ECONOMIC DAMAGES ANALYSIS
Occupational Exposure Analysis
Litigation arising from exposure to hazardous materials (such as silica, asbestos, lead in paint and other construction materials, pesticides, among others) often includes claims of economic damages resulting from allegedly related illness, injury, and/or death.
In injury/illness or wrongful death claims, categories of economic damages often include, though may not be limited to, the alleged loss of wages/earnings, fringe benefits, and retirement benefits (loss of financial support in wrongful death cases), as well as the measure of the individual’s future earning capacity, and the monetary value of the loss of household services and other types of services to family members. For all such claims, the expertise to truly understand the specific structure of allegedly harmed individual’s historical and potential earnings and benefits, as well as family/household dynamics are critical to the analysis of economic damages. Resolution Economics provides that expertise
In every case, the data tells a story. Our mission is to effectively deliver that story, incorporating pertinent insights specific to the applicable occupation(s) and industry to appropriately frame the economic damages model and to frame statistical analyses that may be applicable. Our economic damages models and explanations are clear and understandable.
Law firms in complex individual, multiple-plaintiff, pattern and practice, class action, and tort litigation matters trust us to bring in-depth economic damages analysis and a wealth of insight and experience to every client engagement. Combining continuous research and focus, as well as a curated review of all details and information and of relevant, applicable research, and a laser-focus on the specific issues at hand in every individual case, we provide economic damages models and explanations that are clear, understandable, and persuasive.
Our team of highly regarded and recognized experts bring to the analysis of economic damages their in-depth knowledge of compensation structures, industries, and occupations that is the foundation for clear identification of the documentation and data necessary, in-depth data review and data analytics, focused and tailored research, curated design and application of the applicable damages model, and the delivery of clear, detailed, and reliable work product, which is paired with a didactical approach to discussions with the legal team.
Why Choose ResEcon?
Resolution Economics provides insightful, innovative thinking and rigorous analysis to solve complex problems. Our clients trust in our experience, our creativity, and our history of delivering outstanding results.
With extensive experience in appraising the value of economic damages in a wide variety of litigation matters ranging from individual claims to class-action claims across all industries, all occupations, all employee classifications and groups, independent contractors and business owners, we provide our clients with informed, reliable, and effective economic damages analysis and statistical and financial analysis services to attorneys representing individuals, insurance companies, corporations, and private or public (government and non-government) entities in a wide range of complex litigation matters across the United States and Canada.
Founded in 1998, Resolution Economics is a market leader in providing expert analysis across a broad spectrum of Labor and Employment matters including but not limited to: Single Plaintiff and Class-Action Wage and Hour and Discrimination litigation, Economic Damages, Pay Equity Analyses, Non-Discrimination Assessments, and Artificial Intelligence Compliance. Our professionals are experienced experts in their fields, many holding advanced degrees and credentials such as PhDs, MAs, MBAs, and CPAs. We are experienced at presenting our findings in a variety of settings, including trial, mediation, arbitration, and direct consultation.