2/16/2011· Economics
Measuring The Loss Of Enjoyment Of Life In Personal Injury Cases In Washington - Hedonic Damages
By: Stan V. Smith
In most courts, the value of a human being is not recognized. According to the laws of many states, your life isn't worth a "plugged nickel" if you no longer work.
9/5/2010· Damages
A Quick Overview of Commercial-Damages Economics
Commercial damages occur in breach-of-contract and business-tort cases that result in claims of lost profits or diminished business goodwill or business value. Intellectual-property-infringement cases and antitrust cases also can involve such loss claims. The measurement of damages in these types of cases follows a basic methodology, with some variations in intellectual-property matters. Measurement of damages in securities-fraud cases uses a different approach.
11/25/2009· Damages
Lost Inventory and Lost Profits Damage Formulas in Litigation
This article arose from an actual litigation. To protect the identity of the parties, I usefictional names.
3/17/2011· Economics
Pseudo - Economists - The New Junk Scientists
By: Stan V. Smith
The increased use of economic experts in commercial damage cases, as well as in personal injury and wrongful death cases, has resulted in the emergence of a group of experts who offer economic services but are unqualified and ill-trained in economics.
5/6/2011· Economics
Setting aside the one case in 100,000 that makes headlines, are juries generally capricious and liberal? Are verdicts frequently unreasonable?
12/14/2017· Economics
Why Law Firms Need Internal Controls
By: Michael Garibaldi, CPA, ABV, CFF, CGMA
Most lawyers know how big a problem occupational fraud is in corporate America. They may even count as clients companies that have been defrauded and suffered significant losses. Yet a "not at my firm" attitude persists among many partners who take for granted the honesty and integrity of their colleagues and staff.
11/25/2009· Accounting
The Bias in Annual (Versus Monthly) Discounting is Immaterial
This article presents a discussion of the validity of using the mid-year convention from a different point of view than the March 2002 BVR article by Michael Dobner.
11/25/2009· Damages
Forecasting Cash Flow: Mathematics of the Payout Ratio
We all have used the Discounted Cash Flow (DCF) method. Many of us would agree that it is generally the best, most comprehensive, theoretically correct valuation model. It also has an empirical reason to be the best, which is that many of us calculate our discount rates using the Ibbotson data in the SBBI annual yearbooks, which are based on publicly traded stock data.
11/8/2017· Economics
The Appropriate Discount Rate In A Lost Earnings Claim
By: David Nolte
Damage experts don’t always agree regarding the appropriate discount rate and underlying methodology for a lost earnings claim and certain commonly applied methods actually provide a windfall to Plaintiffs. The chosen rate can make a meaningful difference in the economic damages conclusion. A recent article, "Lost Compensation Settlement Tool Allows You To Assess Economic Damages Accurately And Efficiently, Under Various Scenarios", demonstrates the significance of the applied rate on damages.
9/25/2017· Economics
The Income Tax Treatment of Economic Damages Awards
Financial experts are frequently asked aboutthe tax impact of damage awards, both paidand received. The complexities of the InternalRevenue Code (IRC) and judicial interpretations thereofmake determining the taxability of receipts or payments difficult.The same is true when dealing with the taxability of economic damages awarded to plaintiffs in civil actions. Nuances in the IRC and the judicial interpretations may make it difficult for a taxpayer to determine the taxability of his or her proceeds from a litigation award of personal economic damages. Whether or not such is taxable often depends on how the award of economic damages is categorized and/or described in the awarding documents.
by Donald Sanders, DVM, DACT, PAS
by Louis Flancbum, MD; et al
by Matthew Curtin
