KW Economics prepares lost earnings analysis for product liability cases venued in Oklahoma: what the loss claim consists of, the records that drive it, and a present value built to Oklahoma damages rules and venues. Plaintiff and defense.
Product liability claims often involve an injured person whose exposure to the product bears no relation to their occupation, so the lost earnings analysis is built from that person's own path rather than from the circumstances of the injury. The economist establishes the but-for earnings base from the earnings history or, for a child, student, or homemaker, from the educational path and occupational earnings data, projects it over the applicable worklife with growth, and sets against it the post-injury path the work-capacity opinions support. In a mass tort setting the same documented method is applied to each claimant's own records so results are consistent in method and individual in result.
Past and future lost earnings and fringe benefits for a person whose injury has removed them from work or reduced what they can earn. The analysis builds from the earnings history, projects the but-for path over the person's expected worklife with wage growth, and discounts the future stream to present value. When the person can still work in a reduced capacity, the loss is framed as diminished earning capacity, with the post-injury path drawn from a vocational opinion or the treating record and offset against the but-for projection.
The exposure tracks the injury: burns, amputations, and neurological injuries produce large future earnings and care losses; less severe injuries produce a bounded past loss and limited future treatment. Because product cases often involve children, homemakers, and retirees, the household services and care components frequently outweigh the earnings loss, and the analysis must be built from those components rather than from wage records that do not exist. For fatal injuries the exposure follows the wrongful death structure with the personal consumption deduction as the key assumption.
Oklahoma trial judges act as gatekeepers for expert testimony and ask whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. An economic damages report answers that inquiry by stating its assumptions and citing the data behind each one.
Highest court: Oklahoma Supreme Court. Court system: oscn.net.
Federal venues: Northern District of Oklahoma, Eastern District of Oklahoma, Western District of Oklahoma.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Oklahoma Workers' Compensation Commission.
Oklahoma's wrongful death action gathers the survivors' loss of support and companionship, grief, the decedent's pain and suffering, and medical and funeral expenses into a single recovery, and the courts have struck down a general legislative limit on noneconomic damages. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, evidence of medical expenses is limited to the amounts actually paid or owed, and prejudgment interest on a personal injury award begins to run only after a defined period following the filing of the suit.
We issue the final report in disclosure-ready form and provide deposition and trial testimony, rebuttal of opposing economic opinions, and updated calculations as new records arrive.
Product liability claims often involve an injured person whose exposure to the product bears no relation to their occupation, so the lost earnings analysis is built from that person's own path rather than from the circumstances of the injury. The economist establishes the but-for earnings base from the earnings history or, for a child, student, or homemaker, from the educational path and occupational earnings data, projects it over the applicable worklife with growth, and sets against it the post-injury path the work-capacity opinions support. In a mass tort setting the same documented method is applied to each claimant's own records so results are consistent in method and individual in result.
Oklahoma trial judges act as gatekeepers for expert testimony and ask whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. An economic damages report answers that inquiry by stating its assumptions and citing the data behind each one. Product Liability cases venued in Oklahoma are heard in the District Court (General jurisdiction; 26 judicial districts; all civil and criminal matters), with final appeals to the Oklahoma Supreme Court. Matters within federal jurisdiction proceed in the Northern District of Oklahoma, Eastern District of Oklahoma, and Western District of Oklahoma.
Oklahoma's wrongful death action gathers the survivors' loss of support and companionship, grief, the decedent's pain and suffering, and medical and funeral expenses into a single recovery, and the courts have struck down a general legislative limit on noneconomic damages. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, evidence of medical expenses is limited to the amounts actually paid or owed, and prejudgment interest on a personal injury award begins to run only after a defined period following the filing of the suit. The report presents past and future amounts separately, states every rate and table with its source, and shows the result under the alternatives the other side is likely to argue, so counsel can apply the Oklahoma rules to a documented figure.
Request a consultation on Lost Earnings or call (201) 343-0700. Plaintiff and defense counsel.