Why Hire a Lawyer Who Can Do Math?

Let's face it, many lawyers are terrible at math. Hiring a lawyer who can't do math can be a costly mistake.

For example, let's assume someone was disabled in a car accident on December 24, 2008, such that they were not able to do their job. They would be entitled to accident benefits for their lost income, commencing on January 1, 2009. For simplicity, let's assume they were entitled to $400 per week in lost wages, the maximum benefit, for a period of 104 weeks (at which point the disability test changes). Now, let's say we wanted to know the value of their claim on January 1, 2013, four years after benefits were first payable (perhaps for settlement purposes). Straight arithmetic tells us that $400 x 104 = $41,600.00. In the legal field, the straight math is wrong.

By |2018-12-20T15:56:26-05:00December 11th, 2014|Legal System|
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