Attorneys considering a hedonic damage analysis
Further note on Dr. Stan Smith and hedonic damages...
If you are an attorney considering incorporating hedonic damages into your case, you may want to consider looking at Dr. Stan Smith's service and website http://www.smitheconomics.com
His group, Corporate Financial Group, Inc., offers hedonic damage analysis (as well as regular damage analyses). Like our economist at lostcompensation.com, Dr. Smith charges a flat rate for his services. According to their website, Dr. Stan Smith charges $3,765 for a hedonic damage analysis and $2,765 for a regular, i.e. lost wages, type analysis.
An excerpt from his website concerning his fees is below:
(From Dr. Stan Smith's website)
EVALUATION FEES: Loss evaluations and the accompanying services described above are provided on each separate business unit or person involved in a matter. In personal injury cases, these services and evaluations, whether written or oral, for all tangible losses such as lost earnings and benefits, medical costs, etc., are $2,765. Loss evaluations and services for all intangible (so-called hedonic) losses in injury or death, including loss of society and companionship, are also $2,765. Services and evaluations reflecting both tangible and intangible losses in combination are $3,765. While rare, if complexity arising in estimating losses involves any additional cost, you will be notified in advance. Complex commercial litigation fees are charged on an hourly basis.
If you are an attorney considering incorporating hedonic damages into your case, you may want to consider looking at Dr. Stan Smith's service and website http://www.smitheconomics.com
His group, Corporate Financial Group, Inc., offers hedonic damage analysis (as well as regular damage analyses). Like our economist at lostcompensation.com, Dr. Smith charges a flat rate for his services. According to their website, Dr. Stan Smith charges $3,765 for a hedonic damage analysis and $2,765 for a regular, i.e. lost wages, type analysis.
An excerpt from his website concerning his fees is below:
(From Dr. Stan Smith's website)
EVALUATION FEES: Loss evaluations and the accompanying services described above are provided on each separate business unit or person involved in a matter. In personal injury cases, these services and evaluations, whether written or oral, for all tangible losses such as lost earnings and benefits, medical costs, etc., are $2,765. Loss evaluations and services for all intangible (so-called hedonic) losses in injury or death, including loss of society and companionship, are also $2,765. Services and evaluations reflecting both tangible and intangible losses in combination are $3,765. While rare, if complexity arising in estimating losses involves any additional cost, you will be notified in advance. Complex commercial litigation fees are charged on an hourly basis.
posted by The Experts @ 6:17 PM
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