Damages are defined as monetary compensation that is awarded by a court in a civil action to an individual who has been injured through the wrongful conduct of another party.
Damages attempt to measure in financial terms the extent of harm a plaintiff has suffered because of a defendant\'s actions. Damages are distinguishable from costs, which are the expenses incurred as a result of bringing a lawsuit and which the court may order the losing party to pay. Damages also differ from the verdict, which is the final decision issued by a jury.
The law recognizes three major categories of damages: 1) Compensatory or Economic Damages, which are intended to restore what a plaintiff has lost as a result of a defendant\'s wrongful conduct; 2) nominal damages, which consist of a small sum awarded to a plaintiff who has suffered no substantial loss or injury but has nevertheless experienced an invasion of rights; and 3) punitive damages, which are awarded not to compensate a plaintiff for injury suffered but to penalize a defendant for particularly egregious, wrongful conduct. In specific situations, two other forms of damages may be awarded: treble and liquidated.
Valuation Economist Experts are concerned with Compensatory or Economic damages. They are generally involved in the calculation of compensation necessary to restore what a plaintiff has lost or expense a plaintiff will incur as a result of a defendant\'s wrongful conduct. Calculating the cost of items such as lost wages, cost of future care and medication among others fall within the expertise of Valuation Economist Experts.
Call today (or complete the contact form) for a free consultation with one of our Medical Directors to discuss your case needs and learn more about Valuation Economist Expert Witnesses in our network.
AMFS maintains the most comprehensive network of pre-qualified medical and related experts in all specialties. Our in-house Medical Directors are prepared to consult, recommend and arrange for medical analysis and testimony as required for your case.
Our extensive experience and vast network of Valuation Economists enable us to rapidly identify and interview potential experts on your behalf and provide you with the C.V.s of those who are best suited to your case.
I have used AMFS for years for identifying and engaging highly qualified and credible expert witnesses. The responsiveness and professionalism of the AMFS medical directors and staff helps streamline the expert locating process and adds real value to the cause of my clients. AMFS is an indispensable resource for my practice.
Quality, unbiased review from the inception of medical malpractice matters is why our firm values the expertise of AMFS. You are providing an exceptionally valuable service to the trial lawyers of America.
I have approached AMFS to assist me in locating and hiring qualified experts to consult on claims of professional negligence. I have found their network of experts to be exceptional. I have hired quite a number of experts, in various fields, through AMFS, over the years. The experts have been very well qualified. Moreover, AMFS’s customer service is outstanding. The company always responds to all communications right away. I would recommend AMFS as a very good source of expert witnesses.
I'm writing to commend your case manager for taking a horrible situation we had with an expert and turning it around in less than 24 hours and getting a replacement expert that really jumped in and did the job well and met our deadline. He turned a near disaster into a forward fumble. We are very happy with the results. As we all know, things can get a little crazy in the trenches and it is good to know you have some people that can cut through the red tape and make things happen.
AMFS has consistently provided my office with excellent, above and beyond service. They have provided me with qualified medical experts, who have all been accomplished physicians with large successful practices. Their in-house Medical Directors have been a valuable resource in helping me understand the medical issues of my cases. Most important is the level of service, it is fantastic. I have recommended AMFS to some of my closest professional friends, and would recommend their services to anyone looking for medical-legal consultation or expert physicians.
AMFS has consistently provided top-notch experts for my cases with one phone call and spared me countless wasted hours. I would recommend their services to anyone who is looking for clarification of medical matters, determining which cases to pursue and engaging professional, quality medical experts for all medical-legal matters.
AMFS delivers world class experts for the big case. I suggest using AMFS's service when the stakes are high and only the best expert will suffice.
The exceptional qualifications and extraordinary commitment by AMFS experts resulted in a seven figure settlement for my client on the eve of trial...AMFS is simply the best medical-legal Group I've ever worked with.
We were very pleased with AMFS and we will absolutely use you again. You saved us a great deal of time and we were especially appreciative of your ability to accommodate our rushed scheduling.
I try many different types of medical malpractice cases and I am licensed in New Hampshire, Vermont and Massachusetts. In preparing for my medical cases, I have used many different companies that provide referrals for medical experts. I can say without a doubt that AMFS has provided me with the absolute best service compared to any other company. The staff at AMFS has always been very attentive to my needs and questions. They always respond very promptly to my inquires and my requests. AMFS does more than simply communicate through email or provide the name of an expert to be used in a specific case. The people at AMFS take the time to actually speak with me over the phone, answer my questions, provide advice and whatever assistance I may need in my medical cases. AMFS has always connected me with a highly competent medical expert whenever I had a quick question that needed to be answered. It has been very clear to me that the people at AMFS actually care not only about the success of my case as a trial lawyer but also about helping my clients obtain justice. Thanks to the efforts, professionalism, competence and courtesy of the AMFS staff, my medical cases have gone very well and my clients have been given the best chances of winning. I cannot recommend a better company. AMFS is the best that I have worked with.
Dr. R is perhaps the best expert I have ever had the pleasure of working with. He is superbly knowledgeable, prepared, and accessible, plus he is very pleasant and credible.
I have worked for AMFS for over ten years as both an expert and a case reviewer. Their staff is always responsive, the cases interesting, and I learn a great deal from the cases. It has been a most pleasant addition to my practice.
As a physician, AMFS is the best group I have worked with. Extremely professional and organized. Payment for services was prompt.
One of the most important things about AMFS that has always been true over all the years I have worked with them is that while they are primarily concerned about providing their clients with the most accurate and useful information and opinions that can lead to successful outcomes, they have no hesitation in supporting an opinion that a case has no merit and should not be aggressively pursued. I have never felt any type of influence to recommend that litigation should or should not be pursued for any other reason than the facts of the case.
As an expert witness I have found AMFS to be of the highest caliber in terms of both professional integrity and efficacy for the clients. The interaction, information process, delivery of necessary documents, is always accompanied by a thorough evaluation and follow up. - I feel both fortunate and fully satisfied professionally to be able to contribute to a service such as this