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Maritime Law is generally a specialized subset of damages related to the economic losses suffered by a plaintiff employed in a maritime business or occurring in open water. Claims under maritime law can be filed under the Jones Act (a Federal law detailing the rights of a seamen), general maritime law, or the Death on the High Seas Act. Damages in a maritime claim can result from wrongful termination or employment discrimination of an individual working in a marine capacity, or from a personal injury that occurred in a maritime setting.
The main components of maritime damages include past and future lost earnings and benefits, past and future medical expenses, found (a calculation of the value of food and lodging provided aboard a vessel), and prejudgment interest.
Due the complex nature of those engaged in maritime employment, including union fringe benefits during worklife and pension benefits during retirement, retaining an expert economist who has experience in calculating these types of damages is essential. Econ One experts have a deep understanding of the requirements of calculating all types of losses under a maritime claim.