disqualified. Future loss of earnings or earning capacity is measured as the “net” loss. The client’s “work life expectancy” before and after the event may have varied significantly, depending on the nature of their damage. The forensic economist uses wage rate increase statistics for the client’s prior occupation and any industries in which he is still qualified to work, if any, as well as general inflation statistics to discount the gross total loss of future earnings to present value after receiving the vocational rehabilitation experts’ report from the serious injury lawyers.
Please note that we have just covered the “simplest case” of the hourly pay earner in the discussion above by our California personal injury attorneys. In situations where the client was a business owner, for instance, presenting future loss earnings can be considerably more challenging. You are encouraged to read the following for a more thorough explanation of the presentation of damages in serious injury cases: How Catastrophic Injury Cases Are Damaged by Serious Injury Lawyers President We go into much more detail in that post on how serious injury lawyers present general damages and specific damages, including future medical costs and future loss of earnings. Want to know more about Car accident lawyer? Visit our website for more information.
It can be difficult for personal injury attorneys to effectively and sufficiently convey the damages case of a client who has suffered catastrophic injuries. It is a challenge that must be undertaken by lawyers who frequently prosecute complex cases, including medical malpractice, food poisoning, or pharmaceutical product liability lawsuits, as well as premises liability and auto accident lawyers. Whether the underlying culpability is a straightforward auto accident or a complicated instance of medical malpractice, the unique harm considerations, which are typically the most complex, are always present. In addition, the damage case demands equal consideration from the personal injury attorney who takes on any major injury case, regardless of the underlying responsibility.