Often times following a serious injury, you are unable to work. The inability to work results in financial damages that, if you prevail in your lawsuit, you are entitled to be paid for.
An expert economist looks at your individual financial situation, and determines the amount of money you are owed. For example, if you are unable to work for the remainder of your career, an expert economist calculates what you would have earned over your work-life expectancy, taking into consideration factors like inflation and present value.
Using actuary tables and industry data regarding your expected earnings, the expert projects figures of what you would have earned over your lifetime (had this accident not happened). Ultimately, that expert’s opinion will help us to formulate a settlement demand or tell a jury how much money you should receive as a result of the defendant’s negligence.
The attorneys at Maynard O’Connor often consult with expert economists to calculate and prove the true extent of your financial damages. If you are injured as a result of someone else’s negligence, make sure you get every dollar that you are owed. Call the personal injury attorneys at Maynard, O’Connor, toll free, at (800) 721-3553 to discuss your claim. You can also email us and we’ll contact you for a free consultation.
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