Calculation of Present Value of Damages

Calculation of Present Value of Damages2024-09-19T19:01:32+00:00
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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

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.


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For more information, contact Athenna Dill, Personal Injury Case Manager, 512.371.8005, adill@rpcconsulting.com.

RPC Calculation of Damages and Present Value Blogs

RPC’s Overview of the Supreme Court of Texas’ Decisions on Reasonable Value of Medical Expenses

The Supreme Court of Texas (“SCOT”) has handed down decisions that better define the limits on a plaintiff’s liability to a defendant for medical expenses in a personal injury case. These decisions have also clarified a defendant’s right to reasonable discovery from a plaintiff’s medical providers to determine the damages for medical expenses. In this blog, we review what this means for plaintiff and defense attorneys.

January 13th, 2022|
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