KW Economics provides household services analysis for cases venued in Richmond, Kentucky. For a household in Richmond, each category of lost services is priced at the Richmond-area replacement wage for that task rather than at a statewide figure, and the hours rest on the household's own composition and pre-injury routine. Civil claims arising in Richmond are typically heard in the Circuit Court sitting in Madison County. Deposition and trial testimony are available for Richmond matters, in person or by remote appearance where the forum allows.
Richmond sits in the Lexington-Fayette, KY metropolitan area, and where an analysis calls for local economic data, the figures for that area, rather than a statewide average, are the ones used. Plaintiff and defense.
Replacement-cost valuation of the household production an injured or deceased person can no longer provide: meal preparation, cleaning, home and vehicle maintenance, shopping, child care, and care of other household members. The hours are drawn from national time-use data adjusted to the person's household composition and pre-injury role, and each category is priced at the local wage for the occupation that would replace it, then projected and discounted over the period of loss.
KW Economics serves counsel throughout Richmond and the surrounding Madison County area. Our economists value each category of lost household services at the Richmond-area replacement wage for that task and at the hours the household's own composition and routine support, and are familiar with the court system and disclosure requirements that affect household services engagements in Kentucky.
Household services analysis for Richmond matters is directed by Christopher Skerritt, M.Ed., MBA, Chief of Economic Services, who is available to testify to it.
KW Economics offers complementary economic damages services for Richmond cases.
We also provide household services analysis in these Kentucky communities.
Yes. KW Economics provides household services analysis for attorneys handling matters venued in Richmond, Kentucky, for plaintiff and defense counsel across the case mix common to Richmond matters.
Earnings and household services are measured against the plaintiff's own records and against wage data for the Richmond area, with data for Kentucky as a whole used only where a local figure is unavailable and only with the substitution stated. The source behind every figure is documented so the loss can be traced and defended.
KW Economics provides full economic damages reports, preliminary damages estimates for settlement evaluation, reviews and rebuttals of opposing economic reports, and deposition and trial testimony, sized to both trial-track and settlement matters. The appropriate deliverable depends on case posture.
Request a consultation on Household Services in Richmond or call (201) 343-0700. Plaintiff and defense counsel.