The Witness Box

Commenting on expert evidence, economic damages, and interesting developments in injury, wrongful death, business torts, discrimination, and wage and hour lawsuits

Monday, October 18, 2004

Inside Lost Compensation.Com

Recent buzzzz:

A number of bloggers, such as Newmarks door and others, have recently asked how can we offer our economic damage reports for so cheap? They have suggested that there must be something a-miss with our service.

Our Response:

As you could guess, the response to our novel service has been overwhelming. While our services do not fit the bill for all attorneys, a significant number of attorneys have found that our services is exactly what they need.

We have been able to provide these attorneys with economic damage reports that are equal to or better than the ones that they had been used to receiving from their local economists. And as our clients know, all of our economic damage reports are produced by Ph.D. University economists. A number of economists have also successfully provided economic testimony in trial and hearings.

We have found that our system allows our economic experts to just do their jobs. Having Ph.D. economist just do analysis and not admin work, allows us to provide attorneys with a superior economic damage report at a substantial savings.

As for our service, while we can not and do not guarantee that our damage reports will survive a Daubert challenge, we do ensure that our experts adhere to generally accepted principles when constructing our economic damage analysis.

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