It is estimated that over one-half of all litigation today is
related, in some degree, to issues involving economic damages. This
handbook presents the basic elements involved in the evaluation of
economic damages associated with wrongful death and personal injury
cases. It will assist practicing attorneys to understand, through
examples, the conceptual issues involved in the determination of
economic damages, and the methods used to evaluated such
damages.
The book is divided into two main sections. The first section of
the book is devoted to estimation procedures specific to wrongful
death cases. Nine key elements involved in an analysis of economic
losses are systematically presented and illustrated in separate
chapters. Reference tables are included to illustrate the variety
of situations which exist, and the impact that changes in key
assumptions about the situations have on the analysis. The second
section of the book builds upon the concepts developed in the first
section, and illustrates how to calculate economic losses in
personal injury cases. These chapters also have examples and
reference tables to assist the practicing attorney. A glossary of
basic economic terms and an extensive bibliography are
included.
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