Economic Loss Report

Quantify Economic Damages in Minutes, Not Hours

12 minutes with CaseMark

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Upload your documents and get a finished work product in minutes. New accounts get $5 free to run their first skill.

12 minutes with CaseMark

What you'll need

Employment & Wage Records
Medical Records & Bills
Incident Documentation

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 comprehensive, source-cited report with present-value projections ready for settlement or trial.

Calculating economic damages in personal injury cases requires painstaking manual review of pay stubs, tax returns, medical bills, and employment records. Attorneys and paralegals spend hours building spreadsheets, cross-referencing documents, and ensuring every figure is properly sourced—a process prone to errors and inconsistencies that opposing counsel can exploit.

CaseMark automates the entire economic damages workflow by extracting earnings data, medical expenses, and injury facts directly from uploaded documents. It calculates past and future lost wages with present-value projections, generates conservative and aggressive scenarios, and produces a fully source-cited report structured to withstand scrutiny from opposing counsel and the court.

How it works

1. Upload employment records, medical documentation, and incident files
2. AI extracts claimant profile, earnings history, and injury facts from your documents
3. Review calculated damages with conservative and aggressive scenario projections
4. Export the source-cited economic loss 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 Summary
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 projections
Diminished earning capacity analysis with conservative and aggressive scenarios
Comprehensive medical expense tabulation from itemized bills and EOBs
Source-cited exhibit list linking every figure to supporting documents
Out-of-pocket cost quantification including household services and modifications

Required documents

Employment & Wage Records
Pay stubs (12-24 months pre-injury), W-2s, tax returns, and employer verification letters establishing pre-injury earnings baseline
.pdf, .docx, .xlsx
Medical Records & Bills
Diagnoses, treatment notes, prognosis, work restrictions, itemized medical bills, EOBs, and payment records
.pdf, .docx
Incident Documentation
Documents establishing the date, location, nature of the injury-causing event, and parties involved
.pdf, .docx

Supporting documents

Expert Reports
Vocational evaluations, life care plans, or economist reports to enhance future loss projections
.pdf, .docx
Employer Benefit Statements
Health insurance, retirement contributions, and other fringe benefit documentation for total compensation analysis
.pdf, .docx, .xlsx

Why teams use it

Reduce damages report preparation from days to minutes with automated calculations and document extraction

Ensure accuracy and defensibility with source-cited figures linked to specific documents and page numbers

Evaluate case value with both conservative and aggressive damage scenarios generated automatically

Eliminate manual spreadsheet work for present-value projections, earnings baselines, and medical expense tabulation

Questions

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

CaseMark requires employment and wage records (pay stubs, W-2s, tax returns), medical records and bills (diagnoses, treatment notes, itemized bills, EOBs), and incident documentation. Expert reports such as vocational evaluations or life care plans can be added for enhanced projections.

How does CaseMark calculate present-value projections?

CaseMark applies standard present-value discount methodologies to future lost wages and economic losses, factoring in work-life expectancy, projected wage growth, and appropriate discount rates. Every assumption is transparently documented and cited.

Can the report handle both conservative and aggressive damage scenarios?

Yes. CaseMark automatically generates both conservative and aggressive damages scenarios so you can evaluate the full range of potential recovery and tailor your strategy for settlement negotiations or trial.

Will the report cite the source documents for each figure?

Absolutely. Every fact, figure, and calculation in the report is linked to the specific source document and page number, ensuring the report can withstand scrutiny from opposing counsel, insurance adjusters, and the court.

Can I use this report for settlement negotiations and trial?

Yes. CaseMark's economic loss reports are structured to serve as comprehensive litigation tools for discovery, pre-trial motions, settlement conferences, and trial exhibits. The source-cited format is designed to meet evidentiary standards.

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

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