AccountingWitness

Personal injury & wrongful death (economic loss calculation)

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Wage histories, fringe benefits, household services, and discount rates must be handled carefully. Experts build earnings bases, consider work-life and mortality assumptions, and present understandable schedules.

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Common questions

How do experts defend growth assumptions in wage loss?
By tying promotions and merit increases to historical HR records, industry wage surveys, and sensitivity ranges that reflect career uncertainty.
What discount rate issues arise?
Selection between risk-free, personal injury award, or portfolio-based rates, with clear disclosure of how inflation is handled in nominal versus real cash flows.

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