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Wage Loss: Economic Damages for
Personal Injury and Wrongful Death
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The Powerful Settlement Tool
Robert W. Johnson & Associates' Economic Impact Report (wage loss valuation) is a powerful tool that will aid you in settlement negotiations. Our clear, data-driven report is helpful in assessing the economic damages of your case, and also in convincing the other side of the accuracy of your assessment. RWJA has experience in a wide variety of wage loss cases, including:
- Wrongful life
- Medical malpractice
- Railroad
- Maritime
- Asbestos
- Tobacco
- Wrongful death
- Bad faith
- Punitive damages
Our Economic Impact Report is a completely documented, 8-15 page analysis detailing the present cash value of lost future wages, fringe benefits, household services and future medical expenses. The economic report displays the losses listing them on a year-by-year basis. The report also includes a complete bibliography and description of all the actuarial and economic assumptions contained in the calculations.
Expert Testimony
RWJA's team of experienced economists is available to provide expert witness testimony on an as-needed basis. Click here for a list of states in which the firm's team is qualified to provide testimony. [link pops up list of 25 states].
Comprehensive Analysis
Our computerized programs, using accepted actuarial techniques and standard methods of economic analysis, give empirical answers to your difficult economic issues. Listed below are some of the factors that are considered:
- Career potential
- Family size
- Fringe benefits
- Household services
- Inflation
- Interest rates
- Life expectancy
- Medical inflation
- Mitigating income
- Non-wage income
- Personal consumption
- Taxes
- Unemployed decedents (students and housewives)
- Wage growth
- Work history
- Work-life expectancy
These and other factors (where appropriate) are utilized to analyze each of your cases.
Request this Service
To request this service, simply complete the necessary forms for your case and fax them to Robert W. Johnson & Associates at 650-494-2454.
Personal Injury Valuation Form
Wrongful Death Valuation Form
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