Economic Loss Assessment
Purinton Analytics provides vocational evaluation and life care planning services in legal and administrative matters. Economic loss assessments are developed in coordination with qualified economists, with each discipline contributing within its respective scope of practice.
The purpose of this approach is to ensure that vocational opinions, care planning, and economic calculations are based on consistent underlying information.
Our Methodology
Economic loss assessments are developed through a structured review of case materials, including medical records, employment history, earnings documentation, and other relevant information provided. Vocational evaluations are conducted using established practices within the field of vocational rehabilitation, including assessment of work history, education, skills, and labor market considerations.
Where applicable, life care planning is used to identify projected medical and support needs. Economic calculations are performed by or in coordination with qualified economists, who apply standard economic methodologies to the vocational and life care inputs.
All opinions are based on the information available at the time of analysis. If additional information becomes available, findings and conclusions may be subject to revision.
Economic Loss Assessment Services:
- Lost Earnings and Earning Capacity Analysis: Evaluation of past and potential future income loss based on available employment, earnings, and vocational data.
- Economic Loss in Personal Injury, Wrongful Death, and Disability Matters: Case-specific analyses that may consider factors such as work-life expectancy, earnings history, and labor market information.
- Economic Analysis Tied to Life Care Planning: Coordination of life care plan projections with economic calculations of associated costs over time.
- Expert Economic Testimony: Testimony provided, when requested, regarding vocational findings and their relationship to economic analyses.
For additional information regarding vocational evaluations, life care planning, or coordination with economic analysis, contact Purinton Analytics.