KW Economics prepares lost earnings analysis for product liability cases venued in South Carolina: what the loss claim consists of, the records that drive it, and a present value built to South Carolina 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.
South Carolina courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable basis, and whether it will assist the fact finder, under a reliability inquiry of the state's own that does not adopt the federal test. An economic damages report meets that inquiry by showing the published basis for each assumption and its application to the record.
Highest court: Supreme Court of South Carolina. Court system: sccourts.org.
Federal venues: District of South Carolina.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the South Carolina Workers' Compensation Commission.
South Carolina pairs a wrongful death action for the beneficiaries' pecuniary loss, mental shock, wounded feelings, and loss of companionship with a survival action for the decedent's pre-death losses and suffering, both brought by the personal representative. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, the common-law collateral source rule applies, statutory limits apply to noneconomic damages in medical malpractice claims while economic damages are unlimited, and prejudgment interest is generally limited to liquidated sums.
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.
South Carolina courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable basis, and whether it will assist the fact finder, under a reliability inquiry of the state's own that does not adopt the federal test. An economic damages report meets that inquiry by showing the published basis for each assumption and its application to the record. Product Liability cases venued in South Carolina are heard in the Circuit Court (General jurisdiction; larger civil cases, felonies; two divisions, Common Pleas for civil and General Sessions for criminal matters), with final appeals to the Supreme Court of South Carolina. Matters within federal jurisdiction proceed in the District of South Carolina.
South Carolina pairs a wrongful death action for the beneficiaries' pecuniary loss, mental shock, wounded feelings, and loss of companionship with a survival action for the decedent's pre-death losses and suffering, both brought by the personal representative. Recovery is barred once the plaintiff's fault exceeds the combined fault of the defendants, the common-law collateral source rule applies, statutory limits apply to noneconomic damages in medical malpractice claims while economic damages are unlimited, and prejudgment interest is generally limited to liquidated sums. 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 South Carolina rules to a documented figure.
Request a consultation on Lost Earnings or call (201) 343-0700. Plaintiff and defense counsel.