KW Economics prepares personal injury economic damages analysis for personal injury cases venued in New Mexico: what the loss claim consists of, the records that drive it, and a present value built to New Mexico 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.
New Mexico courts ask the trial judge to act as gatekeeper for expert testimony, examining 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. A damages report answers those questions by stating its assumptions and citing its sources.
Highest court: New Mexico Supreme Court. Court system: nmcourts.gov.
Federal venues: District of New Mexico.
Outside the civil courts, wage-loss disputes in workers' compensation matters proceed before the New Mexico Workers' Compensation Administration.
New Mexico measures wrongful death by the worth of the decedent's life from the decedent's own standpoint, a recovery that belongs to the estate and includes lost earnings, the value of the decedent's life apart from earnings, and the decedent's own pre-death damages, with loss of consortium brought separately by close family. Pure comparative fault reduces the award in proportion, the common-law collateral source rule applies, and prejudgment interest is discretionary and weighs each party's settlement conduct.
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.
New Mexico courts ask the trial judge to act as gatekeeper for expert testimony, examining 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. A damages report answers those questions by stating its assumptions and citing its sources. Personal Injury cases venued in New Mexico are heard in the District Court (General jurisdiction; 13 judicial districts; all civil, criminal, and domestic matters) and the Bernalillo County Metropolitan Court (Largest limited jurisdiction court; covers Albuquerque), with final appeals to the New Mexico Supreme Court. Matters within federal jurisdiction proceed in the District of New Mexico.
New Mexico measures wrongful death by the worth of the decedent's life from the decedent's own standpoint, a recovery that belongs to the estate and includes lost earnings, the value of the decedent's life apart from earnings, and the decedent's own pre-death damages, with loss of consortium brought separately by close family. Pure comparative fault reduces the award in proportion, the common-law collateral source rule applies, and prejudgment interest is discretionary and weighs each party's settlement conduct. 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 New Mexico rules to a documented figure.
Request a consultation on Personal Injury or call (201) 343-0700. Plaintiff and defense counsel.