Personal Injury Economist

Personal Injury EconomistView Resources

Personal Injury claims undoubtedly comprise the largest category of causes of action. The Personal Injury Economist is software that has been developed in the course of hundreds of cases in representing both plaintiffs and defendants. Life expectancies, worklife expectancies, taxes, earnings capacity, employment benefits, and household services are calculated based upon a minimal number of input parameters. The accuracy includes automatic adjustment for changes such as children reaching the age of majority in terms of tax calculations or costs of health insurance coverage as family circumstances change. The tax calculations reflect actual past tax brackets, including phase-outs of personal exemptions at high levels of income, as well as scheduled future changes in the tax code. Other calculations are also automated to reflect anticipated changes, such as the employment benefit of term life insurance which takes into account higher premiums as the individual ages, as well as the option to include the age-earnings cycle of income generation.

Like the Life Care Plan Economist and other EcoFin products, the Personal Injury Economist is designed to be used by the layman with minimal knowledge of the underlying economics. The program is controlled by Visual Basic macros that automatically perform calculations, format exhibits and generate graphs that conform to the specific circumstances of the individual. Details of its use are contained in a user’s manual and illustrated in simple training videos.

The Personal Injury Economist spreadsheet template will be available beginning January 1, 2010. To see a sample of a report using the Personal Injury Economist, click on the link below.

Sample Reports and other details (You can also right-click & use Save As option):

“Joe Sampler” Spreadsheet