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The Big News: Our Anniversary

It’s been 30 years since the Center for Forensic Economic Studies began offering the legal community expert economic and statistical analysis and testimony.

In 1980, Jerome Staller, then a senior government economist, formed a firm dedicated to applying economic and statistical analysis to problems arising in litigation. The firm provided attorneys and courts with calculations of damages in civil litigation. It also provided statistical analyses of liability in mass-tort and civil-rights matters. The firm earned a reputation for reporting the results of such analysis clearly and coherently.

Building on its two main areas of practice — analysis of damages in personal injury matters and the statistical analysis of liability and damages in labor and employment matters — the firm has greatly expanded its scope.

Today, the Center, working with a diverse clientele, analyzes damages and liability in many areas, including injury and death matters, mass torts, commercial litigation, employment actions and insurance-related issues. In addition, Center economists consult in non-litigation areas such as labor-law compliance, business valuation, feasibility studies and wage negotiation.

We at the Center are looking forward to 30 more years of ]service to the legal community.

A Special Supplement

The Center for Forensic Economic Studies 30th anniversary was highlighted in a special four-page supplement to the Legal Intelligencer, Philadelphia's legal newspaper of record.

To see the special supplement, which includes a guide to effective damages discovery, click here:

The Center for Forensic Economic Studies
Special Anniversary Supplement


The Legal Intelligencer, June 8, 2010

 

Recognizing excellence

Award Recipients

The Center for Forensic Economic Studies 2010 Excellence in Litigation Award recipients. From left, standing, Matthew Helman, William Weiss, Center for Forensic Economic Studies President Chad L. Staller, Colleen Hughes, Rochelle Keyhan, Periann Doko, Alex Hersonski, Emily Foote, Colin Worrall and Nicole Aiken. In front, Scott Simpkins.

Each year since 1987, the Center for Forensic Economic Studies has given its Excellence in Litigation Award to law-school students who, in the opinion of each school’s faculty, have excelled in a litigation-related area. The Center makes the awards to law students from Temple University, the University of Maryland, Rutgers - Camden, Villanova University, Drexel University and Widener University.

The 2010 recipients are Colin Worrall of the University of Maryland; Colleen Hughes and Rochelle Keyhan of Temple; Emily C. Foote and Nicole Aiken of Drexel; Periann Doko and Robert Kinnear of Widener; Scott Simpkins and Alexander Hersonki of Rutgers-Camden; and Matthew Helman and William Weiss of Villanova.

The awards were presented this year at a May 19 dinner at the Down Town Club in Philadelphia. The featured speaker was Philadelphia attorney Madeline Sherry of the Gibbons Law Firm. Guest speakers at past Center award dinners include Justice Russell Nigro, the Hon. Bonnie Leadbetter, the Hon. Charles P. Mirarchi, Jr., the Hon. Roberto A. Rivera-Soto and the Hon. Edward R. Becker.

Center for Forensic Economic Studies Excellence in Litigation Award has gone to more than 200 law students since 1987. Past recipients include many leaders in the legal community, working at many leading national firms including Archer & Greiner, Feldman Gale; Wilentz, Goldman & Spitzer; Rawle & Henderson; Obermayer Rebmann Maxwell & Hippel; and Fox Rothschild.

 

Damages Report Leads to Significant Settlement for Injured Worker

An economic-damages analysis performed by Center for Forensic Economic Studies economists helped a severely injured worker reach an $8.2 settlement with the owner of a construction site and an engineering company responsible for site safety.

The worker, a pipe layer who was crushed between an excavator machine and a cement manhole, is permanently disabled. Center economists analyzed damages to the worker at the request of Michael O. Pansini of Philadelphia's Pansini & Mezrow, the worker's attorney. Center economists put the worker's economic damages at more than $3 million. The economic losses include lost future earnings, medical costs and lost services.

A plaintiff's memorandum submitted prior to mediation stated that the case had a value of $15 million to a Philadelphia jury when the value of pain, suffering and loss of life's pleasures were added to the purely economic loss.

The matter, Goodman v. T.H. Properties, reportedly settled after two mediation sessions. An account in the Legal Intelligencer, Philadelphia's legal newspaper, stated that defendant T.H. properties had filed for bankruptcy in the spring of 2009, and the bankruptcy court had placed a $9 million cap on recovery.