This case takes place in Florida and involves a deceased inventor who died in an automobile accident. He worked at various prestigious technology companies throughout his career, ranging from Apple to IBM. He studied engineering at MIT, after which he went on to design and develop several important video technologies. He holds dozens of patents, and was consistently productive throughout his career up until his untimely death. The plaintiff alleges that given this man’s education, credentials, experience and inventive talent, he had an immense earning potential.
Question(s) For Expert Witness
- 1. Do you have experience forecasting/calculating what an individual would likely earn over time?
- 2. Do you have experience calculating the value of earnings over time?
Expert Witness Response E-008207
I have worked on many vocational cases to assess earning capacity (forecasting/calculating). I have been trained to perform present value calculations (value of earnings over time), and I am capable of performing these calculations properly. From the information on the inventor’s life provided it appears that his earning potential was significant.
Expert Witness Response E-008246
I have experience calculating what an individual may likely make as well as value of earnings over time. From the summary of the individual’s life, skills, and achievements provided, it appears that his earning potential was substantial, and it is likely that he would have continued to produce profitable inventions were it not for his death.