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Lost Wage & Economic Loss Report

Generate Complete Economic Loss Reports in Minutes

15 minutes with CaseMark

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1. Add your email so we know where to send the result.

2. Upload the files you want analyzed.

3. Run the workflow and we'll take it from there.

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Lost Wage & Economic Loss Report

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Workflow

Lost Wage & Economic Loss Report

Overview

Calculating lost wages and economic damages manually requires hours of spreadsheet work, cross-referencing employment records, medical timelines, and tax documents. Attorneys and paralegals spend valuable billable time performing complex calculations, verifying figures, and formatting comprehensive reports that could contain costly errors.

Calculating lost wages and economic damages is time-consuming and error-prone, requiring attorneys to manually review hundreds of documents, perform complex calculations, and compile supporting evidence. A single mistake in methodology or missing documentation can undermine your entire damages claim and reduce settlement value.

CaseMark analyzes your case documents and automatically generates comprehensive economic loss reports with detailed calculations of past and future lost wages, medical expenses, and all other economic damages. Every figure is supported by specific document citations and presented in court-ready format.

How it works

  1. 1. Upload your documents

  2. 2. AI analyzes and extracts key information

  3. 3. Review and customize the generated content

  4. 4. Export in your preferred format (DOCX, PDF)

What you get

  • Introduction

  • Claimant Information

  • Employment History

  • Past Lost Wages Calculation

  • Future Economic Loss Projection

  • Other Economic Losses

  • Supporting Documentation

  • Conclusion and Total Losses

What it handles

  • Introduction

  • Claimant Information

  • Employment History

  • Past Lost Wages Calculation

  • Future Economic Loss Projection

  • Other Economic Losses

  • Supporting Documentation

  • Conclusion and Total Losses

Required documents

  • Medical Records

    Treatment notes, diagnoses, physician opinions on restrictions, prognosis, and work limitations

    PDF, DOC, DOCX

  • Pay Stubs

    Pay stubs covering 12-24 months pre-injury showing wages, overtime, and benefits

    PDF, JPG, PNG

  • Tax Returns

    W-2 forms and federal/state tax returns for 2-3 years prior to injury

    PDF

  • Medical Bills

    All medical bills, EOBs, and payment records related to the injury

    PDF, XLS, XLSX

Supporting documents

  • Employer Verification Letter

    Letter from employer confirming employment, wages, missed work, and job duties

    PDF, DOC, DOCX

  • Vocational Expert Report

    Professional assessment of residual earning capacity and employability

    PDF, DOC, DOCX

  • Life Care Plan

    Projection of future medical needs and associated costs

    PDF, DOC, DOCX

  • Employment Contract

    Contract or offer letter establishing compensation terms and benefits

    PDF, DOC, DOCX

  • Receipts and Invoices

    Documentation of out-of-pocket expenses, transportation, and household services

    PDF, JPG, PNG

  • Disability Payment Records

    Records of short-term/long-term disability or workers' compensation payments

    PDF, XLS, XLSX

Why teams use it

Automated calculation of past and future lost wages with supporting documentation

AI-powered extraction of employment history, earnings, and benefits from uploaded files

Comprehensive economic damage analysis including medical costs and out-of-pocket expenses

Court-ready formatting with proper citations and verification standards

Reduce 6+ hours of manual calculation work to under 15 minutes

Questions

What documents do I need to generate a lost wage report?

At minimum, you need medical records documenting the injury and restrictions, pay stubs from 12-24 months before the injury, tax returns (W-2s) for 2-3 years, and medical bills. Optional but helpful documents include employer verification letters, vocational expert reports, life care plans, and receipts for out-of-pocket expenses. CaseMark will identify any gaps in your documentation.

How does CaseMark calculate future lost wages?

CaseMark analyzes medical records to determine work restrictions and prognosis, then projects pre-injury earning capacity over the claimant's work-life expectancy using historical wage data and reasonable growth assumptions. It compares this to post-injury earning capacity based on documented limitations, calculates the difference, and reduces it to present value using appropriate discount rates. All assumptions and calculations are clearly shown and supported by case documents.

Can the report handle complex earning patterns like commissions or bonuses?

Yes, CaseMark analyzes variable compensation including overtime, bonuses, commissions, and benefits by examining patterns in your pay stubs and tax returns over the pre-injury period. It calculates averages, identifies seasonal variations, and projects these earnings forward based on documented historical patterns. All calculations are shown in detailed tables with month-by-month or quarter-by-quarter breakdowns.

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

CaseMark generates a comprehensive report in approximately 15 minutes after you upload your documents. The traditional manual process typically takes 8+ hours of attorney or paralegal time to review documents, perform calculations, create tables, and compile supporting evidence. The automated report includes all the same components with full citations and evidentiary support.

Will the report hold up to scrutiny from opposing counsel or experts?

Yes, CaseMark's reports are designed to withstand expert scrutiny by using transparent, replicable methodologies with all calculations shown step-by-step. Every figure is supported by specific citations to source documents including page numbers. The report anticipates common challenges like mitigation arguments and pre-existing conditions, and uses conservative assumptions throughout. You receive a court-ready document with comprehensive exhibit lists.

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