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How an Economic Damages Expert Can Build up Personal Injury Cases
Posted: Oct 26, 2017
There are situations where non-economic damages like suffering, pain etc. most times get more attention from both the defence counsel, and the complainant. But on the other hand, a skilled with many years of experience can significantly add to the worth of the plaintiff’s assertion. This can be possible by computing, and defining all the economic loses that was suffered by the claimant due to the injury that happened.
Why is it like that? There is a general theory known to the consultants who panel trial consultants. And the theory is that the juries most times cannot figure out how to allocate an amount on the suffering and pain of a petitioner. If there is no particular amount placed on a plaintiff’s suffering and pains, it is possible for the jurors to multiply an arbitrary number with the amount of economic loses. In a case where the petitioner has suffered just a minimal economic loss, the jury can also just allocate a little amount for the little suffering and pain. Similarly, when the economic loss is not well quantified and analysed, supporting other opinions will become more challenging.
The damages expert can provide view testimony relating to the amount the petitioner could not collect as a result of the injury that was suffered. In light of this, how then can an be of help?
How can an help you?
The damages expert can be of help to you in many ways. Some of them are as follows:
Calculate the economic losses that can be recovered
When there is a personal injury incident, the complainant is in his or her own right to recover the monetary losses that happened as a result of the injury. In a minute injury case, the amount of economic damages caused can be easily calculated. For instance, a plaintiff suffered an injury in a car accident, and could not go to work for about three days. He or she may not need an. In such case, the petitioner’s attorney can simply ask the complainant’s employer to simply calculate the amount of wages lost as a result of the days the plaintiff was absent from work.
Diminish calculation problems
When calculating the amount of economic damages suffered by the plaintiff, it is important that the calculations are accurate. It will not just be accepted in court that an a certain amount was lost as a result of the injury. The can get what he or she claims with the help of an. The damages expert will provide the necessary evidence required.
Check in discovery
When injury cases occur, some economic damages data are mostly required in discovery. They include the age of the plaintiff, the injury time, nature of injury, extent of injury etc. In cases like this, the damages expert provides all the necessary information.
Conclusion
can greatly influence a personal injury case. The attorneys of the defendant and the plaintiff can depend on the knowledge, and experience of the damages expert in a personal injury case. Above are some of the ways a damage experts can influence an injury case. Good luck!
ValuEconomics, Inc. provides expert opinions on damage expert witness, valuation of businesses and other economic and financial issues. for more information visit site http://www.valu-econ.com/