RPC Calculation of Present Value Damages Consultants
Ronald T. Luke
JD, PhD
President
Brian Piper
PhD
Senior Consultant
Angela VanDerwerken
PhD
Senior Consultant
Calculation of Present Value
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. RPC has expert economists who are able to bring all damages calculations to present value. 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. We also take the particular facts of each case into consideration to ensure the most accurate data and practices are used in our calculations.
For more information, contact Athenna Dill, Personal Injury Case Manager, 512.371.8005, adill@rpcconsulting.com.
RPC Calculation of Damages and Present Value Blogs
Vocational Testing in Litigation
When appropriate and possible, a vocational expert uses vocational tests to measure an individual’s interests, abilities, and aptitudes. In this blog, we will discuss who administers vocational tests, how they are administered, and what type of tests are used.
Reasonable Value and Reasonable Charges for Medical Expenses in Personal Injury Cases
RPC has prepared a sample report explaining how we determine the maximum reasonable charges for past medical services and how we determine the range of reasonable value of past medical services.
Choosing a Damages Expert in Medical Qui Tam and False Claims Act Cases
When choosing damages experts for a qui tam case, it may help to understand the skill sets required to calculate damages and to testify at the intersection of medical, legal, and analytical issues. This blog will discuss the experience needed.