KW Economics prepares personal injury economic damages analysis for personal injury cases venued in Colorado: what the loss claim consists of, the records that drive it, and a present value built to Colorado damages rules and venues. Plaintiff and defense.
The integrated economic damages report brings every component of a personal injury claim into one document: past and future lost earnings, lost fringe benefits, the replacement cost of household services, and the present value of future medical and care costs from a life care plan or treating recommendations. The economist builds each component from its own records, then carries all of them to a single present value with the same worklife, life expectancy, growth, and discount assumptions, so the pieces reconcile and counsel can present the damages as a whole or by component. Contested assumptions are shown as sensitivity ranges.
An integrated economic damages report for an injured person: lost earnings and fringe benefits, lost household services, and the present value of future medical and care costs supplied by treating providers or a life care plan. One report carries every economic component to a single present value with consistent growth, discount, and life expectancy assumptions, so counsel can present the damages as a whole and the jury sees one set of numbers.
Which component dominates depends on the person's age, occupation, and residual capacity. For a young worker who can no longer perform a skilled trade, future earnings loss over a long worklife usually outweighs everything else. For a person who returns to work at reduced hours or lower pay, the loss is the gap between the but-for path and the post-injury path, and the size of that gap is the contested question. Where a life care plan exists, its present value is often the largest single figure in the report, and household services losses can be substantial when the injured person did most of the home's unpaid work.
Colorado applies a liberal but reliability-based inquiry: the trial court asks whether the economist's principles are reasonably reliable, whether the witness is qualified to apply them, and whether the testimony will help the jury, without requiring general acceptance. A damages report meets that inquiry by showing the published basis for each assumption and its application to the record.
Highest court: Colorado Supreme Court. Court system: courts.state.co.us.
Federal venues: District of Colorado.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the Colorado Division of Workers' Compensation.
Colorado's wrongful death action is measured by the net pecuniary loss to the heirs plus a limited allowance for grief, while the survival action for the estate excludes the decedent's pain and suffering. Awards are reduced after verdict by collateral-source payments other than benefits the plaintiff paid for by contract, recovery is barred once the plaintiff's fault reaches half, and prejudgment interest on personal injury awards runs from the date the claim accrued.
We issue the final report and provide deposition and trial testimony, rebuttal of opposing economic reports, and recalculation when the life care plan or the medical record is updated.
The integrated economic damages report brings every component of a personal injury claim into one document: past and future lost earnings, lost fringe benefits, the replacement cost of household services, and the present value of future medical and care costs from a life care plan or treating recommendations. The economist builds each component from its own records, then carries all of them to a single present value with the same worklife, life expectancy, growth, and discount assumptions, so the pieces reconcile and counsel can present the damages as a whole or by component. Contested assumptions are shown as sensitivity ranges.
Colorado applies a liberal but reliability-based inquiry: the trial court asks whether the economist's principles are reasonably reliable, whether the witness is qualified to apply them, and whether the testimony will help the jury, without requiring general acceptance. A damages report meets that inquiry by showing the published basis for each assumption and its application to the record. Personal Injury cases venued in Colorado are heard in the District Court (General jurisdiction; larger civil cases, felonies, domestic relations, probate), with final appeals to the Colorado Supreme Court. Matters within federal jurisdiction proceed in the District of Colorado.
Colorado's wrongful death action is measured by the net pecuniary loss to the heirs plus a limited allowance for grief, while the survival action for the estate excludes the decedent's pain and suffering. Awards are reduced after verdict by collateral-source payments other than benefits the plaintiff paid for by contract, recovery is barred once the plaintiff's fault reaches half, and prejudgment interest on personal injury awards runs from the date the claim accrued. 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 Colorado rules to a documented figure.
Request a consultation on Personal Injury or call (201) 343-0700. Plaintiff and defense counsel.