Choosing the right expert and the right damages measure is the first decision in an economic damages case, because each measure rests on different records and answers a different question. Each comparison below sets the two side by side, states what each one measures and from which records, and identifies when one applies, when the other does, and where they overlap.
All comparisons
Forensic Economist vs. Forensic Accountant - Both disciplines quantify financial loss from documents and both testify to it. They meet in the self-employed claimant, whose tax returns mix labor income…
Forensic Economist vs. Vocational Expert - Both experts address earning capacity, from different directions. The vocational opinion establishes what the person can earn; the economist converts the…
Lost Earnings vs. Lost Earning Capacity - Both measures produce a but-for earnings stream and a post-event earnings stream and take the difference. The distinction is in the foundation for the but-for…
Lost Profits vs. Business Valuation - Both measures rest on projected cash flows and both discount them for time and risk. The danger is double recovery: a business valued as of the date of…
Fair Market Value vs. Fair Value - The two standards share the same approaches to value and often the same enterprise-level conclusion; they diverge in how the interest is treated after the…
Net vs. Gross Discount Rate - The two presentations are arithmetically equivalent when the assumptions are consistent: growing a stream at one rate and discounting it at another produces…
Forensic Economist vs. Life Care Planner - Both experts work on the same future-care number, and the two reports must reconcile. The plan supplies the items, frequencies, durations, unit costs, and the…
Back Pay vs. Front Pay in Employment Cases - Both measures compare the same two streams, the compensation of the position lost and the compensation the employee earned or can earn instead, and both rest…
Lost Profits vs. Diminished Business Value - Both measures rest on projected cash flows, and both ask what the business would have earned but for the act, so the same records, the same history, and the…
Economist vs. Forensic Accountant on Lost Profits - Most lost profits claims need both kinds of work, and in a practice that fields both disciplines the question is one of sequence rather than of choosing. The…
Transfer Pricing Documentation vs. Expert Report - Both documents apply the same regulations, the same methods, and often the same comparables, and an expert report may start from the documentation's…
Lost Profits vs. Reasonable Royalty - The two measures are not exclusive, and a patent award often combines them: lost profits on the sales the owner proves it would have made and a reasonable…
Gross vs. Net Earnings in a Damages Claim - The two measures are built from the same records and differ by one step, the tax computation, so a report prepared for either can show both: the but-for…
Present Value Discounting vs. Total Offset - The two methods are points on one scale, the net discount rate, and a report built for either can show the other in a single additional column: the present…
Nominal vs. Real Discount Rates - The two rates are one rate stated two ways, and the choice between them changes the presentation, not the present value, so long as the growth rate is stated…