K2 Economics, Inc., Glendale, CA Videos
Videos by K2 Economics, Inc. in Glendale. At K2 Economics, we strive to offer our clients professional economic & business services to assist them in various phases of litigation
Most employees receive retirement benefits from their employers. The 2 main types of retirement benefits are Defined Benefit plans (a tradition pension) and Defined Contribution plans (401k, IRA, etc). While a majority of public sector employees still have pension plans, a great majority of private industry employees currently are enrolled in 401ks. In this video we discuss the advantages and disadvantages of each type of plan and how they affect economic damages in civil litigation. When calculating the present value of retirement benefits, a traditional pension plan will usually result in significantly higher economic damages.
K2 Economics is a California based expert economic consulting firm with a team of highly qualified Ph.D. economists. We provide expert witness testimony & custom, cost-effective damages reports for trials and mediations for both Plaintiff and Defense.
Learn more at www.k2economics.com
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Most employees receive retirement benefits from their employers. The 2 main types of retirement benefits are Defined Benefit plans (a tradition pension) and Defined Contribution plans (401k, IRA, etc). While a majority of public sector employees still have pension plans, a great majority of private industry employees currently are enrolled in 401ks. In this video we discuss the advantages and disadvantages of each type of plan and how they affect economic damages in civil litigation. When calculating the present value of retirement benefits, a traditional pension plan will usually result in significantly higher economic damages. K2 Economics is a California based expert economic consulting firm with a team of highly qualified Ph.D. economists. We provide expert witness testimony & custom, cost-effective damages reports for trials and mediations for both Plaintiff and Defense. Learn more at www.k2economics.com
Q&A with our senior economist, Arsine Khayoyan, Ph.D If you have any questions about damages, please message us and we will answer them in the next video! K2 Economics is a California based expert economic consulting firm with a team of highly qualified Ph.D. economists. We provide expert witness testimony & custom, cost-effective damages reports for trials and mediations for both Plaintiff and Defense. Learn more at www.k2economics.com
Wrongful Death & Economic Damages
When injuries or medical negligence leads to a wrongful dealth, the expert economists at K2 Economics can assist you in calculating the damages. Wrongful death matters are unique in the sense that we need to deduct the Decedent's personal consumption from the loss of support from earnings/benefits and factor in the loss of household services.
K2 Economics is a California based expert economic consulting firm with a team of highly qualified Ph.D. economists. We provide expert witness testimony & custom, cost-effective damages reports for trials and mediations for both Plaintiff and Defense.
Learn more at www.k2economics.com
A great majority of cases settle before trial begins. Attorneys may be tempted to forego the costs of retaining an economist when they believe there is a high probability of settlement. In this video, we discuss how the K2 Economics mediation reports can be an invaluable tool to help you settle your case. Our mediation reports are extremely cost-effective, have a quick turnaround time, and can calculate damages for various different scenarios, providing attorneys with a defined range of their client's damages. K2 Economics is a California based expert economic consulting firm with a team of highly qualified Ph.D. economists. We provide expert witness testimony & custom, cost-effective damages reports for trials and mediations for both Plaintiff and Defense. Learn more at www.k2economics.com
Future Medical Care Costs & How They Affect Damages
In serious injury cases, the Plaintiff often requires continuous future medical care. Sometimes, the future medical costs are so high that they can be the largest component of total damages. While a life care planner will prepare a report detailing the type of care, the frequency, and the current costs, they will not discount the costs to their present cash value as required by the courts. Having an economist to estimate the present value of future damages is vital because the costs for medical goods and services increase at a higher rate than overall inflation. Furthermore, each type of medical care has historically had very different price changes. It is important for an economist to accurately forecast the future growth of each component of medical care the Plaintiff will require and then discount it to its present cash value.
K2 Economics is a California based economic consulting firm with a team of highly qualified Ph.D. economists. We provide expert witness testimony & custom, cost-effective damages reports for trials and mediations for both Plaintiff and Defense.
Learn more at www.k2economics.com
How Interest Rate Affect Damages
Interest Rates have a tremendous affect on the damages awarded to a Plaintiff. If the interest rate is off by a percentage or 2, the damages will be off by up to hundreds of thousands of dollars. Do not risk relying on an inexperienced jury to assign the proper interest rate. When future losses are significant, it is extremely beneficial to hire an expert economist.