In many personal injury cases, the award of damages often centers on the calculation of the loss of future earnings. ... read more →
This article is the first in a series by FAZ Forensics intended to provide education on personal injury, wrongful death and lost employment, as well as the aspects of quantifying... read more →
Business interruption, is the temporary cessation of business operations on either a partial or complete basis, as the result of a specific and sometimes catastrophic event. In terms of insurance... read more →
To determine the loss period, there are several sources to choose from. According to a 2012 survey by Slesnick, Luthy, and Brookshire, more than 62% of damages experts use tables... read more →
Future earnings are not certain. Companies start up and companies fail, economic cycles take place with expansion and contraction, and on a personal level, individuals become ill, get displaced or... read more →
There are certain situations that impact mitigation and the following are examples of those situations: Alternative income after training exceeds the projected trend in pre-injury wages so there is... read more →
Mitigation refers to the requirement of plaintiffs to minimize damages they incur. Most jurisdictions require mitigation but sometimes a plaintiff may choose not to work after being terminated from a... read more →
Lost retirement benefits relate to employment fringe benefits of employer-funded retirement plan contributions. The employer contribution may be to a defined contribution or a defined benefit retirement plan. The loss... read more →
Fringe benefits provided by a company are a component of total compensation. Wage and salary payments, commissions, production-bonuses, extra pay for overtime and late shifts, and stock grants comprise direct... read more →
Adjustments for gaps in work history or temporary unemployment when a limiting event takes place are similar to those made by the damages expert if there is no work history.... read more →