“It’s the economy, Your Honor.” That is the answer that might explain why future loss projections made in the past few years may have not only missed the mark, but may have missed the side of the barn.
So many of those future loss claims that have been put forth and ruled on over the past few years may no longer be reliable. So goes the world of projecting and forecasting. What does this mean to attorneys and damage experts who must now continue to make similar projections into the future?
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