Our core service is comprehensive economic damages analysis, conducted by experienced economists. Using established principles and methods of economic science, we quantify lost earnings, household services, non-wage benefits, future cost of care, and other economic losses in personal injury and wrongful death cases. Our economists also use the literature of economics and psychology to relate income to subjective well-being when estimating non-pecuniary damages, such as grief, pain and suffering, and loss of society. Each analysis is grounded in decades of scholarly economic literature and tailored to the facts of the case, ensuring reliability, transparency, and courtroom readiness. LAI specializes in analyzing economic loss using principles from labor (human capital) economics, health economics, price theory (microeconomics), and econometrics.
We produce detailed, well-documented expert reports designed to withstand scrutiny in litigation. Our work products include reports with appropriate citations to mainstream economic literature, ensuring methodological reliability and general acceptance. We also conduct thorough critiques of opposing experts’ reports, identifying unsupported assumptions, methodological flaws, and departures from accepted economic practice — providing law firms with a strategic advantage both in damages and other aspects of their case.
LAI offers comprehensive economic litigation consulting throughout the life of a case. From discovery support and document review to deposition preparation and expert consultation, we work closely with attorneys to clarify economic issues and strengthen case strategy. Our economists assist with Daubert and Frye challenges, mediation preparation, and settlement negotiations. We also support cross-examination of opposing economists, life care planners, and vocational experts and, of course, provide testimony at trial.
We believe informed clients make stronger cases. Our economists regularly provide education and training for attorneys and their clients through seminars, videoconferences, roundtable discussions, and in-person speaking engagements. These sessions focus on economic damages methodology, applied economic analysis, and emerging issues in economics that relate to litigation, helping legal teams better understand and effectively use legitimate economic evidence.
