What information do you need to begin a forensic economic analysis?

A: We typically require medical records detailing the injury and prognosis, employment records showing earnings history, tax returns for the past 3-5 years, educational background, and information about the individual's work history and career plans. For wrongful death cases, we also need information about the decedent's family and their economic circumstances.

Q: How quickly can you provide preliminary damage calculations?

A: We typically provide preliminary damage ranges within 3-5 business days of receiving basic case information. This allows attorneys to make informed decisions about case value early in the litigation process. Full expert reports generally require 2-3 weeks depending on case complexity.

Q: Do your analyses comply with Rhode Island and Massachusetts damage calculation requirements?

A: Yes, our analyses are structured to comply with state-specific requirements. For Rhode Island wrongful death cases, we follow RI General Laws § 10-7-1 limiting recovery to pecuniary losses. For Massachusetts cases, we address Chapter 229 § 6 requirements and understand the state's approach to pain and suffering and punitive damages.

Q: Can you provide rebuttal analyses of opposing expert reports?

A: Absolutely. We regularly review and critique opposing economic analyses, identifying methodological flaws, inappropriate assumptions, or calculation errors. Our rebuttal reports clearly explain why alternative approaches are more appropriate and reliable, providing attorneys with strong ammunition for cross-examination.

Q: Do you coordinate with life care planners on catastrophic injury cases?

A: Yes, as a Certified Life Care Planner (CLCP), I can either create comprehensive life care plans or provide economic analysis supporting plans developed by other qualified life care planners. This coordination ensures that all future care needs are properly quantified and that economic projections accurately reflect the recommended care.

Q: How do you handle cases involving reduced work-life expectancy due to injury?

A: We work with medical experts to understand how injuries affect the individual's ability to work over their lifetime. This may involve earlier retirement, reduced work capacity, or intermittent work limitations. Our analyses account for these factors while ensuring that projections are based on reliable medical evidence rather than speculation.

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