Financial Experts Analyze Inventor’s Earning Potential
This case takes place in Florida and involves a deceased inventor who died in an automobile accident. He worked at various prestigious technology companies throughout his career, ranging from Apple to IBM. He studied engineering at MIT, after which he went on to design and develop several important video technologies. He holds dozens of patents, and was consistently productive throughout his career up until his untimely death. The plaintiff alleges that given this man’s education, credentials, experience and inventive talent, he had an immense earning potential.
Question(s) For Expert Witness
1. Do you have experience forecasting/calculating what an individual would likely earn over time?
2. Do you have experience calculating the value of earnings over time?
Expert Witness Response E-008207
I have worked on many vocational cases to assess earning capacity (forecasting/calculating). I have been trained to perform present value calculations (value of earnings over time), and I am capable of performing these calculations properly. From the information on the inventor's life provided it appears that his earning potential was significant.
About the author
Joseph O'Neill
Joe has extensive experience in online journalism and technical writing across a range of legal topics, including personal injury, meidcal malpractice, mass torts, consumer litigation, commercial litigation, and more. Joe spent close to six years working at Expert Institute, finishing up his role here as Director of Marketing. He has considerable knowledge across an array of legal topics pertaining to expert witnesses. Currently, Joe servces as Owner and Demand Generation Consultant at LightSail Consulting.
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