A Primer on Economic Damages for Litigators
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Shireen Meer discusses how attorneys can benefit from understanding the basic framework of economic damages, which aids in discovery, theory alignment, information requests, and litigation strategies to identify weaknesses in opposing experts’ analysis.
Economic damages typically are calculated as the difference between actual earnings and what earnings would have been without the harmful event, requiring careful construction of a “but-for” scenario and consideration of other influencing factors.
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