CALCULATION OF PRESENT VALUE OF DAMAGES

For either medical or vocational damages it is necessary to calculate damages in future dollars and then discount these future damages to present value as of the time of trial. We compute different inflation rates for specific goods, services and wages. Our procedures ensure consistency between the inflation and discount rates used. The time series data used in these calculations of damages are continuously updated as government agencies publish new statistics.

For sample RPC reports and professional references please contact Ron Luke at (512) 371-8000