Household Services Valuation Process

By KW Economics Editorial Team · Updated

A household services engagement moves through 5 steps, from the conflict check to testimony. Each step ends in something counsel can review, and the typical timeline shows how long each phase runs.

Engagement process

  1. Retention and conflict check: We confirm conflicts, establish whether the claim is a stand-alone valuation or a component of a larger damages report, establish the retainer, and set the deadline.
  2. Records and data request: We request household composition, the person's pre-injury role in the home, work schedules, medical restrictions bearing on household work, and any life care plan that projects attendant care.
  3. Analysis and modeling: We apply national time-use hours adjusted to the household, apportion the loss by category where the injury leaves some capacity intact, price each category at local replacement wages, and project and discount the loss over the applicable period.
  4. Draft report and counsel review: We deliver a draft showing hours, wage rates, and present value by category, and review it with counsel and any coordinating expert for consistency.
  5. Final report and testimony support: We issue the final report and provide deposition and trial testimony and rebuttal of opposing household services opinions.

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Schedule a consultation

Guides and methods

References

Request a consultation on Household Services or call (201) 343-0700. Plaintiff and defense counsel.