What is a vocational economic
analyst?
Traditionally personal injury and medical malpractice attorneys
employed both a vocational expert and a forensic economist.
Testimony and cross-examination was often dominated by arcane
discussions by vocational experts regarding aptitudes, skill levels
of previous employment, etc. Equally incomprehensible testimony
regarding discount rates, growth rates and economic projections
dominated the economist’s testimony and examination. Sometimes a
forensic economist would produce projections of loss based upon
total disability but upon cross-examination the vocational expert
would have to admit that he/she found similar cases far from totally
disabled.
Combining the two types of experts was a concept that was
pioneered by Anthony Gamboa and John Tierney of Vocational
Economics Inc. They also insisted upon using the statistically
available estimates of future work-life made possible by
government surveys. This newer method has been improved over the
years and has been used successfully all over the country.
Amazingly, economic testimony and vocational testimony is still
often dominated by discussions that are as irrelevant as they are
difficult to understand. I have been very successful in simplifying
these discussions and showing juries, judges and attorneys what the
really relevant questions and answers are when seeking to determine
an economic loss (or lack thereof). In particular, as a result of
the peculiarities of New York law, I do the bulk of my work in New
York State and much of it in the Hudson Valley, where I reside. I
have been steadily increasing my practice in Philadelphia, PA (where
I also have a home and office) and the surrounding regions.
Pennsylvania law lends itself very easily to the total offset
method, which I employ. I am also quite well-acquainted with the
need for tax analysis as mandated by New Jersey law.
Forensic
Economist (wiki)
Vocational Expert (wiki)
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