What's the value of a deceased person, a victim's injuries, a
contaminated water well? Formulas for Calculating Damages draws from
the fields of law, accounting, economics, and statistics to provide a
variety of formulas that help professionalize the practice of law,
bolster the quality of advice provided to clients, and generate a more
responsibly and skillfully presented case for damages.
These formulas can be applied to thousands of case scenarios and used to
informally estimate the value of a case, to negotiate or mediate
settlements, or to prove damages in the course of a trial. However, they
also serve many other purposes: deciding whether to accept or reject a
case, whether to hire an employee or retain a contractor, whether or not
to sell a business, etc.
In 20 chapters, Formulas for Calculating Damages addresses basic rules
and strategies - including calculating interest, measuring probability,
the key rates of return, and financial ratios - and introduces the most
fundamental formulas, then applies those formulas to the major practice
specialties: personal injury and wrongful death, business cases,
employment law, real estate, environmental law, bankruptcy, intellectual
prop-erty, and family law. The last chapter provides a detailed
examination of the retention of forensic experts and the top rules for
using them strategically. Among the changes to this second edition are
new Chapter 4 (Speed Math, Estimation, and Memorization) and Chapter 19
(Admiralty and Aviation Law Damages).
