William E Harris

May 03, 2011 | The Legal Intelligencer

What is the value of fringe benefits in a lost earnings capacity claim? Too often, the lost value is assumed to be a percentage of lost earnings capacity without any analytical procedures to support the assumption beyond referencing overall employer cost data published by the government. And just as often, the forensic economist's assumed percentage of lost earnings fails to identify the specific lost fringe benefit(s) being valued. This provides no useful information to the court.

By William E. Harris

7 minute read

February 07, 2012 | The Legal Intelligencer

On Jan. 25, the Federal Reserve System issued a statement indicating that it currently anticipates economic conditions ? including low rates of resource utilization and a subdued outlook for inflation over the medium run ? are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014. The federal funds rate is the interest rate at which depository institutions actively trade balances held at the Federal Reserve, called federal funds, with each other, usually overnight, on an uncollateralized basis.

By William E. Harris

8 minute read

November 06, 2012 | The Legal Intelligencer

Calculating damages related to an impaired business can be a difficult task. No one has a crystal ball regarding the future. However, the valuation approach allows for a supportable and hopefully reasonable prediction of what would have happened had an impairment not occurred.

By William E. Harris

8 minute read

July 25, 2013 | The Legal Intelligencer

In my 20-plus years of assessing damages in personal and business disputes, I have been involved in many different types of cases. In some cases, discovery takes a scorched-earth approach, and in others, it takes "a scorched earth, and then some" approach.

By William E. Harris

7 minute read

February 01, 2011 | The Legal Intelligencer

In Pennsylvania, a "person's earnings capacity is defined not as an amount which the person could theoretically earn, but as that amount which the person could realistically earn under the circumstances, considering his or her age, health, mental and physical condition and training."

By William E. Harris

7 minute read

May 06, 2008 | The Legal Intelligencer

Earnings capacity is defined in Black's Eighth Edition Law Dictionary as a person's ability or power to earn money, given the person's talent, skills, training and experience.

By William E. Harris

8 minute read

October 28, 2008 | New Jersey Law Journal

Plaintiff's future wage calculation is overstated and can result in a potential windfall economically by putting the plaintiff in a better financial position than otherwise would have occurred "but for" the injury or fatality.

By William E. Harris

7 minute read

January 15, 2007 | Texas Lawyer

The value of a business and the percentage shares of that business depend on numerous objective and subjective factors.

By William E. Harris

7 minute read

October 05, 2010 | The Legal Intelligencer

In cases that involve a personal injury or wrongful death, plaintiffs (and their survivals) may be entitled to recover the economic value of lost household services that the injured party would have likely provided.

By William E. Harris

7 minute read

February 06, 2007 | The Legal Intelligencer

Most commercial litigators are aware that there are proposed amendments to the Federal Rules of Civil Procedure related to the discovery of electronically stored information, or ESI, as it is being referred to more and more.

By William E. Harris

7 minute read