Litigation projections
Forward-looking projections of economic impact for active matters.
Economic Forecasting
Forward-looking analyses to support strategic decisions and quantify projected impacts.
An economic forecast projects the future paths of variables relevant to a litigation matter or a strategic decision.
Reliable forecasting requires applied econometric expertise: selecting an appropriate model, validating assumptions against historical data, and presenting the range of plausible outcomes with documented uncertainty. The reliable horizon depends on the variable being forecast, the data available, and the requirements of the engagement.
Types of cases
Strategic planning
Forecasts to support business decisions, investments, and risk assessment.
Regulatory analysis
Projection of economic effects from policy changes and regulatory actions.
What we provide
Independent economic analysis available to plaintiff or defense counsel.
Our work draws on government and private-sector data sources appropriate to each engagement, including data from the Bureau of Economic Analysis, the Bureau of Labor Statistics, the Federal Reserve, the U.S. Census Bureau, and industry-specific databases. We document the model selection, the underlying assumptions, and the resulting confidence intervals so that opposing counsel and the trier of fact can evaluate the forecast on its merits.
Reports are written to satisfy FRCP 26(a)(2)(B), supported by deposition and trial testimony as needed. Closely related work appears on the business-interruption page.
Common questions
What counsel asks before retaining an economic expert.
How can economic forecasting help my business plan for uncertainty?
Economic forecasting provides a structured framework for anticipating changes in demand, costs, and market conditions. Businesses can use econometric projections to evaluate strategic options under multiple scenarios. This allows leadership to allocate resources more effectively and develop contingency plans for adverse conditions before they materialize.
What data sources do your economists use for economic forecasts?
We draw on government and private-sector data sources as appropriate for each engagement. These may include, but are not limited to, data from the Bureau of Economic Analysis, Bureau of Labor Statistics, Federal Reserve, U.S. Census Bureau, and industry-specific databases. The specific sources used depend on the economic variables being forecast and the requirements of each case.
How far into the future can economic forecasts reliably project?
The reliable horizon depends on the economic variable being forecast and the nature of the underlying data. Forecast uncertainty generally increases with the projection period. The specific methodology and presentation of results depend on the requirements of each engagement.
Can economic forecasting be used as expert testimony in litigation?
Yes. Economic forecasts are used in litigation to project future lost profits, estimate future damages, or establish expected market conditions. Our forecasts are built on recognized econometric methods with documented assumptions. Our economists have experience presenting economic analysis in both federal and state courts.
Where do your economists practice?
Our economists are based in Wisconsin and California and provide expert economic analysis and testimony in federal and state courts nationwide. We have particular depth of experience in Wisconsin, Minnesota, Iowa, Illinois, and California, but regularly accept engagements throughout the United States.
Practice scope Federal and state courts nationwide.