Economic Loss Analysis

Economic loss can occur in business settings, due to catastrophic events such as floods and fire, as a result of employees breaching non-compete covenants, or cases of patent infringement. For an individual economic loss can occur as a result of wrongful termination, job discrimination, or injury or death as a result of negligence of a third party. Crucial to the proof on economic loss is the ability to isolate the consequences of the action from other sources such as economic downturn or new government regulation. Our training in the area of economic and statistical analysis can be crucial to the isolation and projection of the loss due to the event that has caused the loss. The cors for economic loss is dependent upon the analysis that is required. It is our policy to analyze and prepare economic loss reports on a fixed fee whenever possible so the client does not face and unknown and ever increasing cost to prepare for litigation.