Personal Injury, Clinical Negligence & Fatal Accidents
Loss of Earnings, Benefits & Pensions
We have extensive experience acting as experts to quantify loss of earnings, benefits and pensions arising from personal injury and medical negligence, as well as loss of dependency on earnings, benefits and pension arising from fatal accidents.
Our Personal Injury & Clinical Negligence Expert Witness Services
Loss of Earnings
Pension Loss
Loss of Benefits
Loss of Dependency
Quantifying Complex Loss of Earnings
Our experts have acted in some of the largest cases litigated, as well as many of more modest quantum – but all with a need to explain an element of financial loss that goes beyond simple wages or salary.
Our typical cases involve shareholder directors who are key to their company, the self-employed with irregular earning patterns and other complex and high earners. We have a specialism in quantifying losses for those with valuable pension schemes such as public sector (NHS, teachers, lecturers, local government, uniformed services etc.) as well those whose earnings contain multiple elements like performance bonuses and share based incentives. We have quantified losses for professional sportspeople and entertainers whose careers have been limited by injury.
Expert Witness retained for Claimants, Defendants or both
We are instructed regularly by those acting for claimants or defendants. For the former, our experience of providing reports over many years and hundreds of cases enables us to prepare robust calculations of loss, often including valuable aspects of earnings or benefits that may not have been obvious, so enhancing the value of claims in an appropriate and supportable way. For the latter, our experience gives us a sense of when aspects of claims may be inadvertently or deliberately exaggerated or are otherwise not consistent with evidence, and how to find and present the evidence in a fair and impartial way.
Assessing Benefits and Future Financial Losses
We frequently provide reports to assist the Court in assessing loss of unusual benefits such as short and long-term incentive payments (STIP and LTIP), share options etc.
Whilst multipliers are a matter for the Court, we are very familiar with the mathematical concepts behind them and the interaction between discount rates and how future loss multiplicands should be assessed for consistency, so can make recommendations accordingly.
In addition, we are very comfortable working with experts from other disciplines who often need to be instructed for issues such as care costs or rehabilitation strategies.
How KR8’s Personal Injury, Clinical Negligence & Fatal Accidents experts can help you
Our approach is to provide pragmatic and commercial advice, with our senior team members maintaining a high level of involvement in cases. Our team has the experience and expertise to make a difference.
If you are acting for an injured claimant or the dependents of a deceased person, or for an employer, insurer, health provider or medical defence organisation, please get in touch with one of our experts, who will be happy to discuss your needs and how we can help you.
How KR8’s Business Advisory team can help you
We work closely with stakeholders to get businesses back on track.
Whether demand for a product has fallen, an investment has not worked out as expected, or a company needs help defining its future strategy, our team — comprised of accountants, industry executives and former financial services professionals — has the expertise to make a difference.
In addition to working with management teams, our Business Advisory colleagues also support lenders and sponsors in managing investment or repayment strategies, particularly when financial risks are high.
