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Ep 74: Why You Should Be Truthful When Discussing Financial Losses After Injury (Part 4 with Dr. Craig Galbraith)
Manage episode 446553742 series 3506535
Calculating financial losses in catastrophic injury cases can be difficult, especially when somebody doesn’t hasn’t kept detailed records. In the complex world of personal injury law, understanding the full scope of losses experienced by those who are catastrophically injured is crucial.
Failing to be truthful can create problems during a personal injury case, especially when you’re working with a forensic economist like Dr. Craig Galbraith. He’s back with us again for another chapter of our conversation and determining true value in these cases.
Today we’ll explore the various financial losses experienced by those who are catastrophically injured, including past and future income loss, household services, and medical care with the discussion extends to non-economic losses such as pain, suffering, and the hedonic loss of life's enjoyment. Dr. Galbraith shares his expertise on the role of forensic economists and the challenges faced in quantifying these losses.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:20 – Other financial losses for people who are catastrophically injured.
3:45 – What is done with the analysis offered by Dr. Galbraith?
6:57 – Understanding the role of insurance companies.
8:24 – Mistakes that negatively impact the ability to quantify financial losses.
11:14 – The importance of being truthful.
Learn more about how Speaks Law Firm can help you: https://www.speakslaw.com/
Schedule your FREE case review: https://www.speakslaw.com/our-team/r-clarke-speaks/#contactFormTarget
Find us on YouTube: https://bit.ly/3R40YMP
77 episodi
Ep 74: Why You Should Be Truthful When Discussing Financial Losses After Injury (Part 4 with Dr. Craig Galbraith)
The Verdict with the Catastrophic Injury Lawyer Clarke Speaks
Manage episode 446553742 series 3506535
Calculating financial losses in catastrophic injury cases can be difficult, especially when somebody doesn’t hasn’t kept detailed records. In the complex world of personal injury law, understanding the full scope of losses experienced by those who are catastrophically injured is crucial.
Failing to be truthful can create problems during a personal injury case, especially when you’re working with a forensic economist like Dr. Craig Galbraith. He’s back with us again for another chapter of our conversation and determining true value in these cases.
Today we’ll explore the various financial losses experienced by those who are catastrophically injured, including past and future income loss, household services, and medical care with the discussion extends to non-economic losses such as pain, suffering, and the hedonic loss of life's enjoyment. Dr. Galbraith shares his expertise on the role of forensic economists and the challenges faced in quantifying these losses.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:20 – Other financial losses for people who are catastrophically injured.
3:45 – What is done with the analysis offered by Dr. Galbraith?
6:57 – Understanding the role of insurance companies.
8:24 – Mistakes that negatively impact the ability to quantify financial losses.
11:14 – The importance of being truthful.
Learn more about how Speaks Law Firm can help you: https://www.speakslaw.com/
Schedule your FREE case review: https://www.speakslaw.com/our-team/r-clarke-speaks/#contactFormTarget
Find us on YouTube: https://bit.ly/3R40YMP
77 episodi
Tutti gli episodi
×1 Ep 74: Why You Should Be Truthful When Discussing Financial Losses After Injury (Part 4 with Dr. Craig Galbraith) 15:01
1 Ep 73: How Do You Calculate Household Services & Life Care Plans? (Part 3 with Dr. Craig Galbraith) 15:33
1 Ep 72: Calculating a Comprehensive Valuation In Personal Injury Cases (Part 2 with Dr. Craig Galbraith) 18:04
1 Ep 71: The Role Of Valuation and Appraisal In Personal Injury Cases (Part 1 with Dr. Craig Galbraith) 13:46
1 Ep 63: Mediation & the Legal Process Following Catastrophic Injuries with Sherman Criner (Part 2) 13:23
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