Subscribe(Text for those without flash or javascript) Fulcrum's professionals are experienced CPAs, MBAs, ASAs, CFAs, affiliated professors and industry specialists Our expertise encompasses damages analysis, lost profit studies, business and intangible asset valuations, appraisals, fraud investigations, statistics, forensic economic analysis, royalty audits, strategic and market assessments, computer forensics, electronic discovery and analysis of computer data.
Firm Overview Why we are better:
- Considerable technology investments in semi-automated models mean that we address personal injury and wrongful death cases faster, and for a lower cost.
- Our standard reporting includes interactive graphics that allow you to understand the sensitivity of the damage amount to key inputs. This facilitates the preparation and assessment of settlement offers.
- When used with a substantial number of claims (such as occurs with insurance companies), the use of a standardized model and preferred vendor means that claims are adjusted in a pre-approved and consistent manner, at a pre-approved and lower cost.
- All input is in one place, and can be input directly by the attorney or adjuster. This organizes the process, and speeds delivery of your conclusions/results.
- If you need expert testimony, you have a pre-committed source for a report and related expert witness.
Personal Injury and Wrongful Death
Fulcrum performs personal injury and wrongful death claims with the assistance of sophisticated models that address all the factors generally accepted in such matters. Fulcrum customizes its standard models (when required) based on the facts of each case.
We prepare economic damages calculations that address future lost earnings and costs for both plaintiffs and defendants. These analyses consider economic factors, including:
- Future earnings and earnings growth
- Value of employment benefits
- Expected work life
- Present value discounts for future investment earnings
- Income tax impacts
- Lost household contributions
- Future consumption
To perform these calculations properly, the analyst must identify calculation inputs based on government statistics, economic studies, and market conditions. Additional inputs are based on the plaintiff’s demographic and earnings data.
Representative Projects Involving Customized Analysis
On numerous occasions, performed personal injury economic damage calculations. Such calculations considered lost earnings, lost benefits, replacement earnings (if any), expected work life, and the time value of money between the date of judgment and the dates of the expected future losses.
On several occasions, performed business appraisals and assessments of enterprises owned and operated by injured parties. Addressed reasons for a business' decline that were unrelated to the alleged injuries.
Performed numerous lost earnings claims (over one hundred) involving claimed injuries from a series of medical products produced by a pharmaceutical and medical products company.
Calculated lost earnings involving hundreds of persons involved in an environmental mass tort case. The plaintiffs varied considerably in terms of age, income, and other demographic factors. The calculations used a complex computer model that incorporated, age, prior earnings history, claimed ailment, education, and family background.
On several occasions, estimated the economic damages the defendant suffered (and may suffer in the future) from residential mold.
In numerous occasions, researched employment statistics where the plaintiff’s past earnings were either not available (usually due to youth), or were not representative of what the earnings potential might have been. Such research came from sources such as government data, industry organizations, or customized survey research.
Performed a lost earning calculation involving the wrongful death (airplane crash) of an extremely successful entrepreneur who was responsible for a portfolio of business interests. At the time, the claim was one of the largest wrongful death matters that had ever been litigated (over $100 million in alleged damages).
Standardized Reports
For simple fact patterns, Fulcrum can utilize its proprietary standardized models to deliver accurate answers at a much lower cost. This approach is better because:
- Our firm is one of the most experienced damage analysis consulting firms. Our damages experts have consulted on thousands of engagements, covering practically every type of civil case, and practically every industry. Because of this, our damage experts can persuasively address complicated matters without wasted effort.
- Our damages experts have significant witness experience. Juries and judges usually find our conclusions and presentations to be persuasive.
- We have substantial experience in specialized commercial damages areas such as patent, trademark, copyright, and trade secret infringement.
- We train our personnel better and give them concentrated experience. Our accountants continually receive ongoing professional training. Our overall average rates are lower than most of our competitors. By teaming with professors, our expert witnesses deliver a broader variety of skills.
- Our accounting experts incorporate technology into our work, thereby delivering a cost effective and more complete product. Our expert witnesses optimize the use of visual aids in our work, making the conclusions more persuasive and easier to understand.
- Our litigation work utilizes our fraud experts' investigative capabilities. This allows us to discover important evidence.