BENEFITS OF OUR
Our processes provide answers in real time, no more waiting. Know what your case is worth today.
For $449 we provide a complete written analysis for your file. These reports apply standard economic principals, yield present and future damages, and provide unsurpassed value.
Select from a variety of economic components and customize your report. We can provide valuations for earnings & benefits, retirement income, household services, and medical expenses.
Utilize and alternate statistical reports while you build the life model. If the statistics are not appropriate for your life model, manually input the correct information.
Our reports have been rigorously tested against those utilized in real cases. There is no statistically significant difference in result when the same assumptions are used.
Do you utilize CRM software like Salesforce of Clio? Juris Economics integrates with your existing API to automatically generate reports and store economic results in your casefile.
The starting point for an individual economic assessment is the demographics page. Here, you will answer a series of demographic questions for the individual whom you would like to assess. Our questions utilize a series of dropdowns along with direct entry fields. Help tabs are provided to assist you along the way.
Statistical values are generated and applied after the report is configured and demographics are in place. Results are available from a variety of sources and are used to generate life expectancy, work life expectancy, household services, wage rates, and consumption rates. These values are then applied to the previously supplied demographics to generate a complete life model.
We being to build your life model once the demographics are entered. Users determine the configuration, valuation period, and date of valuation. The configuration can be set to include earnings and benefits, retirement income, household services, and consumption or any combination of these variables. The valuation period sets the time for which cumulative values are calculated. The date of valuation centers time value of money calculations and separates past and future values.
With a complete life model in place, we calculate the daily value of each economic variable the report has been configured for. Daily values are calculated in discounted present value and undiscounted future value amounts. Past and future amounts are calculated along with cumulative values. At this point, the full economic report is available for review.
Generates a report providing an economic assessment of an individual or a life care plan valuation.
For high volume users, we provide customized pricing to meet your economic valuation needs.
Automated reports use the same academic framework all economists do. When the same assumptions are used, our reports yield identical results to those generated by economic experts.
While we can’t comment on matters of admissibility that may vary by jurisdiction. If a foundation is laid by an appropriately qualified expert, our reports should be treated just like any other.
We are constantly stiving to improve our processes. If you have a report from an expert witness we have not received a report from in the past 12 months, we will give you a free report in exchange.
Depending on the circumstance we may be available as a retained expert. We also strive to match our reports to those calculated by experts witness reports. If your report matches that of another expert, we are happy to provide you with their information.
If you are uncomfortable making selections, schedule an appointment with one of our team members. We will guide you through the process, entering data, refining assumptions, and configuring the report.