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BENEFITS OF OUR
Automated Software
Real Time Valuations
Our processes provide answers in real time, no more waiting. Know what your case is worth today.
Industry Leading Value
For as low as $549 generate economic reports applying standard economic principals, discounted to present value, and providing unsurpassed value for your clients.
Multiple Components
Select from a variety of economic components and customize your report. We can provide valuations for earnings & benefits, retirement income, household services, and medical expenses.
Flexible Assumptions
Utilize and alternate statistical reports while you build the life model. If the statistics are not appropriate for your life model, manually input the correct information.
Verified Results
Our reports have been rigorously tested against those utilized in real cases. There is no statistically significant difference in result when the same assumptions are used.
API Integration
Do you utilize CRM software like Salesforce of Clio? Juris Economics integrates with your existing API to automatically generate reports and store economic results in your casefile.
HOW DOES IT WORK?
Economic Valuation
Demographics
The starting point for an individual economic assessment is the demographics page. The intelligent form guides users through a series of demographic questions to determine life expectancy. Life expectancy can be based upon statistical life tables from the National Center for Health Statistics or a custom selection. Help tabs are provided to assist you along the way.
Family
Demographics are further developed on the family page. State of residence, marital status, and children are entered to provide a complete demographic picture. This information allows a snapshot of the home environment at any point in time.
Education
Education attainment is entered to provide additional references for labor force entry and work life expectancy. When the highest level of education is entered, a labor force entry date is generated based upon the years of schooling required. This date may be adjusted as necessary to reflect the actual date of completion.
Income
Labor force participation, work life expectancy, and sources of income are provided to complete the economic picture. Work life expectancy may be derived from statistical sources or directly entered based upon individual expectations. In a similar manner, annual income may be looked up based upon data provided by the Bureau of Labor Statistics or directly entered based upon an individual’s earnings history.
Configure & Download Report
With a complete life model in place, daily values are calculated for each economic variable the report has been configured for. Daily values are calculated in discounted present value and undiscounted future value amounts. At this point, the full economic report is available for review.
PREVIEW EXAMPLE REPORT
READY TO AUTOMATE YOUR REPORT PROCESS?
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HOW DOES IT WORK?
Life Care Plan Valuation
Demographics
The starting point for a life care plan valuation is the demographics page. The intelligent form guides users through a series of demographic questions to determine life expectancy. Life expectancy can be based upon statistical life tables from the National Center for Health Statistics or a custom selection. Help tabs are provided to assist you along the way.
Life Care Plan
Specific needs are entered by category for organizational convenience. Once a category is created, medical needs may be added. Pop-up windows provide an easy to use form to enter each medical need. Historic growth and discount rates are the default selection. A chart depicting historic growth and discount rates is provided for reference should a rate adjustment be desired.
Report
With a life care plan entered, daily values are calculated for all care needs in discounted present value and undiscounted future value amounts. Confirm the start date, end date, and select the date of financial valuation to complete the report. Once complete, the full life care plan is available for review.
PREVIEW EXAMPLE REPORT
SOFTWARE
Pricing
Membership
$99.00 /month
Full access membership which includes 2 report credits per year, access to all previous valuations, and preview of past/future values prior to report downloading.
- Two report credits annually
- Purchase additional reports for $549/each
- Preview report values prior to downloading
Single Report
$749
Gain access for 3 months with a single report. Generate a report providing an economic assessment of an individual or a life care plan valuation.
- Easy to use
- Stored Analysis for Future Refinement
- Download Reports Immediately
Enterprise
Contact Us
For high volume users, we provide customized pricing to meet your economic valuation needs. Our team would be happy to assist finding the right fit for your usage needs.
- Grant access to multiple users
- Back-end API integration
- Real Time Results/Reports
COMMON
Frequently Asked Questions
How accurate are automated reports?
Automated reports use the same academic framework all economists do. When the same assumptions are used, our reports yield identical results to those generated by economic experts.
Can I use this report in Court?
While we can’t comment on matters of admissibility that may vary by jurisdiction. If a foundation is laid by an appropriately qualified expert, our reports should be treated just like any other.
I don’t speak economics, can you help me create a report?
If you are uncomfortable making selections, schedule an appointment with one of our team members. We will guide you through the process, entering data, refining assumptions, and configuring the report.
GET STARTED TODAY
Schedule Your Free Demo
Schedule a demo to discover how Juris Economics is transforming legal report generation with our real-time economic valuation and life care plan reporting platform, designed to save time, streamline workflow, and enhance case value assessments.
(858)477-9537
Info@juriseconomics.com