FORENSIC ECONOMICS

Forensic economics is defined as the scientific discipline that applies economic theories and methods to matters within a legal framework.  Forensic economics includes the calculation of economic damages in personal and commercial litigation.  Simon’s experts have extensive experience performing economic analyses related to claims for lost profits, lost earnings, breach of contract, personal injury and business interruptions.

Simon’s expertise includes:

  • Expert Witness Testimony in Federal and State courts and arbitration matters
  • Complex Commercial Damage Analysis
  • Lost Earnings and Fringe Benefits Analysis arising from tort claims including:
    • Personal Injury
    • Medical Malpractice
    • Wrongful Death
    • Wrongful Termination
  • Valuation of Life Care Plans/ Cost of Care Assessments
  • Loss of Household Services
  • Lost Profits and Business Interruption Matters
  • Economic Studies of Industries and Markets
  • Insurance Claim Determinations