KW Economics provides lost earnings analysis for cases venued in Chicago, Illinois. In Chicago the earnings base is tested against occupational wage data for the Chicago area, and the fringe benefits, worklife expectancy, wage growth, and discount rate behind the projection are each documented with their source so the loss can be traced and tested at deposition. Civil claims arising in Chicago are typically heard in the Circuit Court sitting in Cook County. Deposition and trial testimony are available for Chicago matters, in person or by remote appearance where the forum allows.
Employers such as City of Chicago, Chicago Public Schools, and Cook County Government shape the Chicago labor market, and where an analysis turns on local economic conditions it measures them against Chicago-area data and the records of the person or business at issue rather than against a citywide average. Plaintiff and defense.
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.
KW Economics serves counsel throughout Chicago and the surrounding Cook County area. Our economists measure lost earnings, fringe benefits, and post-injury earning capacity against wage data for the Chicago area and the plaintiff's own records, and are familiar with the court system and disclosure requirements that affect lost earnings engagements in Illinois.
Lost earnings analysis for Chicago 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 Chicago cases.
We also provide lost earnings analysis in these Illinois communities.
Yes. KW Economics provides lost earnings analysis for attorneys handling matters venued in Chicago, Illinois, for plaintiff and defense counsel across the case mix common to Chicago matters.
Earnings and household services are measured against the plaintiff's own records and against wage data for the Chicago area, with data for Illinois 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 Lost Earnings in Chicago or call (201) 343-0700. Plaintiff and defense counsel.