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A wrongful termination expert witness can play a crucial role in determining the damages associated with the alleged wrongful termination. Whether due to discrimination or retaliation, a wrongful termination can lead to significant economic damages. In some cases, these losses may be short-term if the plaintiff is able to find alternate mitigating employment. In others, economic damages can be extended if the plaintiff is not able to find mitigating employment – or if their new employer pays less than their original job did. Losses can frequently include earnings, health benefits, and retirement benefits. Retirement losses can be exacerbated when an employee is forced out of a position covered by a public pension – including Federal, State, or Local government, as well as certain trades and private employers – into a new job with inferior benefits.
Analyses in these wrongful termination employment cases may also include tax neutralization adjustments in some jurisdictions, to account for the additional tax incidence that can accompany lump-sum damage awards. While the effect of these adjustments can vary greatly depending on the case, tax neutralization adjustments can add significantly to the economic damages.
Econ One’s employment experts and consultants have experience with providing clear and accurate damages analyses in employment cases and can offer solid expertise and insight regardless of whether the case is in mediation or ready to go to trial.