How is it decided in Florida what a person’s future earnings would have been?

In the state of Florida, it can be somewhat difficult to decide what a person’s future earnings might have been or could have been. However, this is why we hire experienced economists to look at the history of this person that was injured. We look at the history of them based on their education, based on their work experience. What would they have earned moving forward? Obviously, if someone is highly educated, or highly trained, or had a good paying job, they will likely recover additional lost earning capacity moving forward, a higher amount of lost earning capacity, as opposed to someone who has less work experience.

Basically that economist, hiring that expert, getting them involved early on in the process to look at whether it’s tax returns, wage information, employment history or education, help make that determination about their future lost earning capacity.

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Written by
John Pape

John Pape is the Managing Partner at Weston & Pape and has more than 30 years of experience representing injured clients across Florida. A summa cum laude graduate of the University of Miami School of Law, he has devoted his entire career to personal injury cases, including motor-vehicle accidents, wrongful death, and nursing-home neglect. Recognized by Verdict7, The National Trial Lawyers Top 100, and Premier Lawyers of America, John is known for his thorough preparation and commitment to achieving meaningful results for his clients.

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