Personal Injury Litigation: Proving or Disproving Economic Damages
Navigating Methodologies and Factors Impacting Court Awards and Best Practices for Recruiting Financial Experts
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide counsel with the controlling factors and methodologies used by courts to determine amounts of economic damages awards, including the computations, evidence and arguments that counsel should be ready to employ when working with experts.
Outline
- Introduction: compensatory damages based on economic loss
- Loss of earning capacity
- Pre-injury earning capacity
- Residual earning capacity
- Fringe benefits
- Social Security payouts
- Taxes
- Life care planning
- Loss of household services
- Calculation methodologies: converting future sums into present value amounts
- Mitigation of loss
- Considerations when recruiting damages experts
Benefits
The panel will review these and other key questions:
- What are some methods for estimating future earnings?
- When converting future economic losses into present value amounts, what factors have had an impact in courts—and what factors have not?
- Do damage awards take into account steps the plaintiff should take to mitigate their loss?
- What key factors should counsel consider when recruiting financial experts?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Faculty
Ronald T. Luke
President
Research & Planning Consultants
He has been licensed as an attorney in Texas since 1975. He has consulted on projects for healthcare providers, managed... | Read More
He has been licensed as an attorney in Texas since 1975. He has consulted on projects for healthcare providers, managed care plans and public agencies in more than 25 states. He also serves as an expert witness in trials, administrative proceedings and legislative hearings.
CloseKacy L. Turner
Vocational Consultant
Research & Planning Consultants
She has more than 10 years of experience as a rehabilitation consultant and vocational analyst in three states. To... | Read More
She has more than 10 years of experience as a rehabilitation consultant and vocational analyst in three states. To determine the pre-injury and post-injury employability in personal injury cases, she provides vocational testing, transferable skills analysis, job requirements analysis, rehabilitation plans, and definition of reasonable accommodations under the Americans with Disabilities Act.
Close