Having a good working knowledge of the different methods available for calculating the present value of future lost income in personal injury and wrongful death cases gives an expert an opportunity to demonstrate his or her expertise in the forensic economic field. This article will visit three methods and expand on their similarities and differences. The U.S. Supreme Court, various Federal Circuit Courts of Appeal, and numerous state Supreme Courts have provided decisions highlighting three different methods available for calculating the present value of future lost income in personal injury and wrongful death cases. These methods are discounting using the…
