Overview

What's the value of a deceased person, a victim's injuries, a contaminated water well? Formulas for Calculating Damages draws from the fields of law, accounting, economics, and statistics to provide a variety of formulas that help professionalize the practice of law, bolster the quality of advice provided to clients, and generate a more responsibly and skillfully presented case for damages. These formulas can be applied to thousands of case scenarios and used to informally estimate the value of a case, to negotiate or mediate settlements, or to prove damages in the course of a trial. However, they also serve many other purposes: deciding whether to accept or reject a case, whether to hire an employee or retain a contractor, whether or not to sell a business, etc. In 20 chapters, Formulas for Calculating Damages addresses basic rules and strategies - including calculating interest, measuring probability, the key rates of return, and financial ratios - and introduces the most fundamental formulas, then applies those formulas to the major practice specialties: personal injury and wrongful death, business cases, employment law, real estate, environmental law, bankruptcy, intellectual prop-erty, and family law. The last chapter provides a detailed examination of the retention of forensic experts and the top rules for using them strategically. Among the changes to this second edition are new Chapter 4 (Speed Math, Estimation, and Memorization) and Chapter 19 (Admiralty and Aviation Law Damages).

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9781641054607

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Mark S. Guralnick is a trial lawyer, a law professor, and an author of numerous books and articles in various legal specialties. He has practiced extensively in the fields of civil litigation, family law, and criminal defense. He is admitted to practice in Massachusetts, New York, New Jersey, Pennsylvania, Maryland, Florida, Michigan, Kentucky, the District of Columbia, and the Commonwealth of the Northern Mariana Islands. He is also admitted as a solicitor of England, Wales, and Scotland. Based primarily in New Jersey, he maintains offices throughout the United States. Mr. Guralnick has also taught law, political science, business, and media courses at Rutgers University, Ramapo College, the University of Denver, the Pennsylvania State University, and other schools. He has authored books in a variety of practice specialties ranging from employment law to interstate child custody litigation. A graduate of Columbia University, London Business School, Bennington College, and other schools, Mr. Guralnick holds two MBAs, a Ph.D. in political science, an LLM in international law, a JD degree, and master’s degrees in public administration and in fine arts. Among his various leadership positions and appointments, he has served on the Board of Governors of the American Board of Professional Liability Attorneys and as chairman of the International Law Section of the New Jersey State Bar Association.

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