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Torts

American University Washington College of Law

2013

Life expectancy

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Full-Text Articles in Law

Using Problems To Teach Quantitative Damages In A First Year Torts Class, Paul F. Figley Jan 2013

Using Problems To Teach Quantitative Damages In A First Year Torts Class, Paul F. Figley

Articles in Law Reviews & Other Academic Journals

This article suggests an exercise that demonstrates to beginning law students the complexity of calculating damages in personal injury litigation. It shows the straight-forward method of calculating the lost future earnings of an injured working adult, and the greater complexity of calculating the lost future earnings of an injured child. It explains how to use life expectancy tables and work-life expectancy tables to calculate lost future income. It shows how to use future value tables to compute the amount of money needed today to replace a flow of income for a set period in the future. It provides examples of …