Calculation of Present Value of Damages

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

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.


.
.

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

RPC Calculation of Damages and Present Value Blogs

Labor Market Surveys in Personal Injury Litigation

The role of a vocational expert in personal injury litigation is to determine the pre-injury and post-injury earning capacity of the plaintiff. One of the tools used to determine the post-injury capacity is a labor market survey. The labor market survey identifies the jobs and job openings in the worker’s geographic labor market.

December 2nd, 2020|
Read More

Evolving Issues with Freestanding Emergency Center Charges

Most hospitals update their charges at least annually. To ensure continued compliance with the new laws, RPC recommends an annual chargemaster analysis for freestanding emergency centers and assists freestanding emergency centers to resolve payment disputes.

November 19th, 2020|
Read More

Differences Between Nominal and Real Interest Rates

When performing economic damages analysis, one must decide whether to discount future economic damages to present value using a nominal interest rate or real interest rate. This blog discusses the differences between nominal and real interest rates.

November 5th, 2020|
Read More

RPC's team provides consulting services nationwide.

For sample RPC reports and professional references, please contact Ron Luke at 512-371-8166

Research & Planning Consultants, L.P.

6300 La Calma Drive, Ste 170
PO Box 14464
Austin, TX 78752

Send Message
© Copyright 2018 Research & Planning Consultants, L.P. | Employment Opportunities | Linkedin | View our Disclaimer
Limitations of Liability: To the extent permitted by law, RPC shall not be liable to the user or anyone else for any loss or injury caused directly or indirectly, in whole or in part, by its construction and publication of this web site or any publication, data, report, map or other analytical products or services, or for any decision made, or action taken, in reliance on the contents hereof. In no event shall RPC have any liability for lost profits or for indirect, special, punitive or consequential damages, or for any liability to any third party, even if it is advised of the possibility of such damages.
Contacting us: You may e-mail us through this site, but information you send to RPC through Internet e-mail or this website is not always secure and may not be confidential. Do not send us confidential information until you have established a formal relationship with RPC. Even if we formally work with you, understand that Internet e-mail security is still uncertain and that you accept all risks of such uncertainty and potential lack of confidentiality when you send us unencrypted, sensitive, or confidential e-mail. E-mail from RPC never constitutes an electronic signature, unless it expressly says so.
Social Media Accounts: RPC’s official social media account is as follows; Linkedin. Any other social media account presenting as RPC is not an official account.
Governing Law: Use of this web site shall be deemed to have occurred in the State of Texas. The terms of this disclaimer, notice and agreement shall be interpreted and enforced in accordance with Texas law.
Copyright and Limitations of Use: This website, including images and information contained herein, are the property of Research & Planning Consultants, LP and are protected by copyright and other intellectual property laws.
Go to Top