Tag Archives: employment
Economic Analysis in Employment Case, Part 2

Economic Analysis in Employment Case, Part 2

HISTORIC LOSS (‘Back-pay’)

This period is from time of incident to date of trial. Wage growth rates could be used but no discounting.

Adjustment for promotions, “lost-chance” damages: Backpay may be increasedto take into account promotions the employee was likely to have received. [See Bishop v. Gainer (7th Cir. 2001) 272 F.3d 1009, 1015-1016].

Read more
Economic Analysis in Employment Cases, Part 1

Economic Analysis in Employment Cases, Part 1

Worklife is a statistical average of the number of years a person will be working. It factors out the probability of death, sickness, child rearing, and leaving the labor force.

Read more