KW Economics prepares economic damages analyses - lost earnings, wrongful death economic loss, household services, employment damages, and business damages - for matters venued in New Jersey. Earnings in New Jersey are shaped by regional wage markets that do not stop at the state line, so an earnings projection is anchored to the plaintiff's own work history and to wage data for the area where the plaintiff actually worked, whichever side of the line that is, rather than to a statewide or national average. Plaintiff and defense.
With about 9.3 million residents, New Jersey contains more than one distinct wage market, and the analysis uses the one the plaintiff actually worked in: occupational wage data from the Bureau of Labor Statistics for that metropolitan or nonmetropolitan area, and household and cost-of-living data from the American Community Survey. Fringe benefits, worklife expectancy, wage growth, and the discount rate are each documented with their source so every figure in the projection can be traced and tested at deposition.
Our forensic economists prepare lost earnings, wrongful death, household services, employment, and business damages analyses and rebuttals for New Jersey litigation. Each projection is anchored to the plaintiff's own records and to New Jersey wage data, and written to the jurisdiction's expert evidence standards.
Analyses for New Jersey matters are directed by Christopher Skerritt, M.Ed., MBA, Chief of Economic Services, who is available to testify to them.
KW Economics accepts cases from attorneys across New Jersey. Select a city for local wage-market and venue context.
An economic damages report is written for the forum that will examine it and around the damages rules that forum applies.
New Jersey pairs a wrongful death action for the survivors' pecuniary loss, which the courts read to include the value of lost household services, advice, and guidance, with a survival action for the decedent's pain and suffering and the earnings lost before death. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, most collateral-source benefits other than workers' compensation and life insurance are deducted from the award after verdict, and prejudgment interest on tort awards is provided by court rule, running from a fixed point after the complaint.
New Jersey Division of Workers' Compensation
Highest court: Supreme Court of New Jersey. Federal venues: D.N.J.
New Jersey's Superior Court, Law Division is the primary trial-level forum for the personal injury, wrongful death, employment, and commercial damages claims these analyses support. Workers' compensation claims, where the dispute is over wage-loss benefits rather than tort damages, are administered by the New Jersey Division of Workers' Compensation. Final appeals in the New Jersey court system run to the Supreme Court of New Jersey. New Jersey is served by 1 federal district court, where the same analyses are offered under the federal expert-disclosure framework.
Yes. KW Economics prepares lost earnings, wrongful death economic loss, household services, employment damages, lost profits, and business valuation analyses, and reviews and rebuts opposing economic reports, for attorneys handling matters venued in New Jersey, for plaintiff and defense counsel alike. Every projection is anchored to the plaintiff's own records and to wage data for the area of New Jersey where the plaintiff actually worked.
The starting point is the plaintiff's own earnings history - tax returns, W-2s, pay records, and benefit statements - rather than an average. Occupational wage data from the Bureau of Labor Statistics for the plaintiff's metropolitan or nonmetropolitan area in New Jersey is used to test that history, to project a career that was still developing, and to value residual earnings after the injury, and household composition and cost-of-living data come from the American Community Survey. The source behind each figure is documented in the report.
Personal injury, wrongful death, employment, and commercial damages claims are heard in New Jersey's general-jurisdiction trial courts and, where jurisdiction allows, in the federal district courts serving New Jersey. Wage-loss disputes in workers' compensation matters proceed before the compensation forum rather than the civil courts. Attorneys are responsible for confirming the venue and the governing damages rules for their specific case.
The decedent's earnings and fringe benefits are projected over a documented worklife expectancy, reduced by the decedent's own personal consumption where the measure of damages in New Jersey calls for it, and combined with the value of the household services the decedent would have provided. Each future year is then discounted to present value at a documented rate tied to the growth assumptions, so the report shows the lump sum that replaces the lost stream today. Which components are recoverable is a question of New Jersey law that counsel confirms; the report is structured so each component can be included or removed.
Request a consultation on New Jersey cases or call (201) 343-0700. Plaintiff and defense counsel.