PI-Economist automatically calculates damages and generates convincing reports in personal injury, medical malpractice and product liability cases.
This remarkable program is widely used by attorneys, economists, accountants, and rehab experts who do expert witness testimony.
Having easy access to the tools and reference works that detail all past and future damages with present value analyzed by year and by total, automatic fottnoting of references, and concise reporting gives clarity and authority to the final results.
Getting started with PI-Economist is as easy as following its data wizard to guide you through entering basic case information in just minutes. A complete set of tutorials walks you through program features, telling you what the software is designed to do. You will see how the information contained in a sample case is entered and calculated. All program functionality resulting in the printing of the finished report is thoroughly explained and demonstrated.
Life and worklife expectancy are calculated automatically as you enter the plaintiff's sex, race, date of birth, injury date and trial or settlement date. Worklife expectancy can be customized by choosing any one of the four major worklife expectancy studies and by selecting the educational attainment of the plaintiff.
The Household Services module uses the most recent study on the value of household services for men and women from Cornell University to make estimating these damages quick and easy, and gives you the confidence of knowing you are working with the most recent data available.
There is also a module for the calculation of Fringe Benefits, by category and by industry, based on the annual reports on fringes prepared by the Research Council of the National Chamber of Commerce.
An Occupations Catalog full of real occupations and the wage rates paid is included. This data, updated annually, is from the Bureau of Labor Statistics.
A project timer automatically starts as you begin working, and allows you to automatically note the time elapsed in the Case Notebook when you have finished. The notebook, itself, is a place to keep track of assumptions, methods and questions raised while working on the case. It can be printed with the report, or not, as you choose.
Footnotes for the tables you use are automatically inserted in the report when printed, showing the source of information for all tables relied upon by the program. If you use data from other sources, you may change the footnote to reflect the source of your data.
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