Wrongful Death Economic Loss Cost

By KW Economics Editorial Team · Updated

Wrongful death analysis is billed at an hourly rate against a retainer established at the outset, with a written fee schedule and a cost estimate before work begins. The scope of the engagement, and so its cost, depends on the factors below.

How wrongful death is billed

Wrongful death analysis is billed at an hourly rate for records review, data collection, modeling, report preparation, and testimony. A retainer is established at the outset and applied against time incurred. The current rate schedule and retainer terms are provided on request and confirmed in a written engagement agreement.

What sets the scope

Wrongful death engagements are scoped to the number of loss components, the number of survivors whose support must be modeled, and the depth of the decedent's earnings and household record. A single wage earner with dependents and a clear work history is the narrowest scope; a self-employed decedent, a homemaker whose services must be reconstructed, or several survivor classes with different support periods widen it. We provide a written fee schedule and a cost estimate before work begins.

What drives cost

Also for this service

Schedule a consultation

Guides and methods

References

Request a consultation on Wrongful Death or call (201) 343-0700. Plaintiff and defense counsel.