Forensic Economics

forensic economics

Forensic economics is the scientific discipline that applies economic theories and methods to matters within a legal framework.

Forensic economics covers, but is not limited to:

  • the calculation of pecuniary damages in personal and commercial litigation,
  • the analysis of liability, such as the statistical analysis of discrimination, the analysis of market power in antitrust disputes, and fraud detection, and
  • other matters subject to legal review, such as public policy analysis, and business, property, and asset valuation. [Definition adopted by National Association of Forensic Economics Board of Directors, 7/21/2013]

A graduate degree in economics is the usual baseline qualification of forensic economists. Other persons who provide economic damages related testimony include persons with graduate degrees in business / finance / accounting, financial analysis, and vocational rehabilitation specialists.

A forensic economist is essential for computing the value of loss of income, household services, etc. over a lifetime. This expert will assist in determining life expectancy, wage growth, applicable interest rates, and the cost of care into the future.


The Law Office of J. Michael Solar PLLC possesses the knowledge, skill and financial resources to assemble the team necessary to present your best serious injury or wrongful death case: doctors, investigators, videographers and accident reconstructionists to name just a few.

The successful prosecution of any claim for a serious injury or death requires immediate action by the victim or his family. The Law Office of J. Michael Solar PLLC is ready to launch the investigation now: photograph the scene, identify eyewitnesses and preserve physical evidence.

The Law Office of J. Michael Solar PLLC is committed to treating each client with respect and each case as unique.

Call our 24-Hour HOTLINE now. The initial consultation is free of charge. If we accept your case on a contingent fee, you will not be required to pay any attorneys’ fees or expenses in advance.


If you have any questions call our 24-Hour HOTLINE at 713-557-2524 now.