KW Economics provides life care plan costing for matters venued in New Jersey. The plan's items, frequencies, durations, and unit costs are carried forward with medical cost growth appropriate to each category, discounted over the applicable life expectancy, and presented item by item so counsel and the trier of fact in New Jersey can follow each line from the plan to its present value. Authorship of the plan stays with its author; the economist's role is the translation of the plan into a damages figure. Plaintiff and defense.
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.
Reduction of a life care plan's line items to a single present value. The plan's items, frequencies, durations, and unit costs are carried forward with medical cost growth appropriate to each category, then discounted over the applicable life expectancy. Plan authorship stays with the life care planner; our role is the economic translation of the plan into a damages figure that reconciles with the plan and can be examined item by item.
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. Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the New Jersey Division of Workers' Compensation.
Life care plan costing for New Jersey matters is directed by Christopher Skerritt, M.Ed., MBA, Chief of Economic Services, who is available to testify to it.
Our experts serve clients throughout New Jersey, including the following communities.
KW Economics offers complementary services to support your New Jersey cases.
Yes. KW Economics provides life care plan costing for attorneys handling matters venued in New Jersey, for plaintiff and defense counsel, with the analysis sized to the engagement scope and built from the records that drive the claim and from data for the New Jersey market rather than from national averages.
A complete engagement typically includes a records request tailored to the claim (the life care plan itself, its unit-cost sources, and the life expectancy opinion it rests on), a review of the record and the pleadings, a written statement of assumptions, a report that presents each loss component and its present value, review and rebuttal of any opposing report, and deposition and trial testimony when required. Scope and turnaround are calibrated to the case posture and the governing disclosure framework.
Expert disclosure in New Jersey is scheduled case by case: in the New Jersey trial courts by the case management or scheduling order, and in the federal district courts serving New Jersey by the federal expert-disclosure framework, under which the written report, the materials considered, and the testimony history are served together. KW Economics confirms the disclosure date at retention and sizes the records request and turnaround to it; counsel confirms the governing deadline for the case.
Request a consultation on Life Care Plan Costing in New Jersey or call (201) 343-0700. Plaintiff and defense counsel.