How do you quantify economic damages in a personal injury case?
When someone can no longer work as a result of an accident, we have to do an evaluation of what their economic damages are. And what that consists of is: number one, how long would that person have continued to work had they remained in the workforce? What is their work life expectancy?
Then, we need to take a look at not only their earnings, what they were showing on their W-2s or their tax returns, but the additional benefits that they were entitled to, such as pension contributions, annuity contributions, health insurance, sick fund, and that entire economic package, plus the raises that these people would have entitled to – that our clients were entitled to, gives the full economic picture.
Contact an experienced New York personal injury lawyer to discuss the details of your case with Hach & Rose, LLP, at 212-779-0057.