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Economic Loss Report

Quantify Economic Damages in Minutes, Not Hours

12 minutes with CaseMark

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12 minutes with CaseMark

What you'll need

  • Employment & Wage Records
  • Medical Records
  • Medical Bills & EOBs

SOC 2 Type II · HIPAA compliant · $5 free credit

Workflow

Overview

CaseMark's Economic Loss Report skill automates the complex process of quantifying economic damages in personal injury litigation. It extracts earnings data, calculates past and future lost wages, tabulates medical expenses, and produces a fully source-cited report with present-value projections ready for settlement negotiations or trial.

Calculating economic damages in personal injury cases is one of the most time-intensive tasks in plaintiff litigation. Attorneys and paralegals spend days manually extracting earnings data from pay stubs and tax returns, cross-referencing medical records for work restrictions, tabulating bills, and building present-value projections—all while ensuring every number can withstand aggressive cross-examination.

CaseMark automates the entire economic damages workflow, from extracting pre-injury earnings baselines to projecting future losses with present-value discounting. The AI reads your uploaded employment records, medical files, and bills, then produces a structured, source-cited report with conservative and aggressive scenarios—giving you a defensible damages picture in minutes instead of days.

How it works

  1. 1. Upload employment records, medical records, bills, and any expert reports

  2. 2. AI extracts claimant facts, builds earnings baselines, and calculates all economic losses

  3. 3. Review the structured report with conservative and aggressive damage scenarios

  4. 4. Export the source-cited report in your preferred format (DOCX, PDF)

What you get

  • Claimant Profile & Injury Summary

  • Pre-Injury Earnings Baseline

  • Past Lost Wages Calculation

  • Future Economic Loss & Diminished Earning Capacity Projections

  • Medical Expense Tabulation (Past & Future)

  • Other Economic Losses (Household Services, Transport, Modifications)

  • Damages Summary with Conservative & Aggressive Scenarios

  • Exhibit List with Source Citations

What it handles

  • Automated pre-injury earnings baseline from pay stubs, W-2s, and tax returns

  • Past and future lost wage calculations with present-value discounting

  • Diminished earning capacity projections with conservative and aggressive scenarios

  • Medical expense tabulation covering past treatment and future care costs

  • Source-cited exhibit list linking every figure to underlying documents

  • Gap analysis flagging missing records for follow-up discovery

Required documents

  • Employment & Wage Records

    Pay stubs (12-24 months pre-injury), W-2s, tax returns, and employer verification letters establishing the pre-injury earnings baseline

    .pdf, .docx, .xlsx

  • Medical Records

    Diagnoses, treatment notes, prognosis statements, work restrictions, and permanency opinions from treating physicians

    .pdf, .docx

  • Medical Bills & EOBs

    Itemized medical bills, explanation of benefits, and payment records documenting past and ongoing treatment costs

    .pdf, .docx, .xlsx

Supporting documents

  • Expert Reports

    Vocational evaluations, life care plans, or economist reports providing specialized projections for future losses

    .pdf, .docx

  • Incident Documentation

    Police reports, incident reports, or other documents establishing the date, location, and nature of the injury-causing event

    .pdf, .docx

  • Benefits Documentation

    Health insurance records, retirement plan statements, and other fringe benefit documentation for total compensation calculations

    .pdf, .docx

Why teams use it

Eliminate days of manual damages calculation with AI-powered automation that produces comprehensive reports in minutes

Ensure every figure is defensible with automatic source citations linking each data point to specific documents and pages

Strengthen settlement positions with both conservative and aggressive damage scenarios backed by transparent methodology

Catch documentation gaps early with built-in gap analysis that identifies missing records before they become problems at deposition or trial

Questions

What documents do I need to generate an economic loss report?

At minimum, you need employment and wage records (pay stubs, W-2s, tax returns), medical records with diagnoses and work restrictions, and itemized medical bills. CaseMark will flag any gaps in documentation that may require follow-up discovery.

Does CaseMark calculate present-value discounts for future losses?

Yes. CaseMark applies present-value discounting to all future economic loss projections, including future lost wages, diminished earning capacity, and anticipated medical expenses. The discount rates and methodology are transparently documented in the report.

How does the report handle uncertainty in future projections?

CaseMark generates both conservative and aggressive damage scenarios so you can evaluate the full range of supportable figures. Each projection is tied to specific source documents and assumptions that are clearly stated for expert or judicial review.

Can I use this report in settlement negotiations and at trial?

Absolutely. The report is structured to withstand scrutiny from opposing counsel, insurance adjusters, and the court. Every figure is source-cited with document and page references, making it suitable for demand packages, mediations, and trial exhibits.

Does the report include non-wage economic losses like household services?

Yes. Beyond lost wages and earning capacity, CaseMark quantifies other economic damages including household services, transportation costs, home or vehicle modifications, and out-of-pocket expenses—all with supporting citations.

How long does it take to generate a complete economic loss report?

CaseMark typically generates a comprehensive economic loss report in approximately 10-15 minutes, depending on the volume of uploaded documents. This replaces what traditionally takes days or weeks of manual calculation and drafting.

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