Determining Personal Consumption

When dealing with a personal injury or medical malpractice matter that results in a wrongful death, it is important to remove the personal consumption of the Decedent when calculating damages.  Indivisible expenses are not to be included as part of the Decedent’s personal consumption at all. When calculating personal consumption, it is important to take […]
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How to Estimate a Plaintiff’s Retirement Age

When a Plaintiff can no longer work due to an injury, the loss of future earnings will span from the date of the incident all the way through their pre-incident retirement date. When most people think of retirement, age 65 is usually what pops into mind. To qualify for full Social Security Retirement Benefits, individuals […]
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Arbitration Agreements Waiving Class Actions Do Not Violate the NLRA, Rules Supreme Court

The U.S. Supreme Court ruled that arbitration agreements requiring that an employer and an employee resolve any employment disputes through one-on-one arbitration do not violate the National Labor Relations Act (NLRA). In an opinion authored by Justice Neil Gorsuch, the Court ruled 5-to-4 that the Federal Arbitration Act (FAA) dictates that arbitration agreements be enforced, […]
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CELA 2017

K2 Economics will be exhibiting at the CELA 30th Annual Conference Friday-Saturday, October 20-21, 2017. Please visit us Booth #8. We hope to see you there!
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CAALA Vegas 2017

K2 Economics will be exhibiting at CAALA Vegas 2017 this Labor Day Weekend, August 31 to September 3 . Please visit us at booth 341. See you in Vegas! -K2 Economics
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Economic Damages for Undocumented Workers

With the recent election results dominating headlines everywhere, many are anticipating swift and dramatic changes in various sectors of U.S. policy. One such area garnering attention is immigration. California has the highest number of undocumented workers in the country. It will be interesting to see how the new policies will affect  undocumented workers when filing […]
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Data Breaches and Cyber Liability Assessment

Today, technological advances are made seemingly daily and institutions large and small from governments and Fortune 500 Companies to mom and pop shops are becoming increasingly reliant on technology and in turn increasingly vulnerable.  The biggest appeal of technology is that it can make business far more efficient and reduce costs.  However, as economists, we […]
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employer withholding

Employer Withholding on Employment Awards

Tax ruling confirms protocol on job-related judgments The California Court of Appeal recently confirmed that employment-related settlements or judgments are wages from which employers must withhold payroll taxes. In Cifuentes v. Costco Wholesale Corp., Cifuentes challenged former employer Costco’s withholding of payroll taxes from a wrongful termination judgment. The court ruled in favor of Costco, […]
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economic damages

When Pain & Suffering is Taken out of the Equation

In many cases, pain and suffering, which is considered non-economic damages, is a significant portion of the total damages. For example, the case of Russell Sheaffer vs. NuCO2* was one where the Plaintiff suffered personal injuries as a result of a motor vehicle incident. In June of 2015, the Plaintiff was awarded over $17 million in damages. […]
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Expert Economist vs No Economist

The Cost of Not Hiring an Expert Economist in a Personal Injury Case

There are lawyers that often do not utilize the services of an expert economist, especially when the earnings portion of the case appears cut and dry. Instead, they choose to calculate the damages in-house in the interest of cutting costs. We are going to discuss a hypothetical personal injury case which seems to have a […]
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