Economic damages refer to the financial losses suffered by a plaintiff or group of plaintiffs due to a defendant’s or multiple defendants’ wrongful conduct. Damages are a crucial component of many types of cases, including antitrust litigation, personal injury, employment, business disputes, securities litigation, and consumer protection cases. Economic damages are distinct from non-economic damages, which refer to compensation for non-monetary losses such as emotional distress, pain and suffering, etc.

Damages are essential in legal cases, and it is important to engage an expert economist who has experience in calculating damages. Clients regularly turn to Econ One’s damages experts for calculating damages in large antitrust cases involving multiple plaintiffs and defendants, all the way down to smaller personal injury single plaintiff cases. Our experts have a deep understanding of economic theory and utilize cutting-edge econometric models to assess the alleged impact and calculate damages.

Econ One’s economic experts and consultants have calculated damages in cases across a variety of industries. Utilizing cutting-edge econometric models and data analysis techniques, our experts examine pricing patterns, market structures, and other important information to accurately calculate damages. Our deep understanding of complex economic theory, paired with our proficiency in handling large datasets, empowers us to produce clear, convincing expert reports and testimony, making Econ One a trusted partner in navigating the complexities of economic damages.