SERVICES

Services include:

Expert Economic Analysis for Child Support

Visit GuidelineEconomics.com to learn more about our services in the child support arena. The child support analysis is unparalled for rebuttal of guideline presumptive awards. Years of experience in working with attorneys have established a strong combination of legal and economic strategies.

Personal Injury Analysis and Other Economic Damages

We provide a wide variety of services related to analysis of economic damages.  These include:

  • Personal injury
  • Wrongful discharge or discrimination
  • Wrongful death
  • Projecting costs for life care plans
  • Economic projections for business valuations
Our services can provide many benefits. With our economic damage analysis and testimony, you can:
  • Enhance your case before a jury. Expert testimony is more credible than mere argument alone.
  • Increase the odds of a favorable settlement. Opposing counsel will take your attorney's position more seriously.
  • Not having proper expert analysis and testimony may be very damaging to the outcome of your case. Courts have stated that claims for personal damages must be supported by qualified experts.

One such example is Todd v. Delta Queen Steamboat Company, 2007-1518 (La.App 4 Cir. 06/17/09); 2009 La. App. LEXIS 1280 (La. App. 2009). In a rehearing, the Court said: "The district court set forth the various reasons why it did not award Mr. Todd damages for future earnings and/or loss of future earning capacity; 1) he did not present an economist in support of his claim; 2) he failed to present adequate evidence to support such an award; and 3) his extrapolation of future wage loss was inaccurate as it failed to take into account tax consequences and use of a discount rate. We do not find that the district court abused its vast discretion in not awarding Mr. Todd damages."

Life Care Plan Projections

When life care plans are prepared for presentation in court, a key issue is to ensure that the projections meet standards for acceptance as expert testimony (such as the Daubert or Frye standards). Generally, a qualified expert is needed to get life care cost projected admitted in court. Key issues addressed by Rogers Economics, Inc. are:

  • Matching life care cost components with the appropriate inflation indexes for medical and non-medical items.
  • Determining appropriate inflation rates for each cost index.
  • Determining an appropriate adjustment factor for income taxes paid to determine component costs on a before-tax basis (otherwise, invested amounts fall short of meeting the needs of the life care plan).
  • Choosing an interest rate that appropriately is based on investments with essentially no credit risk.
  • Applying an appropriate discount rate and calculating the present value of total costs of the plan.

Rogers Economics, Inc. can help ensure you that your life care plan cost projections meet the requirements for acceptance in court.

General Economic Consulting Services

  • Revenue, demand and inventory forecasting
  • Scenario analysis for various corporate or government needs, including economic impact studies. Economic surveillance at national, regional or local levels for strategic or production planning. Especially useful for foreign corporations interested in U.S. investment opportunities and for government budget planning.
  • Corporate and governmental internal databases, expertise in developing and improving databases for a variety of purposes and making them "user-friendly" for employees.
  • Marketing issues that can be addressed with survey design and implementation, demographic and other data analysis, and even with the development of internal company data into PR vehicles.
  • Human Resource Department types of needs -- including developing contract escalation clauses, employment cost forecasting, and executive performance evaluation

Web Based Software for Financial Applications

R. Mark Rogers Economic Consulting has a joint venture with Continua Multimedia Development for designing and implementing leading edge, web-based financial applications. Rogers' financial and economics expertise is combined with the most up-to-date web technology for financial applications. For one such venture, visit GuidelineSoftware.com and check out the "About Us" link. Is a web-based financial application in your company's future? Interested in cost-effective implementation of government services through web-based applications? R. Mark Rogers Economic Consulting has the solution.