How to calculate lost earnings – It’s much more than just setting a dollar amount

Description

Abstract: A plaintiff might sue for lost earnings for many reasons. And while it might seem as though calculating the depth of damages is a simple matter, there’s much more to it than setting a dollar amount. This article looks at the steps involved in calculating lost past earnings — or earnings the plaintiff would have received from the time of the incident until trial — and then estimating future earnings. The plaintiff’s damages are generally equal to the present value of the difference between those two numbers.