Litigative Economics

RRC has extensive experience in assisting attorneys in relating complex legal matters to economic, financial, and statistical evidence. RRC has been successful in the analysis of issues such as contract violations, product liability and warranty, theft of trade secrets, discrimination, monopolization, price-fixing, monopsony purchasing, boycotts, licensing restrictions, and damage theories. Often economic evidence suggests a line of argument, supported by sound economic theory, which narrows
the scope of a case and offers an efficient, effective avenue for successful litigation. 

Personal Injury and Wrongful Death Damages

The methodological approach to assessing personal injury and wrongful death damages is more uniform from case to case than analyses in commercial litigation. Nevertheless, there are choices to make competently in performing such analyses. Proper education and experience are crucial for these choices which, to be accurate, require an understanding of the methodology, the data used, the interest rates employed, and sources on which accurate analyses are based. In trial, a clear presentation is essential, but much credibility depends upon competent responses to cross examination. Issues commonly addressed include lost income and benefits, life cycle of income, taxes, lost household services, discounting for time, continuing medical expenses, among others. Analyses of personal injury and wrongful death damages must be efficiently conducted, evidence based, and competently conveyed to a jury.